Influence of 'Make in India' on the SMEs in the country

At AMTEX Mumbai 2017 we had the privilege to talk to Mr. Arthur James, Senior Manager- Business Development at SME Chamber of India, Mumbai, Maharashtra. He gave us an overview about how the popular 'Make in India' initiative of the government has influenced the Small & Medium Enterprises in the country.

Take a look at the video here:

Location: India

Comments

Post a Comment

Popular posts from this blog

Augmented Reality and Virtual Reality – a boon for Advanced Manufacturing.

Image
Lately, the world is witnessing a lot of new trends and technologies in every sector, and our ecosystem is transforming at a fast pace. Each day, we see new innovations in technology which will help you to save time and money. Development is a never-ending process and one such technology which is collecting a lot of attention these days is Virtual Reality & Augmented Reality.   What is VR & AR? Augmented reality (AR) is a direct or indirect live view of a physical, real-world environment whose elements are "augmented" by computer-generated perceptual information. Virtual reality (VR) is a computer-generated scenario that simulates a realistic experience. The immersive environment can be like the real world to create a lifelike experience grounded in reality or sci-fi. Fig 1.0 The use of AR and VR in the manufacturing industry VR & AR for Advanced manufacturing   Augmented reality systems may also be considered as a form of VR that l...
Read more

SLTL talks about the Amtex expo and the current market scenario in the manufacturing industry

Image
In conversation with Mr. Maulik Patel, Business Development-International, SLTL About SLTL image courtesy: CNCTimes P. Ltd. SLTL which started in 1989 was previously known as Sahajanand Laser Technologies Limited. SLTL is a manufacturer of diamond processing machines with lasers, industrial laser systems, medical stems, renewable energy, solar thermal based equipment’s, radio frequency, and microwave absorbers. As a conglomerate, we are present in 30 countries, and we are growing at a rapid pace. We spend around 10% of our revenue every year on research and development. In your opinion, what is the current market scenario? The market scenario in India is growing at a good pace. There is stiff competition from imported machines like Chinese machines that are now penetrating the Indian market. These machines even though low in cost are deficient in quality. Even then, these machines are swiftly gaining a market in India, as the Indian machine tool buyer is mainly focussed ...
Read more

Shaping the future through Smart Factory

Image
We are now on the brink of a massive paradigm shift in the manufacturing industry, where the real world and the digital world will converge. The diminishing boundaries have given birth to factories that are smart, and IT driven. Though the manufacturing sector in India has been slow to react to disruptive technologies, the digital transformation has been growing at a rapid speed.  Making smart factories is akin to taking a giant leap from the traditional automation to a digitally connected and integrated system. Through a smart factory, one can use the real-time data from the connected systems and utilize them for managing the constant change and demand. The outcome can be a more effective and spry system with very less downtime, and a more remarkable capacity to anticipate and acclimatize to changes in the facility or more extensive operation, perhaps prompting better positioning in the dynamic commercial center. Below are the five key characteristics of a smart factor...
Read more