Manufacturing Beyond 2022 | mojo4industry development debate
Indian economy is in a rebounding mode with the government talking about a V-shaped recovery post COVID-19 pandemic. There are signs of rapid growth as far as the economic indicators are concerned. The nominal GDP growth of 23.9 per cent in first half of the current fiscal indicates a positive growth.
Manufacturing will remain a key component for the economic prosperity of this country. As we all know, India has the potential to become a global manufacturing hub and as per data, by 2030 it is going to add to the tune of 500 billion US$ annually to the global economy.
Although there are tremendous potential, India’s manufacturing value chains need to embrace innovative technologies that help them to stay ahead of industry trends and keep pace with the competition. At the same time, manufacturers have to remain agile and find ways to respond to fast-changing consumer demand.
In this mojo4industry development debate on: Manufacturing Beyond 2022, experts take a closer look at what 2022 is likely to have in store for India’s manufacturing sector. They also highlight the key manufacturing trends to watch for.
Speakers
- Chandrashekar Bharathi, Founder & MD, AceMicromatic MIT
- Rajesh Nath, Managing Director, VDMA India
Knowledge Partner: Kasstech Aerospace (https://www.kasstechaerospace.in/ )