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FACTORY AUTOMATION IS EXPECTED TO GROW TO $4.43 BN BY 2023

The Machinist

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August 2021

In an interview, Parminder Singh, Head of Design & Manufacturing - India & SAARC at Autodesk talks about how companies are adapting and overcoming the challenges posed by technology in a during/post-COVID world and expected growth in industrial automation in India

- Rahul Kamat

FACTORY AUTOMATION IS EXPECTED TO GROW TO $4.43 BN BY 2023

Tell us about the role of design, technology and engineering in making India self-dependent?

The Make in India initiative and the more recent Atmanirbhar Bharat campaign are aimed at catalyzing India’s manufacturing sector and creating strong local supply chains. The government’s aim of setting the manufacturing sector on course to create 100 million new jobs by 2022 and contribute $1 trillion to the national economy by 2025 will necessitate long-term strategic thinking and the adoption of more technology.

While the pandemic has reinforced the need for Indian manufacturing to adopt digital capabilities, ‘Atmanirbhar Bharat’ — a major element in igniting India’s manufacturing sector — will harness the power of connected data and artificial intelligence (AI) to help companies automate their engineering and manufacturing processes, driving push-button automation. Consequently, India is adapting to digitalisation at a faster rate, as technology will play a key role in tackling post-Covid challenges.

Smart manufacturing helps manufacturers become more efficient, stay ahead of the competition and explore new business models and widespread digitisation of all manufacturing practices. It has the potential to improve outcomes for individual businesses and the manufacturing industry.

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