Meanwhile, commenting on the new SMCC platform in Ahmedabad, NASSCOM president Debjani Ghosh said that the platform will foster a collaborative ecosystem among digital startups and SMEs in the manufacturing sector.
"Today, India’s 90 per cent manufacturing companies are SMEs that account for 33 per cent of manufacturing GVA and 45-50 per cent of exports, but they lag in tech adoption due to scale, financing, and leadership challenges. Digitalisation is not really a choice today but rather a necessity for the sector to bring business performance stability and broaden its reach. The first of its kind globally, the Smart Manufacturing Competency Centre will foster the right collaborative ecosystem with the support from the government, academia and the industry that will aid the growth of the Indian manufacturing sector and make India a global hub for digital manufacturing," said Ghosh.