Which manufacturing industries are growing in India
India wants to become more competitive with Industry 4.0
India is still at the beginning of the development and application of Industry 4.0 solutions, but it certainly has growth potential. By 2022, the subcontinent aims to become number five among the largest industrial producers in the world - currently the country is still in sixth place. By then, the share of the manufacturing industry in the gross domestic product should increase from 17 percent today to 25 percent, according to the government's plans.
With the "Make in India" initiative launched a good five years ago, India wants to position itself as a production location alongside China and the Southeast Asian countries. Annual fixed investments have risen by around a third since 2015 to most recently 135 billion US dollars (US $). However, the Indian industrial sector is still a long way from a second China - both in terms of quality and quantity of production.
In order to close this gap, Indian companies not only have to turn the efficiency screw, but also significantly improve product quality in many sectors so that they can survive in global competition. With this goal, automation and digitization in the processing industry are to be promoted. In addition, the Indian government wants to promote the manufacture of high-tech products more strongly.
India is gaining in importance as a location for electronics manufacturing
For example, electronics manufacturing is expected to increase from $ 60 billion today to $ 400 billion by 2025. In addition, the participation limits for foreign direct investments in the industry as well as the import duties on 35 key components for cell phone production have been abolished. A number of manufacturers have now set up factories in India. The Taiwanese contract manufacturers Foxconn and Wistron now produce cell phones for Nokia, Xiaomi and Apple among others in their Indian plants.
Other industries - above all the automotive sector, mechanical engineering and the metal industry - are modernizing their production and thereby opening up business opportunities for Industry 4.0 and Internet of Things (IoT). According to an analysis by EY, the market volume for IoT amounted to US $ 1.3 billion in 2016. The management consultancy predicts that this will increase to US $ 9 billion by 2020. The number of networked machines is also expected to grow rapidly from 60 million to 1.9 billion in the period under review.MKT201910308002.14
India is setting up development centers for IoT in industry
The companies are receiving support from the government: As part of their digital strategy, they want to increase the market volume for IoT to US $ 15 billion by 2022. The industry association Assocham estimates the market at around US $ 11 billion by then. The initiative SAMARTH / Udyog Bharat 4.0 (http://www.samarthudyog-i40.in) was launched especially for the industrial sector (Industrial Internet of Things, IIoT) as a platform for companies and industrial associations to develop and implement IoT -Solutions intended to serve. There are now four IIoT development centers in India.
The manufacturing industry is only one sector that offers potential for the Internet of Things. According to EY estimates, utilities (electricity, gas, water), the transport and logistics industries, and healthcare are also likely to open up growing business opportunities for IoT solutions in the coming years.
However, the analysts also point out that only a very small proportion of Indian companies currently meet the technological requirements to even implement IoT applications such as big data or advanced manufacturing. Small and medium-sized companies in particular lack not only the know-how, but also the financial means to network and digitize at least parts of the production process.
India is lagging behind in the use of industrial robots
It usually starts with the outdated machinery and the low level of automation in production. The machines used can either not be equipped with sensor technology at all or can only be equipped with a very high technical and financial outlay, in order to then network them with one another in the second step, according to EY.
In India, for example, only three industrial robots are used on average for every 10,000 workers, states the International Federation of Robotics. In the automotive industry there are significantly more at around 60, but in an international comparison even this branch of industry - which is already highly automated by Indian standards - is still below the global average across all branches of 74 robots. This in turn offers growth potential: while 3,000 industrial robots were sold in India in 2017, this number is likely to rise to 6,000 units per year by 2020, predicts the Robotics Association.MKT201910308002.15
The Indian automotive industry is likely to remain the driving force behind robotics and automation for the next few years. The sector is currently going through a period of weakness and has had to cut production sharply in view of the fact that demand for cars has been falling for months. In the long term, however, the industry is to increase its production capacities significantly as part of the "Automotive Mission Plan" and move into the top 3 of the largest car manufacturers - in 2018, the country ranked fourth in car production with around 4 million units.
The relatively high degree of automation in the established automobile clusters in Pune, Delhi and Chennai with numerous international OEMs and well-developed supply chains offers good framework conditions for Industry 4.0. The Indian forging company Bharat Forge is considered a pioneer in this regard. Together with the US provider of IoT solutions PTC, the company has implemented a number of projects in areas such as predictive maintenance and machine learning.
The Munich technology group Siemens is also present on the Indian market with its Industry 4.0 products. The company opened a "Digital Experience and Application Center" in Bangalore at the beginning of 2019. Industry 4.0 solutions especially for use in machine tools are presented in the showroom.
Further information on the economic situation, industries, business practice, law, customs, tenders and development projects in India can be found at http://www.gtai.de/india. The page http://www.gtai.de/asien-pazifik offers an overview of various topics in Asia-Pacific.
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