Scaling up to Achieve Global Manufacturing Excellence is India’s Manufacturing Trajectory

Global Manufacturing

The stage was set for the 3rd episode of CEO Dialogues, a platform igniting discussions on India’s role in becoming a global manufacturing hub. The dialogue centered around critical topics, including India’s ambitions of elevating manufacturing to 25% of GDP by 2050, steering economic growth, and mechanisms to fuel this evolution. Under “Innovation, Digitization, Sustainability: Scaling towards Global Manufacturing Excellence,” the event emphasized India’s commitment to quality and competitiveness, positioning it as a global contender.

The expert panel, guided by Shereen Bhan, enriched the discourse. Sanjeev Krishan, Chairperson of PwC India, along with industry stalwarts like Bharat Kaushal, MD of Hitachi India Pvt. Ltd., discussed innovation. Shashank Shrivastava of Maruti Suzuki highlighted the automotive sector’s potential, B Thiagarajan of Blue Star emphasized sustainable manufacturing, while Preeti Bajaj of Luminous Power stressed digitization’s importance. Atul Lall of Dixon Technologies discussed indigenous manufacturing, and Sunjay Kapur of Sona Comstar balanced innovation and growth. Sudipta Ghosh of PwC India discussed the future-ready manufacturing landscape.

Panelists addressed integrating ESG into corporate strategies, emphasizing Industry 4.0’s role in achieving goals. Atul Lall noted India’s shift in electronics manufacturing, paralleling the automotive industry’s transformation. Maruti Suzuki’s vehicle subscription plan aimed to boost automobile penetration. Sanjeev Krishan and Sunjay Kapur stressed sustained technology investment, while B Thiagarajan highlighted transformation prospects. Preeti Bajaj discussed digital skilling’s importance, especially in smaller towns.

Collaborative partnerships and R&D’s role in propelling industries were discussed by Atul Lall and Sunjay Kapur. Panelists explored fostering innovation through risk-taking and experimentation. CEO Dialogues’ insights serve as a compass guiding India towards a prosperous manufacturing future.