Sougandh KM
The manufacturing sector is an important pillar of any country’s economy. It contributes to employment, GDP growth, and exports. To increase productivity and efficiency of manufacturing, many businesses worldwide have already transitioned into Industry 4.0 with smart manufacturing, integrating advanced technologies such as automation, robotics, artificial intelligence (AI) and Internet of Things (IoT),
Indian government has been taking various steps to boost the smart manufacturing sector in India and one such initiative is the Production Linked Incentive (PLI) scheme. A flagship initiative of the government to promote manufacturing in India, the PLI Scheme was launched in 2020 and […]
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