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US-giant Rockwell Automation looks at India expansion with more factories
Industry News- May 09,24
The industrial automation equipment maker, which completed 40 years in India in 2023, counts many manufacturing giants, including Reliance Industries, Mahindra Group and MRF, as its customers.
Rockwell Automation is mulling expanding its technology workforce and opening more factories to boost manufacturing in India, a senior executive stated, days after unveiling plans to construct a plant in the southern state of Tamil Nadu.
The industrial automation equipment maker, which completed 40 years in India in 2023, counts many manufacturing giants, including Reliance Industries, Mahindra Group and MRF, as its customers.
"We see India as a technology hub for our current and future product development, hardware and software", commented Scott Wooldridge, President, Rockwell Asia Pacific Regional.
Rockwell, currently employs 4,500 people and has a majority of its Indian tech workers in Noida, Pune and Bengaluru. It also has plans to sharpen focus on hardware and software product development by hiring more people for its technology centres.
"We'd continue to expand at a similar rate to what we've expanded the last five or six years, where we went from 500 to 3500", said Wooldridge.
Rockwell's plan surfaces at a time when several of the Indian IT majors are going slow on hiring, as clients are cutting back spending and deferring projects due to macroeconomic challenges.
Last week, Rockwell, which has products that are deployed in a range of manufacturing sectors including tyre-making machines and vaccine production lines, said it would open a factory in the city of Chennai in the southern state of Tamil Nadu.
Rockwell has plans to open more factories in India, which is benefiting from global manufacturers vying to expand their production footprint beyond China.
"We see the Chennai plant as a start of a manufacturing campus strategy .We are looking for the opportunity to build more manufacturing capacity and move more products to India", concluded Woolridge.
(Sources: Business Standard and Reuters)
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