Product category:
Manufacturing dealerships, agencies and acquisitions
News Release from: Omron Electronics
Edited by the Manufacturingtalk Editorial
Team on 24 February 2006
Automation company moves into India
Omron Corporation, a US$5.5 billion Japanese manufacturer of automation and sensing products, has established Omron Automation PVT, a wholly-owned subsidiary in New Delhi, India.
Omron Corporation, a US$5.5 billion Japanese manufacturer of automation and sensing products, has established Omron Automation PVT (hereafter, OEP-IN), a new, wholly-owned subsidiary in New Delhi, India The move marks the beginning of a full-scale entry to the rapidly growing Indian factory automation (FA) market by Omron's Industrial Automation Business (IAB)
This article was originally published on Manufacturingtalk on 3 May 2007 at 8.00am (UK)
Related stories
Laser profile sensor for easy measurement
Omron, the industrial automation specialist has launched a laser profile sensor which is easy to set-up and use and offers an intuitive user interface and built-in LCD monitor.
Temperature controller connects to HMI or PLC
CelciuXdeg has a ready-made functional graphic object that can be directly loaded onto an HMI for easy integration
The new company will handle the sales and servicing of IAB's control equipment and is scheduled to start operations in April 2006.
Fuelled by the country's dramatic economic expansion, India's FA market is growing rapidly, centered on the automotive industry.
Until now, IAB has serviced its Indian customers through a subsidiary in Singapore, OEP-SG, with representative offices engaged in promotional activities and product servicing in New Delhi, Bangalore and Mumbai.
By establishing a local sales subsidiary with distribution rights, IAB aims to provide a more timely and personalised level of customer support in order to increase its share in this burgeoning market.
Takashi Kitagawa, President of OEP-IN said, "IAB has earmarked India as a market whose growth potential is second only to China, and we are confident that now is exactly the right time to be expanding our operations in the region.
The establishment of this new sales subsidiary reflects our commitment to working more closely with our Indian customers.
OEP-IN will offer a full array of control products including sensors, components, controllers (PLCs, motion controllers, inverters) and networking systems, while our customers will benefit from direct sales, as well as even higher levels of technical support, servicing and speedier delivery." OMRON projects revenues of Yen 1.2 billion from OEP-IN in fiscal year 2006. Request free introductory details about products from Omron Electronics ...
• Omron Electronics: contact details and other news
• Email this article to a colleague
• Register for the free Manufacturingtalk email newsletter
• Manufacturingtalk Home Page
