The global industrial automation market is projected to be worth $326.14 billion by 2027, growing at a CAGR of 8.9% in the forecast period. While this surge in the growth rate has been triggered by the COVID-19 pandemic, it is amply clear that factories will not be the same again. LTTS’ Executive Vice President, Vinay Bhanot tells us how to vitalize digital transformation in this Control Engineering article.
About L&T Technology Services Ltd
L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 51 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Headquartered in India, we have over 16,700 employees spread across 17 global design centers, 28 global sales offices and 49 innovation labs as of September 30, 2019.