Why Smart Manufacturing is Key to India’s Economic Growth
The use of advanced technologies like AI, automation, machine learning, IoT sensors, robotics, data analytics, and cloud computing for creating an intelligent, connected, and efficient manufacturing environment is referred to as smart manufacturing . Thus, smart manufacturing allows machines to interact, optimize processes, and lead to predictable production. Smart manufacturing has become a necessity for Indian industries to ensure global competitiveness, economic growth, and long-term sustainability. Manufacturers switching to automation, energy-efficient components, and connected systems witness tangible productivity gains. It has been revealed in a study that over 45% of manufacturers achieve improvements in operational efficiency and uptime through remote diagnostic and predictive maintenance, and around 30% manufacturers reduce energy costs by optimizing relays, motor controls, and passive components. Manufacturing in India has been the key pillar of the nation’s growth and devel...