Page 21 - Manufacturing Sector
Manufacturing companies' sales improve in Q3, profit subdued: RBI
The net profit of the manufacturing companies declined by 2.4 per cent in the third quarter, RBI said
 "Manufacturing companies' sales improve in Q3, profit subdued: RBI")
Manufacturing should be mandated as a key driver of growth: Amitabh Kant
The right ecosystem is that we are in a globalised world and have to be a part of the global supply chain: Niti CEO
 "Manufacturing should be mandated as a key driver of growth: Amitabh Kant")
Manufacturing sector sees cultural barrier in digital shift: L&T Tech CEO
L&T Technology Services said manufacturing companies across different nations would need a major "cultural shift" before they adopt to new technologies such as internet of things (IoT). Chief executive officer of the engineering services arm of L&T, Keshav Panda, said he has seen major cultural barrier amongst a customers across different global markets towards digital transformation, even as the manufacturing sector is readying for Industry 4.0, the age of smart factories. Panda, who is an aerospace engineer and worked on India's light combat aircraft Tejas and on the country's satellite programme, said the shift towards technology-enabled manufacturing practices, where data from machines will automate operations, amongst customers across the globe "have just started" and majority of them are worried about the transformation and customer experience. "The engineering transformation, I believe, has started (and) 75 per cent of our customers are still thinking about how to go ...
 "Manufacturing sector sees cultural barrier in digital shift: L&T Tech CEO")