siliconindia | | JULY 20228In FocusABB BETS ON DIGITALISATION INITIATIVES OF INDIAN COMPANIESABB, the Zurich-headquartered technology and industrial automation giant, is placing its bets on the digitalisation initiatives of Indian companies that are now embracing technology to garner a competitive edge. Further, a significant portion of its global digitalisation initiatives are now being driven from its Bengaluru centre, turning India into a digital hub for the Swiss firm.Manufacturing sector companies in India, which were not among the early adopters of technology, unlike banking and retail, are the ones ABB is looking to "empower". These would be conventional manufacturing companies such as cement, steel, pulp & paper, and traditional infrastructure firms like mining, metals and food & beverages (F&B) companies."India is a fantastic market when it comes to digitalisation, because the interest here is clearly above average. You can tell it's a society which has a clearly above-average ratio of engineering graduates. I think it's a country which is much more open to scientific process. And specifically, a lot of Indian customers were piloting some of our latest digital products," Joachim Braun, division president (process industries) at ABB Group, said.Process industries are part of ABB's process automation (PA) business. As per its annual report for 2021 (it follows BY SI TEAM
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