If India has to be one of the top brands in the globe then smart manufacturing and digitisation is the way forward. This is recently been observed by industry representatives at the National Business Excellence Conclave 2016 and KN Shenoy Oration, organised by CII Institute of Quality in Chennai.
According to Kamal Bali, Managing Director, Volvo India, “Digitisation and smart manufacturing is in focus now and India needs to gear up to it. We need digital technology to be more competitive, faster to market and improve quality. This will build brand India.”
Sunil Mathur, Managing Director, Siemens India, said: “Manufacturing continues to evolve and it has become much more complex as customers have become much more demanding and discerning. Today there are Indian manufacturers capable of competing on a global scale, but unfortunately for us, they are too few. With 1.3 billion people, a workforce of around 500 million and a young intelligent population, India has it all. Yet somehow we are not seen as a country of manufacturers.”
He said that if manufacturing moved out of the cities and into the towns, it would revolutionise the economy of the country. “Today manufacturing contributes around $300 billion to India’s two trillion economy. The target is to increase the contribution of manufacturing to a trillion dollars by 2025.”
By Atanu Kumar Das