The Panel envisions the Factory of Future as the manufacturing landscape changes. | So Good News
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As India aims to become a $5 trillion economy, its manufacturing sector will play a key role in driving growth. data analysis; With digitalization and the Internet of Things (IoT), today’s technology has the potential to transform manufacturing and create the smart factories of the future. In the latest episode of the Mint Zetwerk Smart Manufacturing dialogue in partnership with Zetwerk; In collaboration with Zetwerk, business leaders can develop specific interventions; Uses and success stories were discussed. The meeting was held by a senior partner. Assessed by Sudipta Ghosh of PwC India.
Discussions started with the aviation sector. “Tomorrow’s factory should say the three Ds.” The first D is ‘done’; The second one is ‘dirty’; The last is ‘danger’. As an industry, We are almost in the transition process and all the adaptive changes from the old way of organization to Industry 4.0 are happening right now,” said Ganapati Hebbar, Sponsor and Development Leader, Boeing India.
Co-Founder Ankit Fatehpuria; Zetwerk provides demand visibility; Key factory issues such as inventory management and production lead time were identified, and Zetwerk addressed these issues and built them into the factories of the future. “The factory of the future is cost, Time and cargo need to depend on 3 parameters. If a factory can solve these three factors with applied technology, it will become the factory of the future for us. Another quality that I think a factory should have is close to 100% First Time Right (FTR),” Fatehpuria said.
Zetwerk works with over 5,000 MSMEs and takes orders from delivery customers using cloud manufacturing solutions because it has no factories. “What is the factory as a customer? You never know where they are located and what kind of products they are making, but you can get your products on time. Quality and best prices available. This is one of the trends that is happening today and it is likely to expand to some extent,” he said.
Smart manufacturing is not possible without smart logistics. Pipavav Railway Corp. Ltd. According to Sanjiv Garg, Managing Director of The main challenge in logistics is first-mile and last-mile connectivity, with the advantage of door-to-door delivery with only one road. “The charge for a major part of a piece of freight might be X, but for the last mile and the first mile, X plus X will be 3X,” he said.
India needs to boost manufacturing to transform into a developed nation. “The main trends driving this are digitalization, As people talk about IoT-connected products, it will become a pretext for smart manufacturing. Thirdly, How to plan for your production needs We will treat your suppliers; How you command is another avenue for artificial intelligence insights,” said Sarvadeep Chauhan, VP, Luminous Power Technologies (P) Ltd.
Factories are also considering initiatives to slow climate change. Consider India’s steel industry, which contributes nearly 7% of global CO2 emissions.
“India has the operational capacity for 126 million tonnes of steel and by 2030 we are aiming to produce 300 mt of steel. At that rate we would produce 700 mt of CO2. Therefore, 2.5 tons of CO2 per ton of crude steel. At this time, Industry and the ministry are focusing on how green hydrogen can be used to reduce emissions from gray to green,” said Naveen Ahlawat, Chief Procurement Officer, Green Hydrogen and Emissions Projects, CCSU. JSPL
India is a young country and rapid digital adoption is changing consumer behavior. This will lead to a change in factories. “The paths, I see frequency and expectation in three parts. How factories and the manufacturing ecosystem are evolving to accelerate change Synthesizers; Software systems are involved in manufacturing and material sourcing is becoming important,” said Sourabh Raghuvanshi, vice president of supply chain and e-commerce. Lava International
How do you see the factory of the future? Sanjiv Rangrass, CEO of ITC Agriculture, said, “If I were to build a factory, I would build it using sustainable practices. It will ensure that the plant is only allowed to use green power. I only use green steel and its construction factory is watertight. carbon neutral; This will ensure that the plastic is neutral. Another thing for sustainability is that all workers must be close to each other to reduce transportation, and then the factory is an area; 2 years, We’re going to make sure it fits all three.”
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