The Indian government ’scampaign regarding ‘Make in India’ is a wellmeaning slogan and with good intentions. In true sense it is possible to realise the goals only if we can compete globally in terms of quality, pricing and an ability to deliver on time and every time, consistently.
Going forward, we will see competition due to rapid emergence of Industry 4.0 in all spheres of manufacturing in various parts of the world.
Manufacturing will have to compete with Industry 4.0 – the fourth industrial revolution, which is about synchronizing the physical world with the virtual world with never-before opportunities for improved productivity and efficiency.
The future will throw open opportunities for optimisation at all levels of production, including foundries.
Digital transformation is taking place in all spheres – be it governance, delivery of various services, smart cities, smart homes or transportation. Industry 4.0 is the digital version of industry. The essential parts of industry 4.0 are 6 Cs, ie, Connection sensors & networks; Cloud - computing & data on demand; Cyber- mode and memory; Content -meaning and co-relation; Community - sharing and collaboration; and customisation -personalization and value.
この記事は Steel Insights の March 2018 版に掲載されています。
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この記事は Steel Insights の March 2018 版に掲載されています。
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Seaborne coking coal offers moved in a narrow range in October amid global supply tightness and healthy spot demand.
Global crude steel output down 8% in September
China manufactured 74 mt in September, fall of 21% y-o-y while India’s production went up by 7% to 10 mt.
MOIL embarks on expansion projects
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Shrinking China output to boost India exports
“In the third quarter of 2021, the company actively responded to the pressure from external policies, such as production curtailment and dual control system on energy consumption and intensity, as well as coal resource shortage and surging prices.” Baoshan Iron and Steel Co Ltd
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Indian Railways in April-September of 2021 (H1) transported 84 mt of iron ore, up by 25% over 67 mt during April-September 2020.
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Right and scalable technology, appropriate policy guidance by government, access to finance to fund transition, willingness of customers to pay for cleaner products and infrastructure for use of new technologies are the need of the hour for the sustainable and cleaner steel industry, according to Madhulika Sharma, Chief Corporate Sustainability, Tata Steel.
