India offers opportunities for distributed control

An ARC Advisory Group product story
Edited by the Engineeringtalk editorial team Apr 15, 2004

The distributed control systems market in India is expected to grow at an average annual rate of 9.9% through 2008, according to a new study.

The distributed control systems (DCS) market in India is expected to grow at an average annual rate of 9.9% through 2008, according to the new "DCS outlook for India market analysis and forecast through 2008" by ARC Advisory Group.

Manufacturing industry in India, with its economy emerging as one of the fastest growing, is humming with activity.

The rising consumer demand, which is well supported by large investments in infrastructure projects such as construction, transportation, and manufacturing, is naturally spurring the demand for control systems.

"In 2003, the Indian economy started emerging out of the correction phase.

Companies have begun to invest in creating additional capacity.

India's emergence as a growth market for DCS systems stems from significant investments taking place in process industries.

The expanding demand for a wide range of goods is resulting in investments in green-field projects, production facility expansions, revamps, and project upgrades across a broad spectrum of manufacturing verticals", according to ARC Research Director Larry O'Brien.

All major process industries will contribute to DCS market growth, but the power industry is, and will continue to be, the biggest user of DCSs as the country expands its generating capacity to meet the increasing needs of manufacturing and residential power.

More investments in the power sector essentially means that the Indian manufacturing industry can look forward to the removal of one of the major hurdles to its growth and that of the Indian economy.

State owned enterprises will continue to make the bulk of new power project investments.

According to industry sources, at least $20 billion will be invested in the next 5 years to generate an additional 20,000MW of power.

This is in addition to the investments contemplated in the renovation of existing power plants.

China and India adopted different strategies to set in motion the cycle of disposable incomes, demand fulfilment, capital formation, and growth.

China successfully created their initial affluence through the traditional route of development through manufacturing.

India succeeded in generating wealth through new economy industries and services, a development path that has not been traversed before.

Foreign investment, which spurred further capital formation in the manufacturing industry in China, is also beginning to happen in India.

In 2003, India attracted around $4.5 billion in foreign direct investments.

It is a modest beginning, but the trend bodes well for the Indian economy and its manufacturing activity.

DCS suppliers can look forward to the growth of the Indian market on a sustainable long-term basis.

The decision to create production facilities in India is an integral part of global manufacturers' strategic considerations to disperse their production centres driven by logistics and other considerations.

They are a link in the chain of production centres set up to improve corporate performance.

ARC's business performance improvement concept is operational excellence (OpX).

The OpX concept is valuable for conveying a clear and intuitive understanding of the business improvement processes.

Operational excellence in a process plant environment translates to production management and process control.

OpX embraces two fundamental processes - improvement and control.

Improvement is an offline process that uses tools such as six sigma to identify weaknesses compromising performance.

The second process, control, essentially is the control strategy and execution for the plant and is the heart of OpX.

Control also has two levels, a supervisory level and an execution level.

These levels, in terms of their automation counterparts, are production management and process control, respectively.

Send to a friend Send to a friend
Print this page Print this page
Bookmark this page Bookmark this page

Not what you're looking for? Search the site.

Back to top Back to top

Google Ads

 

Contact ARC Advisory Group

Contact ARC Advisory Group

Company profile and news

Related Stories

Contact ARC Advisory Group

 

Newsletter sign up

Request your free weekly copy of the Engineeringtalk email newsletter ...

Sign up now Sign up now

Articles by product category

All suppliers A - Z

A Pro-talk Publication

A Pro-talk publication