Embracing automation, Industry 4.0 technologies key to achieve $5 trillion economy: IMTMA

“India to achieve $5 trillion economy and manufacturing sector contributing $1 trillion, we need to embrace automation and Industry 4.0 technologies,” said Indradev Babu, President, Indian Machine Tool Manufacturers’ Association (IMTMA).

Speaking on the importance of automation in manufacturing run up to a ‘Symposium on Smart Automation’ to be held at Bangalore International Exhibition Centre (BIEC) on November 21, Babu said “To make manufacturing smarter than before, IMTMA will create the ecosystem and facilitate bringing in technologies to the doorsteps of industries through ‘Smart Automation Symposiums’.”

V Anbu, Director General & CEO, IMTMA, said, “India needs to grow stronger in manufacturing sector and automation would lead the way not only in auto sector but in other industries such as defence, aerospace, railways, medical devices, consumer durables, heavy engineering, and others. This would enable India to catch up with global leaders in manufacturing.”