Anil Parab, Executive Vice President – Heavy Engineering and Nuclear, Larsen & Toubro Limited, predicted that India, which was at 10th position in 2010 in advancement in manufacturing technology, has been steadily progressing to reach fifth position by next year.
“India almost requires about 10 lakh welders by 2022. At a time when dearth of jobs is being debated in the economy, it provides immense opportunity for creating jobs. We need skill enhancement for those working on welding technology, by sourcing workers from lower rung towns and cities, so we can create a lot of employment opportunities,” Pillai said.
“If the manufacturing sector has to grow beyond 15 per cent share (in GDP) then the role of welding technology, which is the backbone of manufacturing process, is very important. It should play a greater role in improving industry’s march towards $5 trillion economy, along with digital technologies,” Pillai added.
The Government is planning to take the share of manufacturing sector from the present level of about 14-15 per cent to 25 per cent in a few years in order to take the economy to the $5 trillion level by 2024.
“Only one per cent of the industries in India have embraced Industry 4.0 (Fourth Phase of Industrial Revolution), which calls for adoption of advanced technologies like automation, robotics, Internet of Things (IoT), and data analytics. The MSMEs should check if they are ready for this transformation, as part of assessing their preparedness for global competition,” Pillai said.
Exuding hope that India would reach 5th position globally in advancement of manufacturing processes, Parab said, “I have no doubt about that. We are competing with the best of best in the world on merits... But your mindset has to be completely different. You have to be world class, then only you will be able to achieve this.”
“The U.S., with all their high cost structures, and Germany they are in top five. What is the reason? Intelligent manufacturing and digitalisation, Industry 4.0 and advanced robotics. If you see countries like China and India, they are constantly progressing from 1980. India was at No. 15 globally then. By 2010, India has progressed to No. 10, and I think India is steadily progressing towards No. 5,” Parab added, buttressing his point.
Alakesh Roy, Vice Chairman, CII Pune Zonal Council and Managing Director, Zamil Steel India, warned the manufacturing sector players to guard against the rapid technological changes that the industry is likely to face in the years to come, and that they should try to be relevant. He cited 3D printing technologies, self-healing textiles, new delivery models, threat for metals from plastics and polycarbonate and atomic welding as the new technologies that are looming over the industry.
Citing a recent survey of 500 manufacturers, Satish Bhat, Conference Chairman and Managing Director, Ador Welding Limited, said about 65 per cent of the leaders plan to increase capital injection in digitalisation of their manufacturing processes in the next few years.
High competitiveness and manufacturing excellence are important in digital economy. Investment is going the way of cost-effective digital manufacturing. “Manufacturers are talking nothing less than Industry 4.0 or smart manufacturing. This will help manufacturers to transform from mass production to customised production, via digital supply network, for catering to the ever-changing needs of the customers,” Bhat added.
(To receive our E-paper on whatsapp daily, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)