Frost & Sullivan’s Industrial Automation & Process Control (IPC) Practice successfully hosted its Industrial Technologies Summit titled “Enhancing Manufacturing Competitiveness: Reality of Adopting Global Trends and Technologies in the Indian Context” at Mumbai. In the Summit sidelines, the best companies in industrial technologies were felicitated for their outstanding performance, customer value, customer service and market share leadership at the “2014 Excellence in Industrial Technologies Awards, India”.
Manufacturing sector growth is key to sustained economic growth as it is not just dependent on demand and investments but on solutions and technologies that could enhance operational excellence of a manufacturing facility. So far, in India, the rate of technology adoption has not been uniform due to lack of awareness and cost concerns. In the current context, with renewed industry confidence and a new, stable Government at the Center, the country’s manufacturing prospects and economic growth is expected to get a major boost. With concerted efforts by solution providers, end users have gradually realized the advantages of adopting right products and solutions in order to be competitive in today’s global economy. However, this change may not be fully visible in the short term, but it is important to identify these proactively and engage with end users to have a first mover advantage.
In this edition of the Summit, Frost & Sullivan sought answers on what is required for India to become a global manufacturing powerhouse. The Summit also discussed the need to leverage innovative technologies and best-in-class solutions to address evolving challenges and better prepare for tomorrow. Many ideas, best practices, and success stories about implementing state-of-the-art technologies and solutions were showcased.
On the occasion, Niju V., Director, Automation & Electronics, Frost & Sullivan said, “Most developed and industrialized economies are focusing on the fourth industrial revolution targeting establishment of smart factories, but Indian manufacturers are lagging behind and are trying to catch up. Considering the progress and the generation leaps that India has achieved in sectors like telecom and information technology, Frost & Sullivan strongly believes that the Indian manufacturing sector has the potential to leap ahead of other leading manufacturing economies and emerge as a global manufacturing powerhouse.”
Mr. B.R. Mehta, Senior Vice President, Reliance Industries Limited, who was the Chief Guest at the Summit, highlighted the changing practices and global trends that the manufacturing sector has to imbibe in order to remain relevant in this ever-changing world. Following Mr. Mehta’s address, other esteemed speakers highlighted some of the key challenges faced by Indian manufacturers and deliberated on ways and means of addressing them. The Summit witnessed participation of solution providers and solution adopters, who collectively deliberated on the key steps.
CLPA India and Mitsubishi Electric supported the Summit as Vision Partners; Siemens and Yaskawa were the Knowledge Partners; and A&D India, Automation Excellence.com, Manufacturing Today, Modern Manufacturing India, and Process India were the Media Partners.
Post the Summit, leading companies across different product and solution spaces were felicitated for their best practices in enhancing overall customer value addition at the “2014 Excellence in Industrial Technologies Awards, India”.
Frost & Sullivan’s “2014 Excellence in Industrial Technologies Awards, India” recipients are:
| Award Title | Award Recipient |
| Customer Value Leadership in Vision Inspection Systems for Pharmaceutical Industry | ACG Inspection Systems Private Limited |
| Market Share Leadership in Vision Sensors | Cognex Sensors India Pvt. Ltd. |
| Customer Value Leadership in Centrifugal Pumps | C.R.I. Pumps Private Limited |
| Customer Value Leadership in PLM - Systems Integrators | EDS Technologies Pvt. Ltd. |
| Customer Value Leadership in Positive Displacement Compressors | ELGI Equipments Ltd. |
| Customer Value Leadership in Process Transmitters - Pressure Transmitters | Emerson Process Management |
| Customer Value Leadership in Process Transmitters - Process Level Instrumentation | Endress+Hauser (India) Pvt. Ltd. |
| Company of the Year in Flowmeters | Endress+Hauser (India) Pvt. Ltd. |
| Customer Value Leadership in Robotics | Fanuc India Private Limited |
| Company of the Year in Diesel Engine Driven Pumpsets | Kirloskar Oil Engines Limited |
| Customer Value Leadership in Electrical Discharge Machining | MC Craftsman Machinery Private Limited, Subsidiary of Mitsubishi Corporation, Japan |
| Customer Value Leadership in Gearboxes and Geared Motors | NORD Drivesystems Pvt. Ltd. |
| Customer Value Leadership in Manufacturing Execution Systems Market | SAP India Pvt. Ltd. |
| Customer Service Leadership in Manufacturing Execution Systems Market – Systems Integrators | Sarla Technologies Pvt. Ltd. |
| Company of the Year in Servo Systems for Production Machines | Siemens Ltd. |
| Customer Service Leadership in Industrial Valves | Weir BDK Valves - A Unit of Weir India Private Limited |
| Customer Value Leadership in Control Systems | Yokogawa India Limited |
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