Messe Frankfurt India recently concluded a webinar titled ‘Future of Factory Automation in Automotive Manufacturing’. The stakeholders of the automotive industry got together to lay the roadmap of future factory automation. Capitalising automation in the context of automotive manufacturing, the session drew attention to the industry beginning to look at it as an asset in the balance sheet rather than an expense in the income statement. The role of Industry 4.0, the introduction of next-generation digital technologies, roles, and contributions of different stakeholders took centre stage. Drawing attention to the strengths, weaknesses, opportunities and threats, machinery safety, services, and solutions were cited as crucial to developing best manufacturing processes. With the backdrop of social distancing and limited manpower deployment in the aftermath of the pandemic, mentioned Sudhanshu Kantoor, GM - Product Management, Pepperl+Fuchs that automation solutions would cater to these limitations. “They would aid the human workforce to make their life easier. These solutions also help reduce the inventory and enable remote monitoring and remote diagnostics.” Kantoor further stressed on focus areas including component detection, collision avoidance, positioning, identification, material handling and IO link interface deployed point-to-point serial communication protocol used to communicate with sensors and or actuators pertaining to factory applications.
Business Threats
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