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IISc and TalentSprint partner to power India s digital transformation in manufacturing ANI | Updated: Jul 12, 2021 12:26 IST
Bengaluru (Karnataka) [India], July 12 (ANI/BusinessWire India): Industry 4.0 is fuelling the emergence of smart factories globally, across diverse verticals such as FMCG, automotive, healthcare, aerospace and defence.
Adoption of connected and intelligent digital technologies is transforming traditional manufacturing shopfloors into smart factories, enhancing productivity, profitability, compliance and customer delight.
According to Mordor Intelligence, the digital manufacturing market is growing at 19.48% CAGR and will reach $767.82 billion by 2026, with fastest growth in APAC. In India, COVID 19 has significantly catalysed shopfloor digitalization.
According to a recent Gateway House study conducted in partnership with EXIM Bank, digital transformation in manufacturing is the next leap for India s tech leadership,
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