AS A POWER INTENSIVE SECTOR, THE manufacturing industry is required to look at innovative ways to pare down energy consumption. While there are numerous devices available in the market, the question here is not only about reducing energy consumption, but also operational costs while remaining competitive.
Not only is the Indian manufacturing sector one of the major contributors to the country’s GDP but it also plays a crucial role as an employment generator. From MNC’s and large-scale companies to even MSME’s in manufacturing, have considerable contribution in the growth of the sector. However, keeping expenses in check is a priority and hence, the need for energy efficiency which, if done correctly, not only contributes to significant savings in the long term but also helps in reducing the adverse effects on the environment and controlling pollution.
Keeping this in mind, more and more manufacturers are becoming energy efficient, contributing towards reducing their global carbon footprint and greenhouse gas emissions. Internationally and locally, the focus on adopting greener and sustainable practices is rapidly increasing. There is an overall push towards a green economy, in turn encouraging manufacturers to adopt sustainable business practices. From digital and paperless documentation, cloud computing, automation and use of emerging tech like AI, ML and AR for smarter and energy efficient operations, manufacturing and other industries, are working hard to inculcate greener solutions while maintaining production and profits.
Bu hikaye Manufacturing Today dergisinin March 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Manufacturing Today dergisinin March 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Why expertise in process fluid solutions is key to aerospace manufacturing performance
India's aerospace sector has become a global hotspot for innovation, supported by a skilled workforce, cost advantages, and conducive policies. With top multinational corporations setting up manufacturing bases in the country, the industry is on an impressive growth trajectory.
AUTOMOTIVE: Auto PLI scheme drives Rs 20,715 Cr investment, boosts sales by Rs 10,472 Cr
With ongoing support for EVs and battery storage, India is set to lead in automotive technology.
Airbus selects Indian manufacturers for key A220 door parts
The collaboration between Dynamatic Technologies and Aequs underscores their shared dedication to excellence and innovation in aerospace manufacturing.
L&T secures ₹7,628 cr contract for Vajra artillery guns
The Ministry of Defence has signed a ₹7,628 crore agreement with Larsen & Toubro (L&T) for the procurement of K9 Vajra self-propelled artillery guns to strengthen the Army's firepower.
Jaya Hind Industries Crafting the Future of Manufacturing Through Innovation and Precision
India’s manufacturing renaissance owes much to Jaya Hind Industries Private Limited, a trailblazer in the sector for over seven decades. Part of the esteemed Dr Abhay Firodia Group, the company began its journey in 1947, evolving from a producer of basic auto components into a global leader in aluminium diecasting solutions. Serving some of the most respected Original Equipment Manufacturers (OEMs) worldwide, Jaya Hind has consistently redefined manufacturing excellence.
DIGITALIZATION: Digital transformation for chemical plants
The Indian chemical industry, contributing 7% to GDP, embraces digital transformation, IoT, and AI to enhance safety, sustainability, energy efficiency, and predictive maintenance.
What's next for the manufacturing industry in 2025?
Industry opinion on the year ahead in manufacturing.
Closing the skills divide
Bridging India's skills gap in manufacturing and engineering is crucial for equipping the workforce with the necessary expertise in emerging technologies like AI, IoT, and automation
Machine tools surge
From cutting-edge technology to global integration, these developments are reshaping India's machine tools industry and paving the way for its transformation and growth.
SHAPING THE FUTURE OF MANUFACTURING WITH INNOVATION AND COLLABORATION
Rajendra S. Rajamane, President of IMTMA, discusses how IMTEX 2025 will showcase emerging technologies, promote global collaborations, and tackle industry challenges.