It is time to re-strategize the manufacturing sector in the era of Industry 4.0. Emerging technologies such as IIoT, AR/VR, AI, Cloud Computing is reshaping the manufacturing sector for digital transformation. Smart factories, Digital Manufacturing, Lean Manufacturing are now the buzz words of manufacturing sector for remote machine monitoring, optimal use of the workforce, seamless connection in every phase of the production process.
In this context, ‘APAC Manufacturing Conclave’ organized a special session on ‘Digital Disruptions in Manufacturing Sector- Smart Factories, Digital Manufacturing, Lean Manufacturing, Artificial Intelligence’ to discuss various aspects of using emerging technologies the Manufacturing sector and the challenges, opportunities. The session saw the presence of digital transformational leaders from the leading Manufacturing companies. They were- Yateen Chodnekar, SVP: Chief Business Processes and Technology Excellence Officer, ENAM Asset Management Pvt Ltd., Sharad Nigam, Vice President – Corporate Strategy & Digital Operations, India & APAC, Hitachi India Limited; Rajeev Khade, Vice President Global Information Technology, Sigma Electric Manufacturing Corporation; Dr. Priyabrata Sarangi, Chief Information Officer, DCM Shriram Industries, Manish Chandegara, Head IT & CISO, Aditya Birla Group; Jagdip Kumar, CIO, Lohia Corp.
Crux of the discussion: Digital disruptions in the era of ‘Make in India’ are playing a crucial role for the growth of the manufacturing sector. Adoption of cloud, benefits of Industry 4.0 are helping in digital transformation. However, some still think that ‘we are still far away from where the machine decides the next step to be taken.’
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