India has approximately 17.9 per cent of untapped electricityefficiency potential and optimizing industrial motor- driven systems would help deliver overall savings up to 60 per cent on industrial electricity consumption, according to a study by Siemens Financial Services. India ranks second following Russia and ahead of China in electricity-efficiency potential. With the Make in India initiative to boost local manufacturing in India, the manufacturing sector needs to constantly innovate to improve optimum utilization and remain competitive. Both electricity consumption and prices are continuously increasing over the last decade, besides the fact that electricity usage in the manufacturing sector surged over the last 40 years, rising three times faster than overall energy use. Electricity also allows greater levels of automation and digitalization in the manufacturing process. Hence, investing in electricity- efficiency technologies not only helps cut energy bills, manufacturing costs and carbon emissions, but new equipment can also bring productivity and capacity improvements as an added bonus, thereby improving business performance and competitiveness. Tailored financing arrangements will prove fundamental to the Indian manufacturing sector in terms of energy- efficiency. This will boost the government's 'Make in India' initiative, placing India as a manufacturing hub. Manufacturers need to avail of the increasing range of electricity- efficient solutions which help in lowering electricity consumption, reducing transmission losses and life- cycle costs, improving business performance while also meeting environmental regulations.