Mfg Cos will become digital ones in a decade: Official

Top Stories

»	Indian equity indices end slightly lower ahead of RBI's MPC outcome
»	Indian stock market opens higher as RBI MPC begins
»	Mumbai-Ahmedabad bullet train to be fully operational by 2029: Ashwini Vaishnaw
»	Nifty, Sensex see sharp decline this week amid H-1B, pharma tariff concerns
»	Govt stands shoulder to shoulder with entrepreneurs, PM Modi pitches ‘Make in India’ at UP trade show

SME Times News Bureau | 06 Nov, 2015
Calling for turning India into a hub for design, manufacture and innovation, a top official on Thursday projected that manufacturing companies would become digital ones in ten years time.

"Manufacturing companies will become digital companies in 10 years," Industrial Policy and Promotion Secretary Amitabh Kant said while inaugurating the Bosch Smart Manufacturing Conclave in Mumbai.

"We must equip our schools and colleges with 3D machines and robots. Manufacturing will be driven by them," he said.

Bosch Engineering and Business Solutions president Vijay Ratnaparkhe said: "We believe that the use of intelligent and connected solutions in manufacturing will play an increasing role in India."

Meanwhile, Bosch India, a leading supplier of technology and services, has signed a pact with the Indian Institute of Science (IISc) for local research and innovations.

The memorandum of understanding (MoU) was signed in the presence of President Pranab Mukherjee at the Rashtrapati Bhavan on Thursday, the company said in a statement.

"This partnership between industry and academia further enforces our ties with IISc and underlines our commitment towards local innovations, according to our slogan 'Invented for life'.

"We expect to see positive results as we collaborate in research on areas of strategic interest, such as mobility, healthcare, energy and water," Bosch Group India president Steffen Berns said in the statement.

"With the MoU sign off, we look to engage in deeper research that will improve the quality of life in totality," said IISc director Anurag Kumar.