Proliferation of Industrialization in India Driven by Government, Corporate, and Private Investment
The manufacturing sector is one of the foundations of the Indian economy. It is imperative that India invests in emerging technologies and research for the growth of the factories of the future. The Indian government has been prompt in realizing the importance and value addition of manufacturing to India and have unlocked several investments to sustain its position in the global market. Government initiatives are promoting global investments, collaborations, and global companies to set up plants in India. This way the Indian manufacturing sector will begin its journey into the realm of digital and connected era meeting international standards of manufacturing.
The constant support from the government and the FDI has initiated the evolution of new partnerships that focuses on adoption of technologies associated with industrial internet of things (IIoT). Technology-driven processes will further offer customers visibility and transparency surging growth of the Indian manufacturing market to become a manufacturing hub and a knowledge center in the future. The Indian market is slowly opening its wings toward offering services and technology that aim to support and transform the existing and upcoming manufacturers. With high returns expected from automation technologies such as robotics, artificial intelligence (AI), industrial software solutions, older generation must invest to experience the vast benefits of industrial technologies to extract the true potential of the business.
Key questions answered in the study:
- What is the next phase in industrial operations?
- What are the global trends and implications of industrial automation?
- What is the impact of industrial automation in India?
- What are the factors impacting digital technology adoption in India?
- What are the key funding and initiatives encouraging adoption of industrial automation?
- What are the industrial automation technologies and some of the key participants in the Indian market?
- What are some of the strategic shifts that will reshape current manufacturing businesses in India?
Table of Contents
- Research Scope
- Research Methodology
- Explanation of Research Methodology
- Summary of Key Findings
- Global Scenario
- Global Market Value
- Current Scenario- India Manufacturing Sector
- Factors Impacting Digital Technology Adoption in India
- Problems Faced by a Majority of the Participants in the Indian Manufacturing Industry
- Potential Strategies and Opportunities for Industrialization in India
- Existing and Ventures for Long-term Growth
- Trends in Government Initiatives
- Government and Industry Initiatives and Collaborations Facilitating Digital India
- Key Funding & Initiatives
- Industrial Sectors Anticipated Automation Potential
- Role and Impact of Automation in Other Industries
- Market Segmentation
- Role of Industrial Automation
- Key Market Participants in Industrial Automation Solutions
- Role of Industrial Software
- Key Market Participants Offering Industrial Software Solutions
- Role of New Technologies
- Key New Technology Participants Offering Robotic Solutions
- Key New Technology Participants Offering AI Solutions
- Key New Technology Participants Offering IIoT Solutions
- Key New Technology Participants Offering 3D Printing Solutions
- Applications with Hardware and Software Installations
- Key Approaches Within The Indian Smart Factory Market
- Bosch Bridges the Gap Between Existing Machinery via Smart Sensor Solutions
- GE Facilities to Enable India as a Manufacturing Hub
- Leading Firms Gradually Shift Toward Automated Solutions
- The Way Forward
- Strategic Shifts to Reshape Current Business Models
- Legal Disclaimer
A selection of companies mentioned in this report includes: