Tamil Nadu to set up advanced manufacturing hub in partnership with WEF

It will boost end-to-end manufacturing of higher-tech products, higher-value sectors in the state, say officials

PMI
The Advanced Manufacturing HUB or AMHUB is one of the 19 platforms designed by the WEF. (Representative image)
T E Narasimhan Chennai
2 min read Last Updated : Oct 08 2020 | 9:29 AM IST
Guidance, nodal investment promotion and facilitation agency of the state of Tamil Nadu has partnered with the World Economic Forum (WEF) to establish India’s first advanced manufacturing hub (AMHUB) in Tamil Nadu.

Neeraj Mittal, MD & CEO, Guidance, Francisco Betti, Head of Advanced Manufacturing and Production, World Economic Forum and Ion Cronin, Project Lead, Advanced Manufacturing & Production, World Economic Forum witnessed the partnership between Guidance and the World Economic Forum on Wednesday evening.

The Advanced Manufacturing HUB or AMHUB is one of the 19 platforms designed by the WEF. This platform focuses on engaging entire regional production ecosystems to identify and address regional opportunities and challenges brought by the Fourth Industrial Revolution (4IR) by amplifying regional success stories, sharing best practices & incubating new partnerships, said Mittal.

AMHUB will help the production ecosystem in Tamil Nadu by identifying and addressing regional opportunities brought by the Fourth Industrial Revolution, highlighting and amplifying regional success stories globally and engaging directly with other AMHUBs through WEF’s network of AMHUBs to share best practices globally, he added.

“As an important contributor to the manufacturing sector in India, Tamil Nadu will utilise the AMHUB to adopt IoT and other emerging technologies for advanced manufacturing to sustain and create new avenues of manufacturing growth," said Mittal

“Advanced manufacturing will boost end-to-end manufacturing of high-tech and high-value products in Tamil Nadu and will shape the future of advanced manufacturing and production,” Mittal added.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :manufacturing World Economic ForumTamil Nadu

Next Story