prolim symposium event

Symposium on Industry 4.0

When – 9th November 2023

Where – Hotel Radisson Blu, Bengaluru

Event Overview:

Industry 4.0 is no longer a buzzword or nice to have technology in our various sectors, especially the MANUFACTURING sector. The 4th Industrial Revolution, driven by smart, interconnected devices leading to smart autonomous factories, is a significant program for enhancing the competitiveness and growth of the Indian industry.

The Indian government plans to raise the National GDP to 10 Trillion USD in the next 10 years and the share of the manufacturing sector to 25% of GDP through a slew of measures including Atma Nirbhar, Make in India, and Digital India mission. The success of this mission depends on not only large enterprises but millions of MSMEs that add 60 to 70% of the value addition in the products especially in the engineering and automotive sectors.

Large Industries & MNCs are ready to replace traditional manufacturing with Smart Manufacturing, whereas MSMEs lack awareness and the will to adopt the new technologies. MSMEs will require policy support and infrastructure from the State as well as the Union government, besides financial incentives to accelerate the initial adoption. MSMEs would then realize the Business Value generated by the adoption of such tools for their day-to-day operations.

ASSOCHAM Southern Region has created a Forum of Industry 4.0 experts, which aims to bring awareness and hand-holding for MSMEs through several innovative means such as the Hub & Spoke model between OEMs and their Supply Chain MSMEs towards making a digitally enabled ecosystem industry. The first milestone of this 3-year roadmap is to conduct a series of ROADSHOWS in various industrial clusters. Keeping the above context ASSOCHAM Southern Region is organizing a- day Symposium

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