Adding Value to MAKE IN INDIA Initiative
industrial business MART|November 2016

Mr. Sameer Gandhi, Managing Director, Omron Industrial Automation in conversation with MART talks about how Omron envisions themselves as the enablers to the ‘Make in India’ initiative.

Adding Value to MAKE IN INDIA Initiative

India’s manufacturing sector is on a high growth trajectory. And if implemented to its potential, the ‘Make in India’ initiative will further transform the Indian economy for the better, developing India into a strong manufacturing destination in this century. How is Omron Automation Pvt Ltd gearing up to play a proactive role in the automation industry?

Make in India initiative certainly has the potential to transform the Indian economy for better. I believe Indian manufacturers can only make the most of ‘Make in India’ by establishing manufacturing facilities which are world class. It is imperative to attain global standards to cater to the domestic and global market effectively. For this, the manufacturers need to invest more in terms of automation and the latest equipment and technologies.

Omron doves tails here. We envision ourselves as the enablers to the ‘Make in India’ mission. As mentioned above, any manufacturing setup in India has to be of world-class and it has to produce global products and that is possible only if the manufacturer has world-class automation. Omron has a strong portfolio of products and solutions - whether it is PLCs, safety equipment, advanced sensors, robots or servos and drives. Coupled with our prowess in ‘Sensing & Control + Think’ technologies, experience and expansive reach, we can provide end-to-end automation solutions to any facility in the discrete manufacturing arena. This is the value we aim to add in terms of ‘Make in India’.

Albeit manufacturing sector’s rapid growth, we remain grossly under invested in the field of manufacturing automation. What is your opinion?

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM INDUSTRIAL BUSINESS MARTView all
Go Green
industrial business MART

Go Green

Environment depletion has been a serious concern for the world since past many years. In response to that, many organisations have taken several initiatives with the intension to deter the further damage to the environment. In our CSR column, we present to you the initiatives taken by Bill Forge and Tesco in the field.

time-read
2 mins  |
December 2016
Success: It Needs You
industrial business MART

Success: It Needs You

Road to success has never been so easy. One is bound to encounter ups and downs in this journey. Hard work, consistency, discipline are some of the factors that need to be practiced religiously in order to achieve success.

time-read
5 mins  |
January 2017
Rewrite Your Story
industrial business MART

Rewrite Your Story

“She is free in her wildness; she is a wanderess, a drop of free water. She knows nothing of borders and cares nothing for rules or customs. ‘Time’ for her isn’t something to fight against. Her life flows clean, with passion, like fresh water.” – Roman Payne

time-read
4 mins  |
March 2017
CSR for Women Empowerment
industrial business MART

CSR for Women Empowerment

Multitasking is the middle name of women and donning multiple roles comes naturally to them. Women with their spirit, strength and sensitivity are undoubtedly the backbone of any society. The competence shown in discharging their duties, care and compassion displayed in taking care of the family are the two sides of the same precious coin ‘ the woman’.

time-read
4 mins  |
March 2017
Visionary Budget, Vibrant Manufacturing!
industrial business MART

Visionary Budget, Vibrant Manufacturing!

The clarion of ‘Make in India’ laid the foundation for growth in Manufacturing. The sector has witnessed increased inflow of FDI since then; the sector is expecting more conducive tax structure and ‘Ease of Doing Business’ with the roll out of GST soon. Meanwhile, as a catalyst, the Union Budget 2017 has features in store for the manufacturing sector to provide it right impetus for continuous growth.

time-read
6 mins  |
February 2017
Government Initiatives for Better India
industrial business MART

Government Initiatives for Better India

THOUGHTFUL, is one word which can be used to describe budget 2017. Aftermath of demonetization and subsequent cash crunch in the system lead to slow down in the economy, manufacturing sector also slowed down, quarterly result of companies were affected (with few exceptions). Finance Minister has tried to curb demonetization effect in this budget.

time-read
3 mins  |
February 2017
Electric Revolution: JBM Solaris Ecolife 9m
industrial business MART

Electric Revolution: JBM Solaris Ecolife 9m

Electric Buses have overcome the ‘under development’ phase and have hit the market for practical use. Joining the diverse fleet of buses on road is the Ecolife 9 Electric bus by JBM, with promising features and a futuristic approach. Proclaimed to be emission-free and handy to the user, the bus guarantees a low operation cost.

time-read
3 mins  |
December 2016
Managing Inventory for Better Operational Efficiency
industrial business MART

Managing Inventory for Better Operational Efficiency

Inventory in manufacturing or production unit has both advantages and disadvantages for different departments. While Inventory has been shown as a burden on OPEX due to maintenance cost by some, some attribute virtues to Inventory as it offers better customer service by variety of choices, availability and low handling cost etc. While the excess or shortage of Inventory has definitely negative impact on business, a proper management of it can help in operational efficiency and better customer service

time-read
4 mins  |
December 2016
Patience & Passion Equals SWAYAM
industrial business MART

Patience & Passion Equals SWAYAM

How often does it happen that people hold on to their dreams till they have achieved it, enduring all the ups and downs? Well, here is a story of patience and passion that inspires us on many levels. One project, eight years and participation of more than 250 students! SWAYAM has earned it all and so have the minds behind it.

time-read
3 mins  |
December 2016
Age of Artificial Intelligence
industrial business MART

Age of Artificial Intelligence

It’s hard to know what to think about Artificial Intelligence these days. Almost everyone in the industry believes it to be a revolution as deep and as fundamental as the industrial revolution or the birth of the computer. Yet the field seems divided over when we will get to general intelligence and what that will ultimately mean for us. Some believe it will be our greatest invention yet and others that it may lead to our doom.

time-read
8 mins  |
February 2017