Financial Daily from THE HINDU group of publications Thursday, Jun 24, 2004 |
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Industry & Economy
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Industry Associations Automation sector forms association Our Bureau
(From left) Mr Ravi Uppal, Vice-Chairman & MD, ABB India, Mr Vinayak Deshpande, MD, Tata Honeywell Ltd, and Mr Noriaki Hirose, MD, Yokogawa India Ltd, at the launch of the Automation Industry Association in Mumbai on Wednesday. Paul Noronha
Mumbai , June 23 EIGHT leading industrial automation players accounting for 80 per cent of the market, announced today the formation of the Automation Industry Association (AIA) with its primary aim being to increase knowledge and awareness levels about the sector. "AIA's primary aim will be to increase knowledge and awareness levels when it comes to cutting edge automation technologies and help Indian industry leverage these for greater productivity, efficiency, quality and consistency - the key to global competitiveness," Mr Ravi Uppal, Vice-Chairman & Managing Director, ABB India, who has been appointed the Hon President of AIA, said. The association's Hon Vice-President is Mr Andreas Herrmann, EVP & Head (Automation & Drives Division), Siemens India while its steering committee includes Mr Vinayak Deshpande, Managing Director, Tata Honeywell Ltd, Mr J.P. Singh, Chief Executive (Electronics Sector II), L&T, Mr Ranjan De, Managing Director, Rockwell Automation India Ltd, Mr Noriaki Hirose, Managing Director, Yokogawa India Ltd, Mr Pradipta Sen, President & Managing Director, Emerson Process Management (India) Pvt Ltd and Mr Rakesh Gada, Managing Director, Invensys India. At a press conference, AIA officials said the association intends to have academic interaction with institutions such as IIT, IISc and CSIR. It will also take up the issue of appropriate standards for the sector with government. India's automation market is currently estimated at Rs 3,000 crore. It is growing at 10 per cent CAGR.
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