Omron bullish on Indian market
April 13, 2016 2:56 pm
April 13, 2016 2:56 pm
As far as Omron is concerned the Indian market is obviously doing better than the global markets. We are achieving a double digit growth year-on-year here which is really difficult in other markets.
–Sameer Gandhi, Managing Director, Omron Automation India
Industrial automation major Omron is bullish on Indian market as the country, the company believes, offers immense growth opportunities. Sameer Gandhi, Managing Director of Omron Automation India observes that this is the influx point for the Indian manufacturing industry and in turn for the Indian automation industry.
Could you brief us on the performance of industrial automation industry in India? How have Omron India done vis-à-vis global subsidiaries?The industrial automation business is doing fairly well in India. We see a lot of growth happening in the industry and the same is expected to continue as the industrial automation growth is closely associated with the growth of manufacturing. As manufacturing grows in India, the demand for factory automation will also grow which will create opportunities for our business.
As far as Omron is concerned the Indian market is obviously doing better than the global markets. We are achieving a double digit growth year-on-year here which is really difficult in other markets.
At ELECRAMA 2016, you have introduced quite a few advanced solutions. Is this the right time?I think this is the right time to introduce more innovative products in the Indian market. The manufacturing industry in India has gone through the learning curve in terms of industrial operation adoptability and we see now the industry is keen to adopt the next generation solutions like big data and robotics. Thus, being an innovative player, we have introduced a few next-gen solutions for the Indian manufacturing industry. We have recently introduced the futuristic concept of IoT (Internet of Things) to expand their horizon and help them develop smarter machines based on the concept of ‘i 3’- ‘Integrated, Intelligent and Interactive’.
What are your target industry verticals?In the short term our current set of target industry includes automotive, F&B, FMCG, pharma and infrastructure. Also the digital manufacturing such as mobile phones and smart phones is coming up. So, in the medium term, we would like to focus on digital manufacturing.
How is the business post acquisition of Adept Technology? How it’s going help your existing offerings?We have completed acquisition of Adept Technology in October 2015. Though it’s too early to comment on the business post acquisition, but we have received very positive feedback from our customers.
What will be your commitment for ‘Make in India’ initiatives?Industrial automation is essential for ‘Make in India’. We have a major role to play because we believe if manufacturing in India has to take-off, it has to be world-class manufacturing. Whether the products are domestic consumption or for export markets-they have to be of global standards. And to achieve the global standards, one must apply the global level of automation. That’s where Omron comes into picture.
Are you witnessing any kind of growth since the ‘Make in India’ Initiative has been announced?Though it’s at an early stage, we are quite hopeful because of the positive intent of the policy makers. With the recent announcements by the government, we are optimistic that it will yield good results.
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April 13, 2016 2:56 pm
As far as Omron is concerned the Indian market is obviously doing better than the global markets. We are achieving a double digit growth year-on-year here which is really difficult in other markets.
–Sameer Gandhi, Managing Director, Omron Automation India
Industrial automation major Omron is bullish on Indian market as the country, the company believes, offers immense growth opportunities. Sameer Gandhi, Managing Director of Omron Automation India observes that this is the influx point for the Indian manufacturing industry and in turn for the Indian automation industry.
Could you brief us on the performance of industrial automation industry in India? How have Omron India done vis-à-vis global subsidiaries?The industrial automation business is doing fairly well in India. We see a lot of growth happening in the industry and the same is expected to continue as the industrial automation growth is closely associated with the growth of manufacturing. As manufacturing grows in India, the demand for factory automation will also grow which will create opportunities for our business.
As far as Omron is concerned the Indian market is obviously doing better than the global markets. We are achieving a double digit growth year-on-year here which is really difficult in other markets.
At ELECRAMA 2016, you have introduced quite a few advanced solutions. Is this the right time?I think this is the right time to introduce more innovative products in the Indian market. The manufacturing industry in India has gone through the learning curve in terms of industrial operation adoptability and we see now the industry is keen to adopt the next generation solutions like big data and robotics. Thus, being an innovative player, we have introduced a few next-gen solutions for the Indian manufacturing industry. We have recently introduced the futuristic concept of IoT (Internet of Things) to expand their horizon and help them develop smarter machines based on the concept of ‘i 3’- ‘Integrated, Intelligent and Interactive’.
What are your target industry verticals?In the short term our current set of target industry includes automotive, F&B, FMCG, pharma and infrastructure. Also the digital manufacturing such as mobile phones and smart phones is coming up. So, in the medium term, we would like to focus on digital manufacturing.
How is the business post acquisition of Adept Technology? How it’s going help your existing offerings?We have completed acquisition of Adept Technology in October 2015. Though it’s too early to comment on the business post acquisition, but we have received very positive feedback from our customers.
What will be your commitment for ‘Make in India’ initiatives?Industrial automation is essential for ‘Make in India’. We have a major role to play because we believe if manufacturing in India has to take-off, it has to be world-class manufacturing. Whether the products are domestic consumption or for export markets-they have to be of global standards. And to achieve the global standards, one must apply the global level of automation. That’s where Omron comes into picture.
Are you witnessing any kind of growth since the ‘Make in India’ Initiative has been announced?Though it’s at an early stage, we are quite hopeful because of the positive intent of the policy makers. With the recent announcements by the government, we are optimistic that it will yield good results.
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