Chandigarh, 18 September (Trinew)
The country’s manufacturing sector will have to develop on the lines of China. At present, the exports of India’s pharmaceutical, auto, consumer packaging, chemical tires or machine builders sectors are increasing. Among the 13 countries in the eighth edition of the Global State of Smart Manufacturing (survey), Indian manufacturers have shown the most interest in lower costs and better production in the field of production. China was also included in this survey. At Rockwell Automation’s Smart Manufacturing FMCG Summit 2023, the world’s largest company dedicated to industrial automation and digital transformation, the company’s MD Dilip Sahni said that 35 percent of spending on digital transformation is needed to make manufacturing more productive and efficient in the country. is being done.
In a special conversation after the conference held in Chandigarh, Sahni said that it is necessary to take the small and medium industries along equally in order to advance the development of the 5 trillion economy of the Government of India. It is important to advise them that the product should be prepared according to the market demand and not according to their own machinery. According to him, the cost of the product is low and its use is fast, so this time is needed. He said that there is no lack of industries in India but there is a need for the right advice at the right time. He said that now the business model has changed. China has revolutionized the field of production by following this path. India also needs such a change. Now the network between the producer and the consumer is no longer as before, but the era of e-commerce. Dilip Sahni, MD of a company that works on how to improve industries, how to reduce costs, what is the market demand, said that in such a situation digital solutions are needed rather than traditional solutions.
Referring to Rockwell Automation’s 8th annual “State of Smart Manufacturing Report,” Sahni said India has the highest number of manufacturing organizations investing in technology. The study surveyed more than 1,350 manufacturers in 13 major manufacturing countries, including India, China, Germany, Japan, the US and the UK. Its report found that digital transformation is being adopted to make manufacturing more productive and efficient, especially in India. Manufacturers in India are investing 35% of their operating budget in technology investment, which is much higher than globally.