The entire world is gripped by the Covid-19 pandemic, the global supply chain is experiencing a level of disruption that has never been seen before. Some manufacturing companies have halted their production completely, while some have seen greatly reduced demand and others have seen a massive increase in demand. The global crisis has affected every manufacturer in some way or the other. From being one of the potential growing, automation – widely regarded as optimistic & future thinking sector to coming to a point of cessation, due to the increasing number of cases.
Recent developments in factory optimization have forced the need to adapt machinery and other processes to make manufacturing more effective. Industrial Automation sector is opening many opportunities for technology companies that are innovative and can cater to automotive or agricultural companies. Demand is further expected to increase in the coming years as companies need more Automation to remain competitive. Moreover, Industrial Automation is becoming an important part of companies producing in India that apply the latest technologies.
Besides, India is moving towards Industry 4.0. Hence, the Industrial Internet of Things (IIoT) will emerge as a game-changer for the manufacturing Industry. India provides a great pool of skilled workforce for the Industrial Automation sector. This industry has a great present and future prospect. Companies interested in entering India will find good business opportunities in this sector.
We will be discussing on automation for manufacturing and how we can implement them in our plants and workstations. Various applications and creating a sound environment for a manufacturing plant to run at less capacity but increasing its productivity.
- The global Industrial Automation Market size was valued at USD 157.04 Billion in 2018. It is expected to reach USD 296.70 Billion by 2026.
- The Indian Industrial Automation Market size was valued at USD 5 Billion in 2018. It is further expected to grow at a CAGR of 12% by 2023.
Webinar Topic: Automation is future for manufacturing
- Automating industry – post COVID19 crisis scenario
- New advancements in automation and implementation
- Applications for automation in manufacturing industry
- Robotics & factory of the future
Sr. V.P. Mfg Ops
Amneal Pharmaceuticals Pvt. Ltd, Ahmedabad, India