Not only have the CV manufacturers in India had to go back to the drawing board to redraw the best and the seemingly fool-proof strategies to conduct their business, they have had to further accelerate the shift to smart techniques. They have had to, in the process, embrace new technological developments in the area of Artifical Intelligence (AI), the Industrial Internet of Things (IIoT), automation, big data, 5G, etc. While companies like Lincode, a leading AI-powered visual inspection company with multiple patent-pending defect detection capabilities, have announced collaboration with Switzerland-based Global Automotive Alliance, which has an in-depth domain knowlegde of the automotive and manufacturing segment on a global level, the accelerating shift to smarter manufacturing techniques in the Indian auto industry at various levels is opening the doors to the next level of efficiency, expertise and productivity enhancements. Expressed Vinay Raghunath, Partner & Leader, Automotive Sector, EY India, that automotive shopfloors are evolving and adopting digital technologies as challenges like slowdown in demand, non-availability of labour, concerns on health and safety management on the shop floor assume importance. An early adopter of digital manufacturing techniques, the Indian auto industry, he added, has not been able to keep pace with the developments in view of the uncertainty relating to ROI and other factors.
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