CII in
association with its Knowledge Partner, Gyan Research & Analytics released
a dossier against the backdrop of the 2nd Edition of
the Conference on ‘Building World Class Manufacturing’ organized by CII on
12 August, 2015 in Noida.
In the
manufacturing and infrastructure industries, technology is helping enhance
productivity, profitability as well as competitiveness. The IT adoption
initiatives in these sectors are not just reducing the bottlenecks here, but
are also enabling business transformation. Through upgradation of the traditional
technologies to the use of emerging ones, IT is driving growth in these two
industries. However, such IT investments will need to be accompanied by a
well-defined strategy prepared after careful due diligence and assessment of
business requirements and an appropriate risk mitigation roadmap. Further, if
technology is the driver of change, the sector’s ability to invest in it will
need to be encouraged through focused government initiatives that are gradually
coming into play.
The
dossier also has the conference agenda, the speakers’ profile, other
materials and the background paper.
The paper
builds on the premise that for Indian manufacturing to grow at a healthy rate
and capture world markets with the “Make in India” vision, it is pertinent that
capabilities are also world class.