Smart manufacturing is on its way to changing the industrial landscape. Companies around the world are in a rush to adopt advanced technologies such as the Internet of Things, Artificial Intelligence, Robotics, and Big Data Analytics within manufacturing processes. In particular, India feels this big shift as manufacturers in the country are focused on sustaining efficiency, cost reduction, and quality improvement from product offerings. Widely accepted smart manufacturing practices are of essence; they are reshaping how products are made, but they are also redefining the workplace, with new opportunities open to companies and their employees. Smart manufacturing has been on a high growth curve driven by increasing demands for automation and digitalization of production processes". Companies are using connected devices and real-time data analytics for tight supply chain management and to run maintenance schedules before they lead to expensive downtime.
In essence, the more manufacturers work toward these goals with the associated hurdles, the closer they are to being the best smart manufacturing companies to work for. In an industry dependent on top, cutting-edge technological skills and innovation, the migration and retention of this talent is critical. Companies are investing in training their workforce in modern technologies and creating a culture of learning and developing. They do that not only to increase their competitive edge but also to elevate their status as an employer of choice in the industry. Moreover, modern smart manufacturing enterprises are putting first the well-being and satisfaction of the employees. Flexible work hours, career development and careful attention to the work-life balance characterize leading firms.
In the current issue, we introduce you to the top companies in this segment. In this issue, Industry Outlook has identified the select few companies that have done particularly well in this sector with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the employee needs in an integrated manner.
We welcome your feedbacks and suggestion that you may have concerning this special issue.