Smart Industry Solutions (SIS) India provided insight into the future of factories and discussed the impact of automation on manufacturing in India
Expanding its presence in the manufacturing and technology sectors, Messe Frankfurt Trade Fairs India organised Smart Industry Solutions (SIS) India 2017 from December 13-15 at Bombay Exhibition Centre in Mumbai.
Tech-giants Siemens, Bosch, Cisco, Reliance Unlimited, HP-Imaginarium, Pilz India and Pepperl and Fuchs came together for the launch of SIS India. Spread across 3,200 sq m of gross exhibition area, SIS India showcased the latest advancements by these leading technology players at an exclusive ‘Future Factory Zone’ as well as intelligent manufacturing solutions from companies in India, Taiwan, Korea and Italy together with companies representing Software Technology Parks of India (STPI) and six start-ups among others.
Inaugurated at the hands of Dr Sanjay Gupta, Director, Software Technology Parks of India, Ministry of Electronics and Information Technology, Government of India, this key business event for manufacturing sector also saw the launch of a white paper focused on the future of factories and impact of automation in Indian market by Frost and Sullivan.
Aroop Zutshi, Gobal Press and Managing Partner, Frost and Sullivan, said, “India is emerging as one of the fastest growing economies and in the next 10-15 years we could be in the top three economies of the world showcasing a tremendous opportunity to become global manufacturers. The sector is expected to contribute 25 per cent to the GDP by 2025 with the adoption of automation and IoT.”
Frost and Sullivan estimates the potential IoT market size to be about $ 4.17 billion, expanding at a CAGR of 26.1 per cent to reach $ 16.7 billion by 2022. “The future of IoT is very robust and large and medium sized companies will adopt IoT first,” he added.
Inaugurating the STPI Pavilion at the fair, which brings together MSMEs on the same platform as the big tech-giants, Sanjay Gupta, said, “The Indian software and IT companies have grown from $ 385 million in 1992 to $ 154 billion in 2017. In 1991, the contribution of the Indian IT industry in GDP was 1.2 per cent and this sector contributed to 7.7 per cent in Indian GDP. The manufacturing sector is the major focus of the government. Make in India, Digital India, Start-up India and Design in India are the government initiatives to drive IT, ITES, EDSM and start-up ecosystem.”
Day one of the business fair also put the focus on rise of machines and robotics with a special unveiling of the famed Humanoid DA-2 by Sudhir Kadam from Silicon Valley, USA. Alongside the showcase, Kadam also addressed the delegates on ‘Confluence of IIoT, mixed reality, AI and robotics in cyber physical systems for factory automation’.
Topics for the first day of the conference were ‘Technology disruption’, ‘Role that big data and the IoT would play’, and ‘People and skill centricity’. Day two focused on the roadmap for implementation of Industry 4.0 in line with Make in India mission as well as the eco-system for large companies and start-ups for co-creating the future.