February 2009

Trends and Resources

HP Impact: HPImpact: Robust growth for India's DCS market forecast to continue

Process manufacturing industries are core to the development of India's economy, and there is no let up seen in efforts to advance grassroots projects or expansions that are underway. Newer projects a..

Weirauch, Wendy, Hydrocarbon Processing Staff

Process manufacturing industries are core to the development of India's economy, and there is no let up seen in efforts to advance grassroots projects or expansions that are underway. Newer projects across verticals also continue to be announced. A new analysis from ARC Advisory Group forecasts that India's growth story will continue over the long term, resulting in a robust distributed control system (DCS) market outlook over the next five years. The Indian economy—among the world's fastest growing—is relatively less affected by the global financial turmoil than in many other countries. However, while the overall market fundamentals remain strong and will continue to grow, odds

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