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| India aims to achieve a $5 trillion economy by 2026-27, demanding a transition in manufacturing from 17% to 25% of GDP. The emphasis on key sectors such as Automotive/EVs, FMCG/CPG, Chemicals, Life Sciences, MMC, as well as high-tech manufacturing sectors such as Semiconductors, Mobile Devices, and Data Centers, necessitates the implementation of smart facilities to enhance efficiency and reduce waste. Essential factors include upgrading infrastructure, ensuring safety compliance, and addressing trade challenges. Encouraging R&D, facilitating technology transfers, and fostering global partnerships are crucial in propelling the manufacturing market to reach $1 trillion.
The 5th edition of India Inc On The Move 2024: Smart and Sustainable Manufacturing - Accelerating towards Trillion Dollars and Net Zero, presented by The Economic Times and Rockwell Automation, brings together industry leaders to discuss smart & sustainable manufacturing and achieving India's trillion-dollar GDP contribution. | |||||||||||
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The UAW and Stellantis are at odds over the layoffs of hundreds of manufacturing workers on the heels of reaching a new contract. Having trouble viewing this email? See the online version Friday, May 10, 2024 Subscription Required Cost of new UAW contract could backfire on some at Stellantis Read More > Leaders like you are also reading Rivian to report Q1 earnings as EV maker cuts costs, ...
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