Manufacturing will play a vital role in India’s survival from the onslaught of frequent economic crises and in driving the country’s economic growth. However, sustainable contribution of manufacturing to economic growth is best achieved from the grassroots. Compared to global benchmarks of manufacturing sector’s contribution to GDP in the developed countries, it is evident that Indian manufacturing has a massive untapped potential. One of the critical aspects that finds resonance in global manufacturing is the focus on automation as a change enabler. It is automation that will make the difference between survival and thriving, and between incremental contribution and rapid industrial revolution.
Automation service providers with their global expertise and local resources have the potential to transform current Indian manufacturing practices and bring these at par with the global standards. Given the growing size of the hitherto untapped industries that largely fall within the SME.....
