COVER STORY: LED There Be Light! A strong buzzword these days, LED, if implemented pan-India, may save 100 billion units annually, which can then be utilised to light up a 28 crore strong power starved population. FEATURE: POWER EQUIPMENT Powering Ahead: The equipment industry, valued at around 28 billion, forms a vital component of the power sector providing direct employment to 500,000 people. However, its growth has been highly inconsistent, as is evident from its performance over the last decade-and-a-half.