We are going to connect these centers into a hub and call it SAMARTH (Smart and Advanced Manufacturing and Rapid Transformation Hubs) Udyog, said Mr Girish Shankar, Secretary (HI), Department of Heavy Industries.
The government is drafting new Integrated Industrial Policy to enable this dream. The target of 25% is one of the factors requiring new industrial policy. The biggest is that a silent change is happening in the west to regain their document position. It is based on knowledge of connecting entire value chain to enable behaving as one. The connections are being provided by information and communication technologies in the cyber physical system. India needs to be aware this change.
In our quest for gaining manufacturing superiority, we need to develop and support advanced, high value and innovative manufacturing. It all pertains to producing technologically complex products through the application of cutting-edge technical knowledge, which have strong potential to bring sustainable growth and high economic value.
We are witnessing the rise of protectionism in almost all parts of the world; nations want to protect technology, jobs by insulating themselves from open globally linked trade. Even in such an atmosphere, those who provide the best quality at the most competitive price will be able to penetrate protectionist tendencies and grow their market globally.
This demand that industry push its productivity by embracing latest technology and leverages the use of new concepts such as industry 4.0. The fourth industrial revolution, industries 4.0 demands the industry to be innovative and change quickly to ensure global competitiveness.
These factories of future will provide first hand exposure to Indian manufacturing sector. Industry can experience the processes. They can have themselves trained in specific skills and get industrial consultancy support to kick start Smart processes in their own factories.
More From This Section
The department of science and technology has mandated technology information, forecasting & Assessment council to draft a DPR for creating 10 or 12 centres of excellence in industrial R & D applied to industry 4.0 and related technologies.
The ministry of skill development and entrepreneurship has also formed a Task Force to create skill eco-system for new and transformed trades required for industry 4.0.
Powered by Capital Market - Live News