Automation Solutions in India
The Indian automation market has achieved significant momentum for taking the instrumentation, control and automation industry to the high growth path. India is the perfect blend of process industry which provides excellent development opportunities for the entire spectrum of automation products and systems.
With a GDP growth of around 7 percent, India is one of the fastest growing economies in the world, and India is moving fast on the path of global integration. In addition to other key indicators, India is looking at an important pick-up in foreign trade growth, domestic consumer demand, infrastructure growth, industrial revival, capacity expansion and manufacturing production and capital goods sector. The realization is that the future of India cannot depend on the “back office” of the world. Automation has an important role to play in making this industry truly world-class and ensuring “competitive advantage” for the Indian industry.
Although the Indian industry has accepted enterprise solutions for business processes and it has not yet recognized the full potential of manufacturing automation and “affiliate systems”. Automation has been mainly limited to technical domain and not adequately seen in this context, “Business value.” While many companies have adopted Enterprise Resource Planning (ERP) or Manufacturing Resource Planning (MRP2) for business processes, they still have little or no basic automation to link up to the venture level. As an indicator, the total automation market in China, a country that India benchmarks in economic growth, is about eight to 10 times larger than India.
India offers strong development possibilities for automation in both near and long term, with large investments in industries. Increasing disposable income in the hands of almost a billion people is creating increasing demand for a wide range of products. In the greed of this opportunity, the manufacturers have created new production facilities in almost all vertical industries.
Due to this cycle of demand, investment and wealth creation, India is emerging as an economic development engine. The discovery of manufacturers to gain sustainable competitive advantage motivates them to use automation on a large scale.
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