MANUFACTURING & AI – A SYNERGY FOR AGES TO COME
AI – Artificial, rather, Alternative Intelligence, matters the most now than ever, especially in the Manufacturing Value Chain. Necessity drives the adoption, as India embarks on its journey to ensure Manufacturing Contributes to atleast 25% of GDP, which shall make India more relevant in the Global Economy. Demographic Dividend, both Domestic and Global, determines the choices and preferences of emerging Society, and therefor Technology Adoption.
In a Populous Country like India, its important benefits of the Value Chain are quintessential to gain Social Equilibrium and Market Buoyancy. India shadowed so far by the exuberant neighbor has to leverage all possible means to move up from being an Alternative to a Preferred choice to Chinese Counterparts.
Evolution of Manufacturing
From post war Industrial Era through Consumer & Information Era, the current era can be termed as Intelligence Era. GDP has grown to present levels, despite getting skewed towards Services, only because of the Growth in Manufacturing Value Chain, ably supported by Domestic Consumption – A stark difference to that of Export Oriented China, which also gives India a cushion from external turbulences.
