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Advancements in AI will give a boost to economic growth

With the government aiming to increase the contribution of manufacturing sector in the GDP to 25% by 2020, smart manufacturing and digitalisation are expected to play an indispensable role in changing the dynamics of industrial manufacturing. Emerging technologies such as drones, RFID (radio frequency identification), driverless vehicles, IoT and artificial intelligence will greatly transform the logistics and transport industry in the coming years, says Gautam Pande, Vice President (Operations)Read more

Dover Fueling opens manufacturing centre near Mumbai

Dover Fueling Solutions (DFS) - the US-based Dover company that delivers advanced fuel dispensing equipment, electronic systems and payment, fleet systems, automatic tank gauging and wetstock management - has opened its manufacturing plant in Navi Mumbai, Maharashtra. The state-of-the-art facility demonstrates the DFS culture of continuous improvement, lean manufacturing, health and safety, quality and customer focus. Read more

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

Design is like oxygen for manufacturing

While the design investment may be miniscule as compared to the money at stake for product development, but the role of design is significant in the success at the supply chain and consumer level.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

Robotics: A handy tool in India’s manufacturing 2020 mission

By 2020, robotics growth will accelerate the talent race in the world, leaving 35% of robotics-related jobs vacant while the average salary increases by at least 60%.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

Manufacturing for Industry 4.0

At 27%, India stands slightly behind the global average of 33% in terms of level of digitisation encapsulated within its economy. Vijay Wadhwan believes that India has the potential to become the digital factory of the world by being at the forefront of change and adoption of the global digital revolution. 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

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