“Integration of IoT and Smart Technologies Driving Growth”
A key trend driving the programmable automation controller (PAC) market is the integration of IoT and smart technologies. PACs are increasingly adopted in industrial environments to enable seamless communication between devices and systems, supporting real-time data analysis and predictive maintenance. For instance, According to IBEF, the Indian automotive industry set a target to quintuple vehicle exports by 2026. In FY22, India achieved total automobile exports of 5,617,246 units, a notable growth. This expansion is expected to bolster India’s position as a major global player in automotive manufacturing and exports, driving economic growth.
