India is moving in the direction of becoming self-reliant and globally competitive with Industry 4.0

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Shri B B Swain, Secretary, Ministry of Micro, Small & Medium Enterprises, Govt. of India, mentioned that we are moving in the direction of becoming self-reliant and globally competitive. Hand Holding has been provided to the MSME sector through various government schemes and initiatives. Industry 4.0 promises better skilling and training of MSMEs to gain substantial economic benefits. He addressed some of the challenges in this area which needs to be addressed on priority basis like up gradation of technology which will act as a key enabler in the development of the sector.

Dr. Sujata Chaklanobis, Scientist ‘G’ & Head,(CRTDH, PACE & A2K+ schemes) and In-Charge – Central Electronics Limited and Consultancy Development Centre, Department of Scientific and Industrial Research, Ministry of Science and Technology, talked about industrial evolution happening since ages. She said our aim is to make manufacturing more agile to reach consumer satisfaction. She talked about four enablers which can transform traditional manufacturing to advanced manufacturing which are new processes, new infrastructure, new mindset and new processes.

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Mr.Umashankar Prasad, Director & Head (HRM & Industry 4.0), National Productivity Council said Industry 4.0 just cannot be implied to  MSME sector but also across other sectors too. He deliberate upon four approaches important for industry 4.0 which are connecting, communicating, computing and collaborating. Manufacturing is a core of the economic growth and progress of  every  sectors is driven by manufacturing, added Mr.Umashankar Prasad.

Mr. Pradeep Multani, President,PHDCCI, said that Industry 4.0 is all about optimization of smart, flexible supply chains, factories and distribution models where machines capture and convey more data via machine-to-machine communications and to human operators. All this aims at enabling businesses to make quicker, smarter decisions, all while minimizing costs. This in turn will increase manufacturing productivity, shift economics, foster industrial growth, and modify the profile of the workforce —ultimately changing the competitiveness of companies and regions, said,Mr. Pradeep Multani.

Mr. Dev Prakash Goel, Co-Chair, MSME, Committee, PHDCCI, said that flexibility, cost efficiency, quality etc. are some of the major benefits of industry 4.0 adoption in SMEs. Industry 4.0 technologies will help India’s manufacturing sector to manage and optimize all aspects of manufacturing processes and supply chain.

Mr. Saurabh Sanyal, Secretary General, PHDCCI, mentioned that Industry 4.0 elevates digital technology to a whole new level by bridging the physical and digital worlds via the Internet of Things, big data, analytics, cloud, autonomous robots, artificial intelligence, machine learning, and augmented reality, as well as real-time data access and with this also presented a formal vote of thanks.

Dr. Jatinder Singh, Assistant Secretary General moderated the session.

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The Event was sponsored by BOSCH and PHDCCI’s Annual Sponsors – Multani Pharmaceuticals Ltd; Star Wire; PG Industry; Uflex Ltd; DLF Ltd; Continental Carriers Pvt Ltd; Belair Travel & Cargo Pvt Ltd; Radico Khaitan Ltd; Jindal Steel & Power; MMG Group; Paramount Communications; Superior Industries Limited; JK Tyre & Industries Ltd; SMC Investments and Advisors Ltd; Crystal Crop Protection Ltd; Sagar Group of Industries; Samsung India Electronics; Comtech Interio; R E Rogers; AYUSH Herbs Private Ltd; Apeejay Stya Group; DCM Shriram; EaseMyTrip; Blossom Kochhar Beauty Products Pvt Ltd; Oswal Greentech; Trident Group; MV Cotspin Ltd; Synergy Environics Ltd; Ajit Industries Pvt Ltd; P S BEDI & Co.; Indian Farmer &Fertilizers Corporation Ltd; Jindal Steel; Hindware Sanitary; Modern Automobiles; Livit Ltd; Central Coalfields Ltd; Axa Parenterals; Bhagwati Plastic and Pipes Industries; J K Insurance Brokers Ltd; DD Pharmaceutical Ltd.

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