Smart Factory – The Future of Manufacturing Industry

To make India a manufacturing hotspot for domestic as well as overseas players, the Make-in-India programme was launched in 2014. The future looks promising with Indian manufacturing sector geared up to hit the $1 trillion mark in the next ten years and generate 90 million domestic jobs. To achieve this, a smart factory set-up that includes CNC machine job, VMC job work, etc needs to be in place. This will help maintain operating costs and efficiency at every step of production. What needs to be observed is whether Indian manufacturers are up for the challenge and are digital-ready.

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