| | JULY 20218T he manufacturing and machinery trends have changed their dynamics during the global pandemic. Innova-tion and technology have proved to be a catalyst in the growth and development of the manufacturing and machin-ery sector. The second wave of COVID-19 has forced the man-ufacturing industry to increase the involvement of technology when the human workforce seems to be disappearing in most of the sectors and fields, at least for the next one year.Over the past decade, India has invested significantly in science and technology and witnessed an increase in the country's share of global patents. Research has shown that the Indian government plans to raise the domestic manufac-turing sector's share to 25% of GDP by 2022. Indian firms have displayed greater willingness in spending on R&D. There are countless new trends emerging in the food man-ufacturing industry as well, it covers a wide range ­ from simple to complex. The numerous trends have played an im-portant role in the food manufacturing industry and allowed them to evolve and perform with excellence.Here are the latest trends in the manufacturing industry and machinery sector that will bring about a new revolution and influence the speed and ease of doing business through connected operations, driving business success today and in the future: Rise of IoTThe Internet of Things (IoT) is tremendously helping manu-facturers monitor and connect the various components of their operations, which further promotes gaining an insight like never before in history. 41% of manufacturing organiza-tions make use of sensor data in their daily execution. Us-ing smart sensors and cloud connectivity powered by the internet, IoT is increasing the speed and advancement of the industry. The fact that connectedness gives manufactur-ers precious data that enables manufacturers to optimize, change and improve all facets of the manufacturing process. EMERGING TRENDS IN THE MANUFACTURING INDUSTRY AND MACHINERY SECTORBy Vikas Gupta, PRESIDENT ( TECHNICAL) - Kanchan MetalsVANTAGE POINT
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