8 Key Insights for Manufacturing for 2023

India’s Union Budget 2023 is seen as a turning point to increase the contribution of the manufacturing sector to 25% of the GDP by 2025. Industry 4.0 and the adoption of cutting-edge technologies to digitalize production, operations, and supply chain are leading to more automation, efficiency, and higher productivity. According to StrategINK’s research report, 545 C-suite respondents, 75% of IT leaders in the manufacturing sector consider themselves on a path to accelerated digital maturity. Based on the same report, we have identified 8 key trends which are likely to determine the future of manufacturing in the
the year 2023.

 

Disclaimer: The views expressed in this feature article are of the author. This is not meant to be an advisory to purchase or invest in products, services or solutions of a particular type or, those promoted and sold by a particular company, their legal subsidiary in India or their channel partners. No warranty or any other liability is either expressed or implied.
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