Is India ready yet for industry 4.0?

Is India ready yet for industry 4.0?

May 19’ – To start with a positive Stat, India’s export in recent times have shown positive growth to 8.85% from 2018-19 reaching around $300bn. India has gained global exposure with enormous growth in the scale of import and exports (value touching $800bn). The scale of industrial operation has been rapidly growing in this country with better employment opportunities. India though being a developing country, nothing has stopped it technologically growing and keep up in pace with rest of the world.   It is obvious that due to globalization, India’s manufacturing capabilities have…Read more »

Need of the Hour !! – Overall Equipment Effectiveness (OEE)

Out of all the prevailing industries, manufacturing  seems to be one of the most challenging and interesting choice. Aspirations are set clear by Government of India to increase manufacturing sector contribution to 25% of GDP by 2022. One commendable measure taken towards this goal is “Make in India” program that has a great impact internationally after its launch. Until 2018 the Gross Value Added (GVA) of manufacturing sector was at peaks touching 390 Billion US dollars. Among which the automotive sector contributes to almost 20% of the goods flow in the market. Thereby…Read more »