The Indian real estate market is greatly impacted by the existence of automation companies. Large office spaces and facilities for research and development are sometimes required by these enterprises. They also attract highly skilled professionals, which raises the demand for city dwellings. The primary reason for this is because the company's growth in India has coincided with the country's real estate industry, resulting in a rapid rise in population. Numerous business buildings and housing complexes have been constructed across the city in recent years. This increase is a result of automation companies' and their employees' growing need for space. Information on several Indian automation firms may be found in this page.
The Indian business landscape
The Indian corporate climate is evolving due to a number of factors, including as political reorganisation, technological advancement, and economic development. India is among the several developing nations whose middle classes have grown rapidly. Businesses in a number of sectors, including consumer goods, healthcare, education, and technology, have found it to be an opening gate. In India today, cell phones are quite common. As a result, the nation's digital economy is expanding significantly. This is creating chances for digital, financial, and e-commerce businesses.
Top automation companies in India
General Electric
· Industry- Industrial
· Sub-industry- Power, renewable energy, and aerospace
· Company type- Public
· Location- Bandra, Mumbai, Maharashtra 400050
· Founding date- 1892
The Company is a massive enterprise that employs over 170,000 people and conducts business in more than 100 nations globally. The Company has a long history of inventions, and its goods and services are still used in today's globe. Power generation and transmission technologies are dominated by GE Power. The company provides services to a range of customers, including as utilities, industrial companies, and independent power producers.
Rockwell Automation
· Industry- Industrial automation and digital transformation
· Sub-industry- Industrial automation
· Company type- Public Company
· Location- Navi Mumbai, Maharashtra 400710
· Founding date- 1903
Rockwell Automation is one of the top providers of digital transformation and industrial automation solutions. Customers can use the company's products and services to boost their output and efficiency in a variety of industries, such as manufacturing goods, food and beverage production, oil and gas production, and healthcare. Rockwell Automation is committed to helping customers reach their digital transformation goals.
Schneider Electric
· Industry- Energy and automation
· Sub-industry- Electrical equipment and electronics
· Company type- Public Company
· Location- Powai, Mumbai, Maharashtra 400072
· Founding date- 1836
Schneider Electric is a global leader in the automation and digital energy management space. We provide full solutions for smart homes, workplaces, data centres, infrastructure, and industries leveraging real-time robotics, various energy technologies, software, services, and premium hardware and software. Our goal is to provide everyone with energy that is secure, dependable, effective, long-lasting, and productive.
Larsen and Toubro
· Industry- Engineering and Construction
· Sub-industry- Construction, infrastructure, manufacturing technology
· Company type- Public limited
· Location- Pascal Wadi, Madh, Mumbai, Maharashtra 400061
· Founding date- 1946
Mumbai serves as the corporate headquarters of the Indian multinational corporation Larsen & Toubro Limited (L& T). This is one of India's most well-known private companies. This company is actively engaged in a number of engineering and construction-related business fields, including manufacturing, technological development, information technologies, and financial services, to name just a few.
Titan Engineering and Automation
· Industry- Engineering and Automation
· Sub-industry- Industrial automation, robotics and automation, process automation
· Company type- Privately held
· Location- Kurla West, Mumbai, Maharashtra
· Founding date- 2015
Titan Engineering and Automation provides robotic and automated solutions for a range of uses, such as welding, painting, and assembly. It also provides automation of process solutions for several sectors, including chemicals, electricity, and oil and gas.
Honeywell Automation
· Industry- Automation
· Sub-industry- Industrial and process automation
· Company type- Publicly traded
· Location- Andheri East, Mumbai, Maharashtra 400059
· Founding date- 1984
Honeywell Automation is a global leader in industrial automation and process automation. The Company provides a range of products and services to help clients improve their efficacy, efficiency, and safety. Manufacturing, gas and oil, electric power generation, and building management are among the industries that use Honeywell Automation's products and services.
Falcon Autotech
· Industry- Automotive
· Sub-industry- Auto parts and components
· Company type- Private limited
· Location- Kalasipalya, Bengaluru, Karnataka 560002
· Founding date- 2010
Falcon Autotech is the leading manufacturer of car parts and components in India. Among the numerous customers of the company are secondary merchants, tier 1 suppliers, and original equipment manufacturers (OEMs). Engine, gearbox, and brake parts are some of the products that Falcon Autotech manufactures.
ABB India
· Industry- Electrical and electronics
· Sub-industry- Power technology, automation, robotics
· Company type- Public Company
· Location- Peenya, Bengaluru, Karnataka 560058
· Founding date- 1949
The Company is well-established in India's electricity, utilities, industrial, and transportation sectors, having operated there for more than 70 years. The company employs around 10,000 people across 22 production facilities in India. More than a hundred nations receive exports from ABB India.
Johnson Controls
· Industry- Technology
· Sub-industry- Building products and services
· Company type- Public Company
· Location- Kanjurmarg East, Mumbai, Maharashtra 400042
· Founding date- 1885
Serving a diverse clientele in more than 150 countries, Johnson Controls is a leader in several sectors and varied technology. The Company wants to create intelligent buildings, efficient energy solutions, integrated infrastructure, and next-generation mobility in order to realise the potential of smart towns and cities.
Siemens India
· Industry- Conglomerate
· Sub-industry- Automation and digitalisation, infrastructure, energy, healthcare
· Company type- Public
· Location- Wadala (w), Mumbai, Maharashtra 400031
· Founding date- 1922
Siemens India is a subsidiary of Siemens AG, a global corporation based in Germany. In India, it dominates the markets for digitalization, automation, healthcare, energy, and infrastructure. Innovative technology has a long history at Siemens India. It has been essential to the development of India's infrastructure and industries.
Demand for commercial real estate in India
Office space: Automation companies frequently require sizable workspaces that prioritise open floor plans and cooperative work environments. This is due to the fact that automation companies usually employ large teams of engineers and other professionals who need to work effectively together.
Rental property: Automation companies usually lease office space rather than buy it. This gives them the flexibility to expand or contract as needed. It also helps companies to avoid paying the upfront costs associated with buying real estate.
Impact: The growing demand from automation companies for office space is good for the Indian commercial real estate market. It is driving up occupancy rates and prices in major office areas. It is also promoting the building of new commercial premises and the renovation of existing ones in order to meet the demands of automated firms.
Automation businesses' effects in India
India’s economy is growing because automation companies increase productivity and efficiency. There are also more jobs being added in the engineering, maintenance, and creative sectors. India's automation sector is attracting investment from throughout the world. This encourages job development and economic progress. Automation companies are driving innovation in India. The innovative automation technologies and solutions they are developing are being used by many industries.
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