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Manufacturing

Quality & innovation to frame the growth of food processing industry

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The food processing industry in India is increasingly seen as a potential source for driving the rural economy as it brings about synergy between the consumer, industry and the farmer. A well-developed food processing industry can increase farm gate prices, reduce wastage, ensure value addition, promote crop diversification and increase export earnings. However, food processing activity is still at a nascent stage in India with low penetration. The challenges for the food processing sectors are diverse and demanding and need to be addressed on several fronts to derive market benefits. Food industry is facing technical and economic changes owing to society, consumption trends and food processing. This fact has affected significantly the entire food supply chain (e.g. distribution of food to...

Can AI be a core enabler for Industry 4.0?- AI and the Manufacturing Sector

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Case: A fortune 500 manufacturing company (discreet) utilized machine learning for inventory optimization and improving analyst performance. This implementation alone resulted in 28-52% savings in inventory holding costs resulting in US$100-200 million economic value.1 Unbelievable, isn’t it? Truth be told, manufacturers across the world are launching projects and constantly testing to determine if AI, Machine Learning and IoT can benefit their operations by automating processes, reducing energy consumption and increasing profits.2 According to NASSCOM’s latest report on Uncovering the true Value of Artificial Intelligence, AI will act as a core enabler for manufacturing units aiding in transformation towards industry 4.0 and helping them overcome burning challenges like: Creating quality ...

Manufacturing Industry and COVID-19! Is there a way to survive?

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The manufacturing industry is one of those sectors that solely depends on huge manpower for their operations. Many industrialists in the manufacturing sector are estimating that the COVID-19 crisis is going to affect them the most in comparison to others. There are some calculated facts giving rise to this concern among the manufacturing giants. Even though the government may lift the lockdown after some time, the economic slowdown will persist. Most of the manufacturing industries depend on outstation employees for working in their plants. But, nowadays, all of them have returned to their home towns due to lockdown. So, even with the lifting of the lockdown, finding workers to work in the plants will be difficult. What we are talking about here is Industry 4.0, i.e. the ultra advancement ...

COVID19: Webinar On How Digital Technologies Look Poised To Lead New Era In Smart Manufacturing

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NASSCOM CoE Gandhinagar conducted the 1st edition of Manufacturing Under Lockdown – a series intended to help and guide professionals on managing and navigating out of lockdown in manufacturing. More than 300 people registered and 170+ professionals across manufacturing enterprises joined this program. Summary and key takeaways from the webinar: NASSCOM CoE, an initiative by Meity and state Governments of Gujarat, Karnataka and Gurugram, is the biggest nationwide platform for innovation sandbox to solve real complex business problems, collaboration across the best minds from industry, academia, start-ups, and Government, and to develop the right platform for future technologies. FUSION4.0 was introduced as an initiative dedicated for Industry engagements and developing collective cap...

India’s Moment to Shine in the Long-Lost Manufacturing Space – Take 1 – Mobile Manufacturing

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Anger, fear, or sheer practical business sense – call it whatever – but something tectonic, this time above Earth’s crust, is happening due to Covid-19. 1000 odd companies have been reported actively discussing plans to shift their complete manufacturing base out of China! Huge! These are units manufacturing mobiles, electronics and components, medical devices, textiles, and synthetic fabrics. This has further added to the strong reshoring voices that have risen up due to Covid-19. Let’s just look at global mobile manufacturing patterns. China rules the roost. By end of 2020, projections are that China will have produced 1.935 bn units = 38% of the global production of ~5.1 billion units (a Covid-19 dent will appear in the charts). It was in year 2000 that China overtook world-leader USA i...

NASSCOM CoE Gandhinagar Leads Nationwide Industry Co Create Program For JK Lakshmi Cement Ltd

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The first edition of FUSION 4.0 – Forum Uniting Startups On Industries on New Technologies – was an exciting event that witnessed several senior leaders of JK Lakshmi Cement discuss at length their company’s use cases & their ongoing challenges with participating product startups Following a nationwide call for startups to apply and a selection process, 10 startups were invited to participate in an exclusive brainstorming session with JK Lakshmi Cement’s senior leadership. Six startups have submitted their project proposals and a PoC will shortly be initiated with relevant proposals, starting with the Kalol Plant in Gandhinagar One of the hallmarks of being a part of an evolved industry ecosystem like NASSCOM Center of Excellence is connecting the most relevant solution seekers to inno...

Benefits of Blockchain in the Manufacturing Industry

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Blockchain technology has started reaching high in the market and also have a huge impact on the manufacturing industry. In the current days, the world highly gains attention towards terms like cryptocurrency, bitcoin, ethereum token, and blockchain. The reason is nothing that most of the peoples are getting more benefits from those technologies, especially blockchain. When it comes to blockchain technology, it has evolved a lot in the market and has brought more benefits. In this article, I am going to cover blockchain technology, its evolution and how blockchain technology helps in the manufacturing industry. Lets we start a discussion with blockchain and how it has an impact on different industries. What is Blockchain Technology? Initially, Blockchain is just one of the technology which...

Verizon and Honeywell Enable Utilities to More Quickly Deploy LTE Smart Meters

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Verizon has teamed up with Honeywell to help utilities speed up and simplify the deployment of new communication-enabled, intelligent sensors and controls for the smart electric grid.  By integrating Verizon’s Managed Connectivity LTE solutions into Honeywell’s next-generation smart meters and other electric, gas, and water solutions, the two companies will drive energy savings by more quickly deploying smart electric grid technologies.  These technologies allow consumers to use energy at the optimum time and help utilities manage and plan for peak demand. Combining Managed Connectivity, which will be offered as a service on Verizon’s LTE network, with Honeywell Smart Energy software, hardware and services, the collaboration will provide utility companies with a highly scalable, fully mana...

Machine Safeguarding for Productive, Flexible Manufacturing

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Regardless of the severity, industrial accidents are tragic, since most are avoidable. Repeated safety violations and industrial accidents across the globe suggest that manufacturers are under immense pressure to meet production goals. The challenge is that many brownfield operations and small to medium size manufacturers have not implemented effective machine safeguarding measures. A large majority of installed machines in brownfield operations do not comply with the latest safety regulations. This also suggests that these same manufacturers may not understand the business benefits of safeguarding the workforce. Manufacturers often continue to operate a production machine disregarding safety because they may not be aware of the associated business benefits. However, the industry has enter...

Choose the Right Level of Predictive Maintenance

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The terms Predictive Maintenance and IoT have been intertwined and used significantly over the last several years has caused the true meaning of prediction in this context to be difficult to ascertain.  These variations or differences in what a Predictive Maintenance program is and how it is actually construed has caused Manufacturers and distributors to believe they are conducting a predictive maintenance program for their operations or field services when in fact they are actually providing a more exact condition-based preventative maintenance program and clouding the reasons why they originally pursued this endeavor. Understanding why this is such a widely pursued initiative provides critical context for understanding a predictive maintenance program.  Maintenance is purely a cost, and ...

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