With India's industrial production continuing to expand at a dynamic rate, the challenge of meeting quality standards has become a priority. Many manufacturing sectors in India are registering double digit growth rates. As the economy becomes more accessible to global market players, Indian manufacturers are realising the necessity to modernise their production plant and processes in order to stay competitive. This applies to every facet of industrial automation.
As a result, there has been a dramatic increase in the demand for modern production technology and high-performance systems. Approx. 75 per cent of automation technology needs are currently met by imports. India turns to the import market in particular for high-precision, high-performance machine tools. The main clients are big foreign companies with production plant in India, but demand amongst Indian companies is also increasing.
The premier of the IA India held in 2007 witnessed participation from 131 exhibitors representing 12 different countries. Siemens Ltd, LAPP India, Rittal, Sortimat Technologies, Balluf Gmbh, Testo India, Eaton Coporation, Connectwell, Baumer, BLOCK, Gudel India, Beckhoff Automation and Autonics Co Ltd were some of the major exhibitors at IA India 2007.
Bengaluru being the major industrial centre in the country, offers considerable market potential for a variety of industrial products and services. Its proximity to other major cities like Chennai, Hyderabad, Coimbatore, Mumbai, Pune and Nashik further adds up to the market potential of Bengaluru. |
