Kolkata : India’s manufacturing sector stands at an inflection point backed by adoption of emerging technologies and advanced automation techniques, senior industry experts said at the 4th Edition of Manufacturing Conclave 2025, organised by Assocham here on Friday.
The transformative policies such as Make in India, the National Manufacturing Commission, etc., have unleashed huge potential for attaining global competitiveness. The theme for the conclave: Powering the Future of Manufacturing – Local Touch, Global Impact, will shape the roadmap for the next round of growth in the manufacturing sector, said Mr Ananta Mohan Singh, Chairman and Managing Director, Andrew Yule & Co.
Highlighting the importance of adoption of emerging technologies and advanced automation techniques, he said, “Technology has bridged the gaps and helped businesses to grow rapidly. The recent pandemic and the related disruption in supply chain have highlighted the need for inclusiveness, sustainability, resilience, agility. That calls for local manufacturing where the local population is included in the growth process and in turn it contributes to the global economy,” Singh said.
“The local touch will be the unique advantage, regional talent, inclusivity, understanding of immediate consumer needs. The global impact will be the ultimate purpose by using the technology to advance the collective goals for sustainable and prosperous future. Let us embrace this shift, believe in ourselves and empower our people as next round of innovation is going to be built right here and by the local people,” he pointed out.
Assocham released a Knowledge Report entitled “Reimagining India’s Manufacturing Growth”, in partnership with Primus Partners at the Conclave on Friday. The Knowledge Report focuses on the emerging shifts in global manufacturing, identifies India’s key growth drivers, and outlines actionable pathways for both government and industry to accelerate transformation.
“Going forward, it is necessary that we invest more in building integrated infrastructure, build skill gaps, encourage digitalization and technology development, focus more on R&D and innovations, develop a circular economy and deepen our reach in global markets to make India a vibrant and global manufacturing market,” said Mr Subrata Roy, Co-chairman, Manufacturing Sub Council – East, Assocham.
According to Mr Avijit Mitra, Chairman, Manufacturing Sub Council – East, Assocham, AI- enabled process and smart manufacturing will enable India to focus on local manufacturing. The 3S – skill, scale and sustainability will be important pillars of success for manufacturing in the country, he said.
