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Manufacturers to invest more in tech

Mint Hyderabad

|

December 30, 2024

Manufacturing companies are likely to ramp up investments into technology integration to 11-15% of their overall budget in the next two years, compared with the existing 10%, a report by the Confederation of Indian Industries (CII) showed.

- MANAS PIMPALKHARE

These increased investments are likely to go into IoT (Internet of Things), robotics and Big Data, the report titled 'Smart Manufacturing: Unlocking India's Potential' said.

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