Technological developments: Manufacturing sector to undergo revolution in next 5 years, says expert
India is on track for a technological revolution, particularly in the manufacturing sector. A new global consumer sector will develop over the next five years, opening up a number of new market opportunities.
Through the fastest-growing economy in the world, India is poised to play a significant role in the global manufacturing sector.
In the middle of a global effort to improve the industry’s performance, Dhawal Gupta, Co-Founder of Subhot Enterprises, says that the manufacturing sector has undergone significant change today. He avers, “The downstream industrial heating solutions, a key contributor to exporter, manufacturer, and service provider, the company delivers high-quality goods, Industrial heaters, silicon heating pads, immersion oil heaters, and other innovative items and a lot more areas, how new technology is modernizing operations.”
He informs that modern R&D labs and computer-aided vision systems in warehouses have brought manufacturing to the forefront of technological advancement. “Its reliance on human interaction has given way to extremely sophisticated automated technology, enhancing AI, which is now widely used. The business environment in India is always changing. Over the next five years, a number of technological advancements will come together to completely change the manufacturing process,” he adds.
The future of Extrusion Manufacturing
The co-Founder of Subhot Enterprises say that manufacturing plants for aluminum extrusion may easily innovate via digital transformation. He informs, “By utilizing ecosystems of things, machines, and systems, it can help organizations better utilize vast amounts of data in real time. Value-added aluminum goods will be crucial in helping to provide solutions in a carbon-constrained climate. Digital transformation can be welcomed to boost productivity and adaptability by simplifying various information streams, processes, and data in order to create a better future.”
Manufacturing Execution Systems
He states that conventional centralized production control solutions will eventually become ineffective as a result of Industry 4.0. “Manufacturing Execution Systems (MES) and other upcoming technologies in manufacturing will be developed to support this design shift. From raw material inputs to exported goods, the MES will make sure that all aspects of tracking, documenting, and managing the production process are kept up to date centrally,” he adds.
Drawbacks and advantages
Due to the significant advantages that digital transformation processes may provide, Dhawal Gupta says that it is highly likely that the majority of manufacturing organizations will adopt and implement them in their various divisions. Moreover, he feels it is hard for a company to escape the digital space if it wants to be competitive in the market.
“The process involves significant challenges. Among the issues that need to be resolved are the skills gap, the adoption of new technologies, the modified management procedure, and the rules and procedures pertaining to innovation,” he says.
According to him, managing change in a corporate environment as dynamic as the downstream aluminum industry may be a challenging task. “The organization has to collaborate across divisions and digitize the whole supply chain in order to increase productivity. During the digital transformation process, manufacturers need to manage change as a continuous process instead of a one-time event in order to meet their organizational goals,” he sums up saying.
