We are headed for exciting times
Food processing, packaging, bottling, etc have been your strengths. How have these sectors grown over the past two years? I think in the last two years, we have seen steady growth in these sectors, at least from Omron’s point of view. We have had double-digit growth in this period. The way we see it, this will continue in a stronger fashion as “Make in India kicks. Right now, the impact of this national mission has yet to kick in. Once the impact seeps in, the growth rate will definitely increase. As we see it, despite all the efficiency that it brings in, automation could still be an “optional subject” for the manufacturing industry. Do you see any shift in perception? Are manufacturing consciously opting for factory automation? Firstly, I don’t believe that automation is any longer an “optional subject.” Most of the users are also coming around to the same point. You can decide to have a fully mechanical machine today and gradually automate it. However, this is not the usual practice. Most users realize this as well. Yes, there will be old (legacy) machines; some of them are getting retrofitted also. In general, the acceptability of automation is now very well established. Apart from your strong and traditional areas, are there new sectors coming up for Omron’s automation solutions? Other than F&B, FMCG that you mentioned, we are also strong in pharmaceuticals. We are also active in automotive. These are our strong areas. The other emerging sector for us in India is “digital that will include smart phones, etc. We are looking at this sector very actively.