This document identifies various strategic initiatives required to be undertaken in order to meet the challenges for achieving Vision 2022 and defines the approach to drive strategic initiatives. This base document is an outcome of dialogues with many stakeholders including electrical equipment manufacturers, users (power generation and transmiison and distribution companies), investor community and various departments of Government of India. Although the market is expected to grow at a healthy rate, the domestic electrical equipment industry is facing challenges in leveraging this growth due to competitive pressures and low focus on technology development and upgradation. Furthermore, India"s share in global export of electrical equipment is less than 1%.