Industry 4.0 adoption scales up across India, reshapes manufacturing sector

The 12th edition of the Indian Machine Tool Manufacturers’ Association’s (IMTMA) National Productivity Summit was held over the weekend. It was inaugurated by and Dr V Sumantran, Independent Director, UCAL Fuel Systems. Also present were P Ramadas, President, IMTMA, and V Anbu, Director General & CEO, IMTMA. The two-day summit offered insights on best shop floor practices through pre-summit plant visits, insights from prominent industry experts on productivity gains, and case studies. The Summit was organised to serve as a learning and knowledge sharing platform with interactive sessions and networking opportunities to usher in a fresh perspective on manufacturing as technologies surrounding Industry 4.0 gain wider acceptance across Indian manufacturing units. 

Murugappan elaborated, “Across India today, companies are in the process of digitising their day to day operational functions to achieve efficiency and boost revenue growth and Industry 4.0 will usher in an era of transformative manufacturing in India.” He also emphasised the importance of having the right talent and cash flow to make a business successful. In this backdrop he explained the philosophy of the Group – Recruit for Attitude and Train for Skills. 

On the Impact of Productivity on India’s Manufacturing Competitiveness, Sumantran said, “It is imperative to leverage the combination of quality and productivity to meet the competitive demands of the industry. Manufacturing units need to embrace modern technology including Industry 4.0 to raise the collective input in manufacturing and boost India’s share of medium and high-tech activities in manufacturing exports so that manufacturing activity can be sustainable and contribute further to GDP.”