Industry 4.0 Transforming India’s Manufacturing Landscape

Date:

In recent days, the conversation surrounding Industry 4.0 in India has gained significant momentum, particularly as the country aims to strengthen its manufacturing sector and align with global standards. The National Association of Software and Services Companies (NASSCOM) and Capgemini recently highlighted the potential of digital transformation in manufacturing through their report, “India Industry 4.0 Adoption: A Case to Mature Manufacturing Digitalization by 2025.” This study emphasizes the necessity for increased investment in foundational technologies and skill development to enhance the manufacturing landscape.

According to the report, India’s manufacturing sector is set to contribute significantly to the national GDP, with projections indicating a target of 25% by FY26. This growth is crucial as the nation aspires to elevate its manufacturing output to $1.1 trillion​.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

18 + one =

spot_img

Share post:

Subscribe

More like this
Related

Understanding the PM National Relief Fund

In 1948, India saw a huge humanitarian crisis as...

India’s Real Estate Poised for Strong Investment-Led Growth in 2025

India’s real estate sector is poised to sustain strong...

India to Build 10,000 km of Greenfield Expressways

Union Minister for Road Transport and Highways, Nitin Gadkari,...

India’s EV Adoption Hits a Roadblock as Charging Infrastructure Lags

India’s electric vehicle (EV) growth appears to be hitting...