It’s fair to say that the last year was not easy for anyone in India, but here at Inovance Technology India we’ve benefited from an incredible effort on the part of our staff who have kept our company going. Our teams have worked incredibly hard to ensure operations have run smoothly.
Their recent achievements have included getting our Chennai HQ certified ISO 9001 by TUV SUD. While, like everyone, our business has struggled in the pandemic, we have been aided by the wide breadth of our industrial automation portfolio – which extends from AC drives to PLCs, and also includes a range of industry specific products.
Such breadth has enabled us to focus on specific industry verticals such as plastic injection molding machines. To take this segment as an example, Inovance offers the IS580 – a dedicated servo drive for energy saving servo pumps in plastic injection molding machines, as well as the ISMG high response servo motor, which is also designed specifically for plastic injection molding machinery.
Growth in industrial automation is a global trend – and India is along for the ride Despite severe troubles in the short run, in the long run, we see a future of global growth in industrial automation. Many manufacturers have sped up their existing automation plans in order to accommodate the likely ongoing need for social distancing. And, once they have implemented automation, they will see the long term benefits and will not be returning to their old labour-intensive ways. For us at Inovance Technology India, when this is over, we expect strong growth in the Indian market for all sectors of industrial automation, even including more sophisticated kit, such as the IS810 multi-axes servo drive platform, which offers maximum performance in the most demanding applications, and is newly launched on the Indian market. IS810N is a modular, scalable servo drive platform designed for the most complex and demanding multi-axes applications.
Supply chain resilience has a new resonance
The pandemic is changing attitudes toward supply chains: and supply chain managers are starting to think as much about resilience as they are about efficiency. The implication of this is that there will be a major boost for the concept of ‘Make in India’, and I see a likelihood of significant growth in Indian domestic manufacturing – and therefore of Indian OEMs also – as a result.
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