How technology is reshaping India’s manufacturing story

By Vinod Kumar, Partner and Leader – Manufacturing Sector, PwC India, and Ankur Basu, Partner, One Consulting, PwC India

The manufacturing sector, considered to be the fulcrum of India’s journey to Viksit Bharat 2047, is adopting advanced technologies to modernise the way plants are run, and goods are produced. Digital twin, Robotics, Drones, Additive manufacturing etc. have demonstrated their capability in achieving productivity and sustainability goals set by companies.

To make India an Advanced Manufacturing Powerhouse by 2035, multiple policies like PLI, Make in India, India AI mission, DPDP act, Skill India mission, etc. will provide much needed impetus. However, India’s manufacturing sector is shifting its focus from productivity to ‘sustainability and innovation. What was once an efficiency-led system is now evolving into an intelligence-led ecosystem powered by advanced technologies, real-time data and a more holistic approach to competitiveness.

With the sector’s priorities now expanding ...