Share New Delhi: It is said that as much as half of the world’s electricity is consumed by motors1. Motor-driven systems in the industry sector alone consumes 64% of the electric energy, while the commercial sector consumes 20% and the residential sector consumes 13%2. There is a growing focus on improving the efficiencies of motors and reducing energy consumption to meet the carbon emission targets around the world. There is a lot of excitement around the world of motors, given the recent high profile investments in this area, validation from key Governments and industry leaders to further promote the development and adoption on energy efficient motors across the various sectors.