SPONSORED : If we look into the history, the industrial revolution, in different parts of the world can be visualized as waves. For pre-independent India , its private sector , English and a number of American companies had already led the foundation of modern Indian manufacturing. Nehruvian era saw building of big public enterprises such as steel plants, dams, power hoses and like.
Over the last 5 decades, with its highly vibrant & dynamic private enterprise, manufacturing has emerged as one of the key jewels of the Indian economy. With its combined GDP contribution of 15.24% and 6 million strong employed workforce, manufacturing has shown huge potential and ability to take the Indian economy to higher growth trajectory.
The Indian Government is taking actions on all fronts, either through policy making or by improving bilateral trade relations to promote the manufacturing industry. In 2011, Government of India launched its National Manufacturing Policy (NMP) to add wings to this sector. Clearly, the intent was to have manufacturing contribute at least 25% of the GDP by 2022 from the current 15-16%. The government also formed a Cabinet Committee on Investment in January 2013 and has cleared several big-ticket projects to give impetus to overall manufacturing growth.
However, despite various initiatives undertaken by the Government, the sector is suffering with various constraints of easy access to finance, technological upgradation, infrastructural support, complex regulatory system etc.
According to PWC’s 17th Annual Global CEO Survey, CEOs in the industrial manufacturing sector are considering high-growth markets outside the BRICS over the next three to five years. For Indian manufacturing to stay competitive in global arena, they must sharpen their productivity & profitability by faster resolution of issues related to IT adoption.
With the rising price of raw materials, complex supply chain, fluctuating global demand and longer product life cycles, more and more companies are finding the idea of procuring from low cost manufacturing centers (like India & China) extremely lucrative. But without a virtualised platform, it’s difficult for multiple parties to stay on the same page with one another and there is a very high possibility of communication breakdowns.
While on one side cloud opened the front doors of scalability & growth for Indian manufacturing companies, it also opened back doors for the cybercriminals who are constantly attempting to gain proprietary information on inventory counts, production systems and company secrets.
Over the years, HP has done some pathbreaking work to drive IT optimisation for manufacturing industry. In order to help manufacturers deal with the challenges that comes with globalisation, HP offers unique solutions for their business transformation. HP’s Compliance Data Exchange (CDX) & International Material Data Systems (IMDS) allows manufacturer to comply with global environmental legislation by accessing hazardous material related information in real time for better global compliance data management.
HP’s enterprise class IT optimisation services significantly reduce the R&D, design, development & assembly costs by automating a lot of manual processes so that the focus is shifted from IT maintenance to product innovation.
With its innovative PLM (Product Lifecycle Management), HP enables shorten time to market while keeping the business efficiency & productivity intact for manufacturing IT. With fanless solid state design, HP’s Thin Client Solutions offers a reliable & secure virtualisation for manufacturing, oil and gas exploration segments who needs high performance, multimedia applications support.