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FUTURE TRENDS IN INDIAN MANUFACTURING SECTOR Indian manufacturing industry - Big ideas defining the year ahead

Jan 29, 2021

The year 2020 has been a handful, be it in the perspective of one’s personal lives or of businesses. But in a positive light, it has pushed the country & its businesses to adopt new technologies and new ways of working & communicating with each other. The year also taught us many lessons, which otherwise was a hardball situation for India. There were some learnings and a few opportunities too. The Cover Story proffers the lessons the industries acquired in the year 2020, the current status of the industry, changing market dynamics, plans to match up to the changing dynamics and the big ideas companies are looking forward to in 2021, with inputs from industry leaders.

Sanjay Koul, Managing Director, Timken India - We must be ready for disruptions

Brajesh Kumar, Managing Director, Walter Tools India Pvt Ltd - Positive revival, yet dynamic, yet subject to many unknowns

GK Pillai, Director & Advisor, Walchandnagar Industries - Advanced technology adoption is a must

L Krishnan, Managing Director, TaeguTec India - We are very optimistic about business growth

Indradev Babu, Managing Director, UCAM & President, IMTMA - It pays to continue to be nimble

Ravi Raghavan, Managing Director, BFW & Vice President, IMTMA - Organisations with stronger supply chains will win

Parakramsinh Jadeja, Chairman & Managing Director, Jyoti CNC Automation - The only way to sustain growth is to innovate

Vineet Sahni, Group CEO, Lumax - DK Jain Group - Localisation will be a priority

Himanshu Jadhav, CEO, Jendamark India - Localisation with digitalisation will be the way forward

C S Shiva Shankaraiah, Managing Director, Trishul Machine Tools - There will be a greater emphasis on the inventory control & management

V V Kamath, Managing Director, Fronius India - Numerous inventions and many more initial ‘wow’ effects will emerge

Neeraj Bisaria, Managing Director & CEO, Premium Transmission - A modern world requires modern solutions

Sunil Rao, Managing Director, DMG Mori India - Being pro-active in understanding the new norms

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