The Hindu : Tamil Nadu / Chennai News : India set to supply fluid power systems to developed nations

Online edition of India's National Newspaper
Tuesday, Nov 22, 2005

Tamil Nadu

Tamil Nadu - Chennai

India set to supply fluid power systems to developed nations

Staff Reporter

CHENNAI: India is poised to emerge as a major hub supplying fully integrated fluid power systems to developed countries.

Developed nations such as the U.S. and Germany were considering sourcing their requirements as a result of India's prowess in precision manufacturing and fluid power technology, said organisers of a forthcoming international conference and exhibition here on fluid power technology.

Already "a large number of multinational companies have opened shop in the country," said M. Singaperumal, chairman of the two-day international conference being organised by the Madras chapter of the Fluid Power Society of India from Friday. China lagged behind in terms of supplying the fully integrated systems whereas India had made considerable progress in application of fluid power in a number of critical areas, including aviation and defence.

Participants from Germany, the U.K., Singapore and Italy are scheduled to participate in the conference, which will serve as a forum for exchange of ideas on the latest developments in the field.

One of the highlights of the three-day exhibition, co-sponsored by the Combat Vehicle Research and Development Establishment of the Ministry of Defence, would be the display of the indigenously developed Arjun tank, said M. Rajamanickam, event chairman. Noting that fluid power found application in construction and mining equipment, industrial process equipment and control, steel plants, agricultural machinery, automobile industry, textile machinery and in the field of telecommunications, he said the size of the industry globally was $25 billion with the U.S. being the largest player with a share of $11.5 billion.

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