Guest author: Amol Garbhe | Manager – Sales & Marketing |HBC-radiomatic India Pvt. Ltd.
Over the past few decades India has been the epicenter of consumer demand fuelled by technological advances. With regards to the electronics market, India is one of the largest in the world and is anticipated to reach US$ 400 billion in 2022 from US$ 69.6 billion in 2012. The market is projected to grow at a compound annual growth rate (CAGR) of 24.4 % during 2012-2020. The key Growth drivers are increasing incomes, credit availability and government spending. The demand for electronics hardware in India is projected to increase from an estimated US$ 125 billion in 2014 to US$ 400 billion by 2020. Domestic electronic production accounts for around 45 % of the total market demand.
The electronics manufacturing market in India will be growing day by day in India with “DIGITAL INDIA” program. With the launch of Digital India, the government is taking a big step forward to transform the country into a digitally empowered knowledge economy. The programme includes projects that aim to ensure that government services are available to citizens electronically and people get benefit of the latest information and communication technology.
With “Make in India” initiative started by the Indian government, it is expected that many multinational companies shall start their manufacturing set-ups in India. This will increase the requirement of EOT (Electric Overhead Traveling) cranes in India and in turn, the increasing demand for the radio remote system usage. With an expected rise in infrastructure projects in the coming year, there will be a rise in demand from different industry verticals such as power, engineering, steel etc. along with allied industries. The development of new infrastructure for road, railway, and metro lines across the major Indian cities will certainly boost the growth of the sector. The construction crane segment is yet to develop in this respect and will require more time to accept the radio remote controls for their operations.
HBC-radiomatic, with its headquarters in Crailsheim, Germany, has developed and produced high-quality radio control systems for a wide variety of industrial applications for more than 69 years. With highest quality standards, pioneering innovations and its dedication to meeting the needs of its customers, we set the worldwide standard for radio controls.
HBC radio controls meet the highest levels of safety, operating comfort and cost efficiency. Therefore, they are in demand all around the globe. An international sales and service network with 7 own subsidiaries and 40 experienced partners guarantees their quick worldwide availability. HBC Indian subsidiary office is at Pune in Maharashtra. It’s the city with numerous world-renowned automobile majors like Mercedes, VW, Tata Motors, Mahindra etc.
One crucial factor of HBC’s success is its depth of production on its own premises. As a result, we keep all aspects of quality in control at all times. High-quality materials, state-of-the-art production processes and the knowledge of a highly-qualified staff guarantee products for the highest demands.
Whether controlling industrial and construction cranes, mobile hydraulic applications, winches or cranes for use in forestry, or special machinery, HBC-radiomatic offers a winning response. A major strength of HBC-radiomatic is in the area of special applications. We can help with all applications that require a customized product. After communicating with the customer, we define the specific requirements appropriate to the individual case and then develop a tailor-made solution that works perfectly.
The possibilities are unlimited. Our existing product range allows thousands of alternatives, thanks to the enormous number of features that can be combined in countless ways. Our systems simply leave nothing to be desired. Safety and cost are two aspects that should go hand in hand to ensure success in the long run. In such a highly fragmented market such as India, competitiveness is the key to success.
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