BRICS–States–Boom Challenges the International Valves and Fittings Industry

Related Vendors

TURCK GmbH

TRM Filter d.o.o.

Angst+Pfister AG

Messe Düsseldorf Asia Pte. Ltd.

Messe Düsseldorf GmbH

India is also on the map as an important buyer of valves: Samson India opened a plant in Ranjangaon, in the Indian state of Maharashtra. Approximately €3.5 million were invested in the plant covering an area of 18,000 sq mt, in order to optimally serve the Indian market. The plant will produce adjustment valves and actuators, as well as differential pressure gauges. Here, the products are focused on the chemical and petrochemical industry.

Exchanging Experiences with Partners from BRICS States

For many companies, India still remains uncharted waters. They need to know what the market can offer and what one needs to pay heed to. Indian subsidiaries of German manufacturers posed and answered such questions during a ‘Management Meeting’ in Pune. Organised by the VDMA‘s liaison office, the meeting is supposed to become a regular one where valve makers engaging with the Indian market can exchange their experiences. Nothing is to be left to chance.

Meanwhile, threshold nations are turning things the other way around and are entering foreign markets with their components. Chinese companies for instance supplied the Sudanese oil sector with special valves. In sum, the BRICS countries offer great opportunity and should not be seen as a threat—as a lot of companies have found out.

* First published in PROCESS India, October 2013.

(ID:42480314)