A recent World Bank report, Trouble in the Making? The Future of Manufacturing-led Development, says new technology, including advanced robotics, industrial automation and 3D printing, are changing the landscape of global manufacturing. Gaurav Nayyar, one of the report’s authors, talks to Indivjal Dhasmana about the impact of these technologies on the Make in India programme. Edited excerpts from an interview:
The report says technology is now driving manufacturing. What lessons can Make in India learn from this?
If technologies like artificial intelligence, robotics and smart factories are reducing the importance of low labour costs in determining overall manufacturing costs, then there are