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Indian manufacturers target 2-3x profit growth with Industry 5.0: PwC

Industry 5.0 signifies a shift from prioritising economic value to generating societal value, emphasising overall well-being rather than just welfare.Read more

India's automotive sector can help reach the $1 trillion export goal

As of FY 2023, India leads globally in manufacturing three-wheelers and tractors, ranks second in two-wheelers and buses, and third in passenger vehicles and heavy-duty trucks. Read more

How to build India’s global manufacturing capabilities?

The Indian manufacturing sector stands at a critical juncture, with several opportunities arising from global shifts and local initiatives. But to take advantage of this evolving market, Indian manufacturers have to raise their global competitiveness, says Rakesh Rao.Read more

SME to host webinar on how to make India a global manufacturing powerhouse

The virtual panel discussion, "Can India Build Global Manufacturing Capabilities?", will be held on June 21, 2024 from 3.30 to 5.00 pm and will present ways to enhance Indian manufacturers competitiveness for increasing the country's share in the global trade.Read more

Bizongo boosts AI offerings with acquisition of FactoryPlus

The integration of FactoryPlus into Bizongo's platform will enable the provision of an AI-powered raw material procurement solution for MSMEs.Read more

Yogi Adityanath promotes 'Make in UP' for aviation sector

Several prominent Indian and international companies, including those from the US, have expressed keen interest in establishing their manufacturing and assembly facilities in UP.Read more

India’s pathways to automation in manufacturing

Automation Expo 2023 in Mumbai recently created the opportunity for the companies to demonstrate their automation solutions at the display. Ayushi Khandelwal reports on how Indian companies are taking different paths in enabling the automation on the shop floor grounds of different industries.Read more

54% of the companies have implemented AI for business: PwC India survey

Indian organisations are focusing on personalisation and customer-centric digital transformation solutions while global counterparts are inclined to innovation.Read more

India should look at cross-border collaboration in AI research: Study

Policy planning in artificial intelligence (AI) must be aimed at creating an ecosystem that is supportive of research, innovation and commercialisation of applications, suggests Assocham-PwC StudyRead more

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