Digital Twin – The Future is Here
What is a Digital Twin?A digital twin is a virtual representation of a system or a physical product. Digital twin technology has evolved exponentially over the past few years, thanks to the development in the fields of AI, Machine Learning and IOT. Since the emergence of this technology, it has lured many especially, when Gartner announced Digital Twin as...
Decoding – China Vision 2025
Given the circumstances that we are in, this could be yet another article where you have read about China. Like as they say, if you know your rivals plan, you can prepare a counter plan. Although this time we better hurry. MSME and the Indian manufacturing need to know, the fine prints of China Vision – 2025. Given the...
Time To STAND- UP, With MSME
As we write this, the banks have put in a request to the Reserve Bank of India, not to extend the moratorium. They state that this could lead to an increase in bad loans and strain the lenders even more. The bank feels that whether it’s individuals or industries, they are taking advantage under moratorium and deferring payments. Suppose...
The Next New Wave
Industry 4.0: The Next New Wave Across Manufacturing Industries Industry 4.0 is Coming ! Period ! Could there be a better time to implement Industry 4.0 post the pandemic ? That I am afraid is the wrong question. The truth is Industry 4.0 is coming. Period. Let’s look at an example. MSME have always looked up to West, for change in manufacturing...
Predicting Growth Sector During Covid-19
An economist once told us that there is no definite way to calculate the GDP of the country. GDP effectively means that the total value of goods and services produced in a country. He went on to state that, if you see the methods “ It’s a pure ballpark figure and that’s what it is”. Which means all along,...
Industry 4.0 Research
Industry 4.0 Research: Information and Communication Technology (ICT) Capability Index for Supply Chain Management (SCM) By Prof. Prashant R. Nair “Amateurs discuss tactics; professionals discuss logistics.” Napoleon Bonaparte ICT Advantage Rapid technology advances and dynamic market forces have altered the business landscape as also fundamentally altered existing business models. Information and Communication Technology (ICT) usage and deployment has opened the doors for companies to...
THE AFTERMATH OF COVID-19 HOW TO RESTART & GEAR UP?
Presented byK. BALASUBRAMANIANCHAIRMAN - PRECISION GROUP OF COMPANIES, CHENNAI, INDIA.SECRETARY - SIMA & CDISSIA (CHENNAI DISTRICT SMALL SCALE INDUSTRIES ASSOCIATION) THE WORLD AFTER COVID-19 Global Crisis - Humankind is now facing a global crisis. Perhaps the biggest crisis of our generation. We must act quickly and decisively. Action Plan - We should now decide on short and long term action plan to...
Emerging Counter Drone Technologies
Emerging Counter Drone Technologies - A global opportunity for Indian Manufacturing Drones seem to suddenly be visible around all major airports around the world more so specifically in the United Kingdom Post the Gatwick drone incident . In the drone circles there are those who vouch that the drones were really there and an equally vociferous group that are convinced...
Robotics in Manufacturing
Future of Industrial Automation and Robotics in Manufacturing Engineering Industrial Automation and Robotics - Increasing production costs, reduced operational margins, limited scope for expansion and diversification as well as unavailability of skilled manpower are hampering the growth of industries across the globe. Luckily, we are living in an era where disruptive technologies are redefining traditional businesses and unleashing new possibilities...
STARTUP Feature
STARTUP Feature: PICKYOURTRAIL - The Unstoppable Journey Pickyourtrail, the world’s only full-stack vacation startup, occupies a bustling office at the heart of Chennai. Founded by Hari Ganapathy and Srinath Sankar, this travel startup has gone from a 100-member team only 6 months ago, to more than 200 members today. This is their story of how they got here. In 2012, Hari...