History of automation in the manufacturing industry

#History of automation in the manufacturing industry software#

Owners of such factories believe that they have no choice but to automate.

Wages for certain jobs in China have risen to $1,000 per month and so factories in China are losing their low-cost manufacturing edge. Automation raises living standardsДЄs of 2018, many factory owners in China fear that they cannot compete with factories in lower-cost nations like Vietnam. Industries in India like the automotive, chemicals, and mining industry are automating processes and making such processes more innovative. Demand for factory automation has given an impetus to the industrial automation industry in India. It is this increase in efficiency that is leading many Indian manufacturers to automate processes. It is widely agreed that automation makes manufacturing processes more efficient and leads to fewer defects. Yet the industrial automation industry in India is expected to touch $3.5 billion by 2020, and by then the manufacturing sector alone is expected to create 90 million new jobs.

Automation in manufacturingД¬onventional wisdom tells us that automation steals manufacturing jobs. Furthermore, it is also estimated that by 2025 IndiaвЂ™s manufacturing sector can grow to be a $1 trillion dollar sector. IndiaвЂ™s leaders have set a target to increase the share of manufacturing to 25 percent of GDP by 2025 from its current 16 percent. A multi-billion dollar defence deal wherein a French Aircraft manufacturer was awarded a contract to supply fifth-generation fighter jets to the IAF, only if it agreed to procure certain inputs from within India, shows the importance theВ countryвЂ™s leaders place on nurturing domestic manufacturing. The mantra is that companies can sell anywhere they want but they should make in India first. To take advantage of the countriesвЂ™ вЂњdemographic dividendвЂќ, the government, it is felt, needs to create manufacturing jobs that pay well enough for young men and women to support their families.Д¬urrently, many leaders in India hope to create jobs and attract Foreign Direct Investment in India, transforming India into the next China.

#History of automation in the manufacturing industry software#

Young Indians need manufacturing jobs as not everyone can work as a software engineer or BPO executive.

TodayвЂ™s leaders also believe that it is the manufacturing sector and not services that will provide jobs for millions of unemployed Indians. Image: Pixabay The vision of contemporary leaders