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Technology will drive the manufacturing sector of tomorrow
Indian industries have always been the late adopters of technologies. However, if India aims to become a manufacturing hub of the world, it will have to embrace advanced technologies and systems. This, Vikas Khanvelkar, Managing Director of DesignTech Systems Ltd, believes will increase the country’s efficiency, productivity and cost effectiveness.Read more
India needs to create its own smart-manufacturing ecosystem
Though adoption of Industry 4.0 offers significant strategic advantage to the manufacturing sector, it does not offer a one-size-fits-all solution.Read more
India can be one of the top 3 manufacturing destinations by 2020
The manufacturing sector has the potential to grow six-fold by 2025 up to $ 1 trillion, creating up to 90 million jobs.Read more
India must knock manufacturing out of the park
It is never easy to predict the future, but manufacturing has the potential to emerge as one of India’s high-growth sectors in the next few years. The sector grew at a CAGR of 7.32% between FY12 and FY17, and despite a brief period of disruption following the introduction of the Goods and Services Tax (GST) in July, is rapidly recovering.Read more
SMEs: Riding the digital wave for prosperity
The manufacturing sector in India has the potential to become a trillion dollar industry by 2020. With the support of the government initiatives such as Make in India & Digital India and the innovation in technology, SMEs have a great prospect to cash-in on the opportunity, says Umesh Modi.Read more
