💨 Abstract

The Confederation of Indian Industry (CII) released a report titled 'Smart Manufacturing: Unlocking India’s Potential,' highlighting the ongoing digital transformation of India's manufacturing sector. Current technology investments are modest, with many manufacturers allocating less than 10% of their budgets. However, there's an expected shift towards higher investment (11-15%) in IoT, robotics, and Big Data in the next two years.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖