The integration of advanced technologies has been an enabling factor for Indian manufacturing to be competitive on the global scale. From automation to digitization, Indian manufacturers are seen to embrace cutting-edge technology to optimize their processes and improve the quality of their products, all while reducing costs. This technology-driven advancement has not only boosted productivity but also enabled Indian companies to produce complex products that adhere to international standards.
Indian firms are seen witnessing their ingenuity in developing solutions tailored to global markets, thus carving out a niche for themselves in the competitive industries. Experts have come to a consensus that technology and innovation have played a major role in shaping India’s manufacturing landscape.
"Knowing what to invest in and ensuring that new methodologies are launched accurately and quickly comes down to three things – what you have, what you know, and who you know", Zoya Brar, Founder, CORE Diagnostics.
A good example of tech advancements driving export-oriented manufacturing can be observed in the pharmaceutical industry. Dr Reddy’s Laboratories has one of the finest pharmaceutical manufacturing technologies in India, which has enabled them to meet regulatory requirements while exporting high-quality generic drugs to global markets.
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