A galaxy of top-notch industry professionals at Autocar Professional’s The Automotive Forum in Chennai, held on June 7, see consensus that the factory of the future will have to employ smart manufacturing and simulation technologies in ample measure to derive substantial dividends.
All roads in Chennai on June 7 led to The Westin Chennai Velachery where Autocar Professional held The Automotive Forum on ‘Growth Through Smarter Manufacturing and Simulation’.
It was all about the connected shopfloor of the future, of Industry 4.0 or the fourth industrial revolution, the Internet of Things (IoT) and newgeneration technologies like 3D printing. Industry 4.0 dynamically changes the rules of the game for manufacturing. Connecting real machines with information technologies and IoT increases productivity substantially. Companies that employ new technologies for Industry 4.0 are a lot more competitive because they produce at lower costs and meet customer needs with a lot more flexibility. Organisations that are prepared to implement industry 4.0 now will actively shape and lead the change in manufacturing.
The seminar’s aim was to generate debate and consensus on the advantages of smart manufacturing, the benefits and challenges of Industry 4.0, how new-generation simulation technologies can help enhance both innovation and profitability while reducing timeto-market significantly, and whether 3D printing is going to be a gamechanger in the component manufacturing industry as it is billed to be.
The highlight of the day-long event, which saw attendance from over 150 delegates representing the entire automotive eco system comprising vehicle manufacturers, component suppliers and the supply chain, was the galaxy of topnotch automotive industry professionals who made their presence felt with their incisive presentations, analysis and comments.
The latest edition of The Automotive Forum was extra special as it saw keynote addresses from two industry stalwarts – Dr V Sumantran and Vinod Dasari.
This story is from the June 15 2017 edition of Autocar Professional.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the June 15 2017 edition of Autocar Professional.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Spain's Fersa Group invests in India-based Delux Bearings
Besides theRs100 croreinvestment, the Indian company gets access toadvanced technologies and bearings with arange of applications that willhelpinits global growth strategy, writes Manobhava Baruah.
Tata Autocomp to open compact dual-clutch transmission plant
Amidthe country’s growing need for personal mobility with easy manoeuvrability, comes the demand for vehicles with automatic transmission. Tata AutoCompisready tomovein writes Shruti Mishra.
Pankaj Munjal-backed Hero Motors raises equity from GEF Cap
The company willinvest Rs1,500 crore over thenextthree years andit expects 60 percent ofits turnover to come fromelectric vehicle parts. Itaims to becomea Global EV Solutions Company from India
New age thermoplastics for next-generation EV batteries
Saudi-based global materials major SABIChas developed cutting edgein fire-resistant polymers and flame-retardant materials that comply with various EV battery safety standards across the world.
Switch Mobility to meet growing e-bus demand with fresh capex
Oncourse for abillion-dollar business, the company is exploringa possibility of operating satellite factories across the country to serve different geographies, write ShahkarAbidi and Ketan Thakkar.
Kia India to invest Rs 2,000 crore in EVS, to introduce new e-RV in 2025
New investmentto drive R&D, infrastructure development and manufacturing capabilities. The company willlocally produce EVsin India with possibility of exports as well, writes Mayank Dhingra.
"The government has given enough time for indigenisation but the industry has not taken it seriously"
Amitabh Saran, Founder and CEO, Altigreen, shares his views on problems inthe EV industry and battery localisation solutions with Amit Vijay M.
TATA MOTORS SEES ONE INTWO CARS SOLDAS EVS BY 2030
The company aims to offer wider choices withnew EVs that may straddle a pricebracket of Rs20to 40lakhinthe coming years, writes Ketan Thakkar.
MG Motor India in expansion drive, to invest $100 million
The investment willbe usedtoramp up existing production capacity from1.2to1.4-15lakh units per annum atthe automaker's Halol plantin Gujarat, writes Ketan Thakkar.
"Technology and its multiplier effect are driving business transformations and customer experiences"
Technical Centre India is one of Continental’s largest research and development centres in the world, andasa Centre of Competence’ it also develops customised products for the BRIC countries.
