SME Times News Bureau | 05 May, 2022
Union
Minister of State for Commerce & Industry Anupriya Patel has
called upon the Small and Medium Enterprises (SMEs) to adopt technology
towards raising productivity and promoting sustainability.
Addressing
the Inaugural Session of the First FICCI Industry 4.0 Awards function
and Conference on Thursday, the Minister assured the industry of
Government’s support and urged them to take the ‘Industry 4.0’ to Tier-2
and Tier-3 cities.
“The
adoption of Industry 4.0 is something that we have to do together.
Manufacturing (and) Exports, both have to contribute, because in the
post-pandemic scenario, you all know how the supply chains have been
disrupted and there is a tremendous opportunity which lies ahead for us,
for the country,” said Patel.
Patel said, after the three Industrial Revolutions, we are now headed
towards the 4th Industrial Revolution, - ‘Industry 4.0’, which is the
trend of Automation & Data Exchange at all levels of production
aimed at increasing productivity, efficiency and also addressing the
issues of sustainability, climate change and host of other such relevant
ideas.
Stating
that the Prime Minister Narendra Modi has a big vision for
India@2047, Smt. Patel said the Government is committed towards
transforming India during the Amritkaal, the next 25 years.
“Industry
also has a big contribution to make and one such contribution could be
moving towards the adoption of Industry 4.0. Industry sector, in a major
way, can contribute to the economic development which is both
sustainable and also inclusive,” she said.
Patel said both Manufacturing and Exports will be India’s growth
drivers during the Amritkaal. She listed out the Government’s
initiatives towards facilitating Manufacturing including the PLI and
EODB and promoting exports by pursuing various FTAs such as the
India-UAE CEPA and India-Australia ECTA.
She said the Government is committed to creating industry friendly and a conducive environment.
“Today,
Government of India’s role has changed from being a regulator to a
facilitator… We have given tremendous emphasis on the creation of
industrial infrastructure, how much we are reducing the burden of
compliances, the National Single Window (System) portal has been
launched, we have jumped many positions in terms of Ease of Doing
Business,” she said.
The
Minister said that in just over five years India has emerged as the
world’s third largest Startup ecosystem after the US and China and last
month we achieved the distinction of having 100 Unicorns.
“So
just look at the journey of the Startups, and this Unicorn wave is
still going on, it is going very strong, this boom is continuing, I
don’t know how much more we have to see in this year,” she said.