The growing demand for Indian products internationally is indicative of the fact that the ‘Make in India’ initiative has been progressing at a remarkable rate. In line with this, the Indian EV and pharmaceutical industries face the challenge of meeting rising demands, calling for energy-efficient solutions like dehumidifiers.
By Deepak Pahwa, Chairman, Pahwa Group and Managing Director, Bry-Air
Reflecting on a decade of the ‘Make in India’ initiative, the Indian manufacturing sector has made remarkable strides. Launched with the purpose of fostering indigenous manufacturing prowess in various sectors, including automotive, pharmaceuticals, and food processing, has resulted in significant advancements over the past ten years.
In its quest to become self-reliant, the country has been forging some breakthrough mergers and acquisitions in manufacturing. Reflecting on a decade of the ‘Make in India’ initiative, the manufacturing sector has made
remarkable strides. Launched to foster indigenous manufacturing prowess in various sectors, including automotive, pharmaceuticals, and food processing, has resulted in significant advancements over the past ten years. In its quest to become self-reliant, the country has been forging some breakthrough mergers and acquisitions in manufacturing in the global supply chain.
The growing demand for Indian products internationally indicates that the ‘Make in India’ initiative has been progressing at a remarkable rate. Introduced with the intention of making the country self-sufficient, the initiative surpassed expectations, with foreign countries seeking Indian products for their high quality.
Carrying forward the momentum, the industrial landscape is anticipated to be very encouraging, and the leading are optimistic about India emerging as a manufacturing powerhouse in the future.addition to this, with Indian products being sought across the globe, there is a unified hope that the country will become an export hub in the future. Gauging the rising demand, the manufacturing market is expected to reach 1 trillion US dollars by 2025– 26, according to the IBEF report.
Understanding that some phenomenal milestones have been achieved over the years, much remains to be done to reach the pinnacle of success. This places a lot of responsibility on the industries to curate products of supreme quality and meet the highest industry standards. To strengthen its foothold in the international market, it is imperative to cater to customer satisfaction and reduce fault claims as much as possible. In addition, with industries across the realm undergoing rapid transformation, there is an ongoing need to customise the products to meet ongoing trends in the market.
Deciphering this need, industry players have understood the importance of customising products to maintain relevancy in the dynamic market. Along similar lines, where sustainability and eco-friendly approaches have been leading the conversation for some time now, even the manufacturing sector has been tailoring its equipment to curate energy-efficient products. Taking the example of the EV industry, Li-ion battery manufacturing plays a crucial role in contributing to the vehicle’s performance.
As EV penetration has been growing enthusiastically, battery manufacturers are acing their game by incorporating technologies with energy-efficient solutions. In this pursuit, industry players are perennially seeking energy-saving dehumidification systems to boost manufacturing in the most eco-friendly way. Reducing energy consumption immensely contributes to the efficiency of the company and, at the same time, minimises the pressure on the environment as well. As a driving example on similar lines, where India is being recognised across the globe as the ‘pharmacy of the world,’ there is a lot of responsibility on the pharma industry to increase the manufacturing of products to meet the rising domestic as well as the international demands of consumers while not compromising on quality.
As quality air solutions empower the manufacturing of the highest-quality pharmaceutical products, upgrading to energy-efficient dehumidifiers can serve the dual purpose of maintaining the quality of the product while curbing the colossal energy consumption in the process.
To further strengthen the industry’s positioning, the manufacturing sector has been embracing Industry 4.0 with alacrity. It has been playing a crucial role in empowering the entire industry by enabling smart manufacturing of products. Where it is already shaping the industry, the advanced technology is expected to further lead the forefront in contributing to the sector’s resilience, auguring well for establishing the supremacy of Indian products across the globe.
Future technologies in the form of AI, machine learning, IoT, robotics, etc., have the ability to revolutionise the sector beyond automation tasks. The industry is working towards harnessing the benefits of technology to take manufacturing to the next level with remote handling, where troubleshooting, operation, and monitoring of the processes can be done even from a distant place. Moreover, by allowing for predictive maintenance, industry 4.0 can fortify the industry’s endeavours by identifying and controlling the damage in advance.
While the country has produced some outstanding work during the ten-year tenure of ‘Make in India,’ there remains a lot of potential that needs to be discovered. The industry has the ability to transform the country’s productivity and efficiency by integrating innovative approaches into its processes.
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