Manufacturing For Industry 4.0

With the gradual shift in technology and internet penetration, the fourth industrial revolution is all set to ride the digital wave of growth and expansion, with automation and robotics at the heart of it.

- Vijay Wadhwan

Manufacturing over the past few years has been focal to the government’s ambitions of making India an attractive destination for investment. Its much fabled ‘Make in India’ campaign has dedicated itself towards establishing the nation as a perennial powerhouse in the global manufacturing segment. Today, India is the sixth largest manufacturing country in the world, with FDI (foreign direct investment) inflows touching $60 billion in 2016-17, the highest ever annual inflow. Its manufacturing sector accounted for just 16-17 percent of gross domestic product (GDP), a testimony of the nation’s untapped market potential.