Textile sector once upon a time was one of the key industrial sectors in India, currently contributing 5 percent to India’s GDP and 14 percent to overall index of Industrial production. According to a study conducted by Wazir Advisors and PCI Xylenes & Polyester, the sector has potential to g…
Tag: Industrial Internet of Things (IIOT)
Incentivise automation in manufacturing to give a boost for Make in India
Automation industry is in an evolving phase. There are many factors which are considerably changing the outlook of the industry such as ever-increasing need of complying to global standards, the constant need for improving operational excellence, desire for zero defects, productivity and quality …
80% of Indian manufacturing industry to adopt the advanced trends by 2020: Report
Tata Strategic Management Group, the management consulting arm of the Tata Group, on August 31 unveiled a report on readiness of Indian manufacturing to adopt advanced manufacturing trends in collaboration with FICCI. The report is based on a first of its kind survey conducted to gauge readiness …