Next decade presents huge opportunity in manufacturing sector in India: Experts

Guruprasad Mudlapur, President & Managing Director, Bosch Group in India, Bosch Limited, stressed the need to develop strong infrastructure manufacturing that is very critical in terms of logistics. He said, “Over the years, the government has put in a lot of measures to strengthen the logistics and infrastructure base. We have seen steady progress in our highways and infrastructure,” he added.

Mudlapur added that the government has done a lot in the last one decade, and as an industry, we need to do more. He stressed on strengthening industrial ecosystems, advancing tech and focusing on cleantech and sustainability, as these are key for staying ahead.

Sudeep Santram Dalvi, senior VP, director and chief communication officer, of Toyota Kirloskar Motor said around 7 to 8% of the total GDP is being contributed by the automotive sector. “If you look at the EV penetration today, we are just less than 5%,” he said.

At another session on the future of skilling, experts spoke about the importance of AI. Avinash Avula, President of Applied Materials India & VP Semiconductor Products Group Asia,  pointed out that with Artificial Intelligence, the human element diminishes, but it is still the biggest value addition.

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