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The Indian market for low-voltage drives is forecast to grow at approximate CAGR of 3 per cent
Founded in 1915, Yaskawa is one of world’s largest manufacturers of motion control products for industrial automation and OEMs. Yaskawa’s journey in India began with the business of PLC in1980 and AC drives in 1990 and steadily expanded to accommodate growing customer needs. Yaskawa India addresses innovation in drives and motion control and robotics automation. Arjun Gopal, Senior Manager, Key Account Development – HVAC, Water & Textile Business, Yaskawa India discusses the requirement of textile industry with respect to drives and motors and the latest innovations in this field.
India to accelerate $ 200 billion smart cities projects
When the 60 winning cities (with proposals worth over Rs 1.31 lakh crore) become smart, it is expected to positively impact the lives of 72 crore urban population. While Rs 1.05 lakh crore will be spent on area-based development plans, Rs 26,141 crore will be spent on pan-city solutions in the next five years.
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