Rockwell sees potential in emerging markets

Amit Mitra Hyderabad Aug 16 | Updated on August 16, 2011 Published on August 16, 2011

Rockwell   -  Business Line

Industrial automation solutions provider Rockwell said it expects 60 per cent of its global revenues to flow from non-US markets, especially the emerging markets, by 2013-14.

“We are focussed on the biggest emerging markets such as India, China and Southeast Asia. There is a rapid growth in manufacturing and process sectors in these markets, where our products would fit well,” Mr Robert Ruff, President Asia Pacific, told media persons on the sidelines of a function here.

The US-based company, which derives 22 per cent of its global revenues from the Asia-Pacific region, has major plans for India. It plans to put in some investments in the R&D sector and expand its tie-up with partners and universities.

“India has good potential in the industrial automation market and growth is expected to be in multiples of GDP,” Mr Ruff said. The company, which has a R&D centre at Bangalore, plans to set up two experience centres in the South, where the entire range of its products would be showcased.

Published on August 16, 2011
This article is closed for comments.
Please Email the Editor