Harnessing the Potential of Industry 4.0
The fourth industrial revolution is bringing about a disruption in the way businesses operate in India. The development of Industry 4.0 in India is being driven by the need for increased automation and efficiency in production processes, as well as the adoption of new technologies such as Artificial Intelligence (AI), Internet of Things (IoT) and big data analytics.
Industry 4.0 is expected to have a major impact on the Indian economy, with an estimated growth rate of more than 20 percent over the next five years. With its focus on innovation, it has already started transforming traditional manufacturing sectors such as automotive, textile and chemical industries into smart factories that are automated, connected and data-driven.
However, there are several challenges such as the lack of infrastructure and resources, dearth of technical skills among workers, high cost of implementation, and issues related to data security and privacy that need to be addressed for successful adoption of Industry 4.0 in India.
Through this webinar, we will strive to understand how these challenges can be addressed to harness the potential of Industry 4.0 and tap into the new opportunities for businesses to grow their operations.
Dr. S Devarajan, Senior Vice President – Production Engineering, TVS Motor Company
In his current role, Dr. S Devarajan is facilitating the implementation of new process technology, lean manufacturing systems, digital manufacturing, TPM and JIT across the company. In the past, he has led new product development for the company. He has been awarded the prestigious Rolls Royce Award for “Excellence in Manufacturing concepts and implementation in UK”
Binu Krishnankutty, Director - Operations, Collins Aerospace India
He is responsible for the overall India operations strategy, operational performance, continuous improvement, and future factory and growth initiatives. Prior to joining Collins Aerospace, Binu has spent over 21 years working with some of the world's most respected companies like GE, Danaher, Royal Enfield, Schneider Electric and Rexnord across automotive, energy, oil & gas and aerospace sectors.
Sony Thayil, Business Head – Architectural Institutional Business, Asahi India Glass
With total experience of 22+ years, he has significantly led the business operations with execution of sales, strategic direction and leadership. He has provided value through seamless communication, strategic planning and execution and setting up sales and distribution management. He was instrumental in delivering colossal impact on overall business management.