Industrial automation in India to witness a steady growth amid manufacturing boom
Manufacturing in India is gaining traction owing to foreign investments, new policies and shift towards schemes like ‘Make in India’ and ‘Aatmanirbhar Bharat’. With increased manufacturing activity, developments in factory optimisation have accelerated the need to adapt machinery and other processes to make it more effective. Industrial Automation is enabling growth and creating opportunities for technology companies that are innovative and can cater to automotive companies. Demand for automation is going to increase in the near future as companies would need more automation solutions to remain competitive.
In addition, India is shifting towards Industry 4.0, and Industrial Internet of Things (IIoT) will emerge as a game-changer for the manufacturing industry. Moreover, with large number of engineering professionals, India has a large number of skilled labour for the Industrial Automation sector. Also, companies planning to enter India will find numerous business opportunities in this sector.
Major growth drivers of industrial automation in India are:
- 1. The Industrial Automation Industry in India is undergoing transformation owing to increasing Foreign Direct Investments (FDI) and sustained growth of the manufacturing sector
- 2. Factory Automation is becoming more and more important for competitiveness of companies
- 3. India is emerging as a preferred sourcing destination for Industrial Automation
- 4. India’s growing manufacturing sector is driving industrial automation equipment demand
Capitalise on the anticipated growth of automation in manufacturing by being a part of Automation & Robotics 2021 – A specially crafted show to enable growth in the automation and robotics sector in India. The show is co-located with AMTEX 2021-Asian Machine Tool Exhibition, which is the most preferred machine tool event.