THE VDMA SYMPOSIUM ON INDUSTRY 4.0, THE FUTURISTIC CONCEPT OF MANUFACTURING, PROMISES A HOST OF LEARNINGS.
THE WORLD OVER, THE CONCEPT OF Industry 4.0 is fast gaining momentum. This new, disruptive technology based on digital innovations has recently found its curve of progression and has transformed and reshaped the way things are viewed in the manufacturing segment.
According to the International Yearbook of Industrial Statistics 2016 – published by UNIDO – with its ranking going up by three places, India has now been ranked sixth among the world’s 10 largest manufacturing countries. India is no exception to this global trend and is steadily increasing its share of global manufacturing GDP. All leading countries are embarking on major initiatives to promote manufacturing by adopting the advancements in the Internet and information technology arenas.
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