Future of the Manufacturing Industry in India Post COVID 19 Pandemic
Published by : Industrial Automation
Manufacturing Industry in India is widely impacted by the outburst of the COVID 19 virus and results in the lockdown of the country’s operation. Also, the continuous operation in the manufacturing may result in the spread of the virus. It is expected from many industry experts that the companies may use advanced manufacturing techniques to ease the inter-human interaction on the site.
What can be the possible future of the Manufacturing Industry in India?
3D Printing Service – It provides cost-effectiveness with its focus on lean manufacturing. Industries like automotive, defense, healthcare, and aerospace have been early adopters of 3D printing in India.
On June 4, HP has publicized its expansion of 3D printing services. The value of the digital manufacturing network has only augmented over the past few months in the wake of COVID-19. HP Inc., Palo Alto, Calif., announced that it is adding new materials and expanding its 3D printing services. For instance, HP partnered with leading industrial companies such as Siemens and BASF to accelerate the design and production of 3D printed at scale. The entire 3D printing community has come unitedly to help fight this pandemic.
Internet of Things (IoT) – Internet of things also plays a key role in digital transformation. When the fundamentals IOT technologies are applied to the manufacturing industry, it is called the Industrial Internet of Things (IIoT), and it is a major disruptor. The usage of IoT in manufacturing is on the rise thanks to reducing the costs of hardware and software components including sensors, cloud computing, and analytics tools.
Artificial Intelligence (AI) – Manufacturing plants and factories have to embrace automation to stay relevant in the long run. AI-driven machines add significant value to the manufacturing process as they enable automation of tasks, enhance production efficiency, and bring machine interaction closer to human interaction.
Robotics Manufacturing– Robots are designed to collaborate with human workers. Thus, robots can play a vital role in optimizing assembly operations and improving manufacturing production cycles through their accuracy, speed, reach, and any material handling capacity. Robots empower human workers as their implementation allows the labor force to be trained in new skills thereby acquiring a competitive edge in the workforce.
Manufacturers should be looking at refurbishing tools, technologies, and methods that motivate the next generation of workforce, new business models that include technology partnerships, robots, AI and digital infrastructure, 3D printing that supports increased ability and business performance. 3D printing also speeds up product development across verticals. It seems that 3D printing is clearly headed for a bright future.
Conclusion – If India’s manufacturing economy has to reach $1 trillion by 2025, manufacturing units need to transform into smart manufacturing units. Incorporating these technologies can have a significant impact on efficiency and business. The usage of robots results in improved efficiency, reduced costs, and better production flexibility. GOI should support the manufacturing industry and manufacturers must understand which sections of our social, business and political environment will grow in the aftermath of the COVID-19 pandemic and invest accordingly to design for the new normal. Indian manufacturers must adopt 3D printing technology like other businesses and countries are adopting.