EM - Efficient Manufacturing - October 2022

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As the Indian manufacturing industry continues to establish its pace with digital advancements, concepts like Industry 5.0, bioeconomy, cobots, and data privacy redefine the overall evolution of the manufacturing landscape.
At the same time, companies, both multinational and start-ups, have absorbed technological breakthroughs that have not only helped India reflect an innovation-savvy economy but, at the same time, also supported the proper incorporation of people-centric development into the country. Today, the manufacturing industry in India stands at the cusp of unprecedented global opportunities. Adding substantially to this, the Indian government has left no stone unturned to promote and acknowledge India’s manufacturing potential.
Keeping this in the backdrop, our Cover Story factors in how leading industry players appreciate the new logistics policy framework by the government of India. The National Logistics Policy targets to improve the Logistics Performance Index ranking, aiming to be among the top 25 countries by 2030. It also targets to reduce the cost of logistics in India to be comparable with global benchmarks by 2030 and create a data-driven decision support mechanism for an efficient logistics ecosystem.
Another interesting concept we have highlighted in this issue is how production can grow manifold with the help of paperless manufacturing
operations, leading to significant productivity improvement in the coming years. Such a manufacturing concept saves time, minimises human error and optimises production efficiency to a great extent. Targeting such concepts, EM will continue capturing and circulating relevant content, facilitating manufacturing enterprises and identifying and applying technology upscaling strategies to transition their businesses forward towards an intuitive future.