Business
Frost & Sullivan to launch exclusive white paper on Indian future factories
Indian automation market expected to grow at a CAGR of 5.2% by 2021
Launch edition to bring together tech-giants like Siemens, Bosch, Cisco, Pepperl + Fuchs and Pilz to showcase “Future Factory”
Speaker from Silicon Valley, Made to Measure Industrial automation solutions for SME’s & more…
Mumbai 11th Dec 2017: In FY 2016, the Indian automation market (which includes DCS, PLC, HMI, SCADA, and Industrial Robots) was estimated at INR 40.28 billion. This market is expected to grow at a CAGR of 5.2%, 2016-2021, with industrial robots expected to grow at a slightly higher rate. Industry 4.0, will bring about an overall change in the Indian manufacturing eco-system, with more and more companies acquiring automation solutions within their manufacturing processes.
Following up on the above mentioned numbers, Frost & Sullivan, one of the foremost market research companies will be launching an exclusive whitepaper focused on the future of factories in India. Mr. AroopZutshi, Global President & Managing Partner, Frost & Sullivan said “We are very happy to be a part of Smart Industry Solutions India 2017 as the show will bring together the industry thought leaders, users from the manufacturing sector and solution providers to discuss and deliberate the role of technology in improving the overall efficiency, quality, challenges faced by the Indian manufacturing sector and help establish Indian manufacturing on a global stage. Frost & Sullivan will be launching an exclusive whitepaper focused on the future of factories in India and the impact of automation on discrete and process industries. It will also discuss the current state of digital transformation &IIoT in the manufacturing space and its key functional facets that will drive the future.”
Supporting the technology-led movement in India, Messe Frankfurt Trade Fairs India announced the launch of Smart Industry Solutions India from 13 – 15 December 2017, at Bombay Exhibition Centre in Mumbai. The launch edition of this technology-oriented platform featuring “Future Factory” will unveil a Humanoid DA-2 Robot by Mr Sudhir Kadam from Silicon Valley, USA. Along with the unveiling, Mr Kadam will be addressing the audience on advanced robotics and automation with the topic centering around “Confluence of IIoT, Mixed Reality, AI and Robotics in Cyber Physical Systems for Factory Automation” making it a perfect fit with the theme of Future Factory.
Use of robotics in the manufacturing sector in India has been steadily growing. Robots have been playing integral roles in some day to day activities like River Cleaning, Construction, car manufacturing, Defence, etc. Indian markets are competing globally for automation is need of the time. As per the current scenario, manufacturing the required components within the country rather than importing them will drastically bring down the costs and promote the whole ‘Make in India’ ideology. Mr Raj Manek, Executive Director and Board Member of Messe Frankfurt Asia Holding Ltd added “As per the World Industrial Robotics Report 2017 by International Federation of Robotics, sale of robots in India increased by 27% in 2016. This is expected to triple by 2020 with a compound annual growth rate of 26%. We are hoping that combined efforts of the Government, the industrial sector and various training institutes, industrial robotics can grow in India steadily and put the country on a fast track to unprecedented progress and development.”
The organisers have also confirmed a line-up of sector experts like Siemens Ltd, BCIL, Pepperl n Fuchs Pvt Ltd, Pilz India Pvt Ltd, Bettinelli Automation Components Pvt Ltd and MurrelektronikPvt Ltd who are on board along with other leading companies like, Micon Automation Systems Pvt Ltd, S.I Systems, Shihlin Electric, Dynotech Instruments Pvt Ltd, Imaginon Tech Ventures Pvt Ltd, Renishaw Metrology, Samwon Tech Co Ltd, Siboni SRL, Trimos India Pvt Ltd, Vero India Software Pvt Ltd and Wika Instruments India Pvt Ltd. Bosch, Oracle and Cisco are also on the advisory board of this exhibition on “Future Factory” pavilion and will be bringing their latest advancements to the fair.
SIS will also host a Live Application Zone organised by BCIL and conceptualised by Smart Industry Solutions India. This zone will provide visitors insights about the opportunities and challenges involved in building a digital supply chain for an enhanced customer experience through live demonstration of high end solutions.
For more information: www.smartindustrysolutionsindi