Weidmueller has expanded its presence in India. Can you brief us about your office in Bengaaluru and the purpose for expansion?
Weidmueller has expanded its presence in India and has opened an office in Bengaluru with approximately 3000 sqft floor area in lieu of its future requirement of space and manpower. Presently, operating with a team of 18 people, which they plan to double in the next 2-3 years, the office will be well equipped to provide support for sales, marketing, training and related services to the Indian market. Future expansion will be on sales and distribution networks at strategic locations, warehousing, value-added solutions with local assembly and local manufacturing in line with the ‘Make in India’ motto.
How are you supporting the Indian manufacturing sector?
Industrial connectivity needs connections. That’s what Weidmueller stands for: performance, competence and reliability. With 4,800 employees, our company supports customers and partners with products, solutions and services in the industrial environment of power, signal and data.
How do you analyse the current scenario of industrial technology in India? What are the future technologies that you are anticipating?
Indian industries have realised the importance of robotics and automation, and are willing to make substantial investments as the cost of skilled labour is rising and production processes are gathering speed without compromising on quality standards. These factors are forcing the Indian manufacturers to consider
industrial robots as a viable option, despite the relatively highcapital costs.
Information and communication technologies are the main driving force behind developments. The company's development objective is to link these technologies sensibly with customers' components and applications, in order to create solutions. Our long-term goal is to design an automation structure which with extremely versatile production facilities responds quickly to customer requirements
What are the major challenges witnessed in the Indian manufacturing sector?
The lack of skilled workforce is one of the major challenges faced in the country by most of the industries. The workforce is usually under-utilised as they are assigned lower-level jobs, which restrict the growth of the employee and employer. Apart from the practical day-to-day challenges due to our complex regulatory procedures, like any other growing industry, we face a challenge to meet the low price expected from the market.
How are the latest developments helping in creating new value for customers?
Individual customer needs are set to increasingly take the centre stage. More varied and more customised models will be available in less time. Tomorrow's automation systems will, therefore, not simply increase their output or become even more efficient (around 150 instead of 100 coffee machines per time unit, for instance), but they will also be manufactured to more customised specifications in a single plant. This would translate into a formidable competitive advantage as part of a more flexible customer orientation.
Which are the major sectors generating demand?
The automation industry is driven currently by the automotive, energy, which includes power generation, transmission & distribution, renewable energy such as solar and wind, and process industry, including chemicals and fertilisers. The other sectors that also use automation to lower variance are the pharmaceutical, food & beverages, water and wastewater, cement, textile, metals, and the mining industry.
Can you brief us on your global market expectations in the 2016-17 term?
We foresee a challenging situation in the global market due to recession in the oil & gas sector, ongoing political and security concerns in many parts of the world and the overall economic scenario. Despite these factors, we are forecasting growth in the 2016-17 term driven by new technologies, enhancing efficiency and smart manufacturing. ☐