Vision 2030: SAMARTH and SASHAKTA Udyog Bharat

Festivals and celebrations are a core part of what brings India together as a nation of diversity, making a positive impact throughout communities. Keeping the prominence of festivals and celebrations in mind, the ET Edge has conceptualised, developed and launched ‘The Festival of Manufacturing’, a national platform that will bridge the gap between common people and the country’s manufacturing industry. 

The Festival of Manufacturing, scheduled on 24th March 2023 at Delhi’s Dr Ambedkar International Centre will bring together industry leaders, policy makers, and experts to discuss the latest trends and challenges in manufacturing. The conference provides a platform for manufacturers to showcase their products and services, network with other industry players, and learn from each other. 

The Festival of Manufacturing’s presenting partner is Exxon Mobil, in association partner is RR Kabel, its gold partner is Ace Micromatic Group, its Banking Partner is State Bank of India, and its Associate partner is Igus. 

The conference features keynote speeches and panel discussions on various topics related to manufacturing. Some of the topics covered in the conference include digital transformation, supply chain management, workforce development, and sustainability. The conference also includes an exhibition hall where manufacturers can showcase their latest products and services. 

That said, in a country where no achievements go uncelebrated and no community unnoticed, the manufacturing sector has been making salient contributions in silhouettes. FOM, through its initiative ‘Champions of Manufacturing’, will felicitate ground-level workers from manufacturing plants who have made an altruistic difference in their organisation – age, designation and gender no bar. These champions will be formally recognised in person, on the day of the event. 

A thriving manufacturing sector could potentially be the most critical building block for India’s economic growth in the coming year. One of the main themes of the Festival of Manufacturing, Vision 2030: SAMARTH and SASHAKTA Udyog Bharat, will discuss and deliberate on how global companies are reconfiguring their value chains and sourcing manufacturing footprints. 

What’s more? With the rise of Industry 4.0, manufacturing is undergoing a significant transformation, with new technologies such as Artificial Intelligence, robotics, and the Internet of Things (IoT) disrupting traditional manufacturing processes. The conference provides a platform for manufacturers to learn about these new technologies and how they can be integrated into their operations. 

Another important theme of the Festival of Manufacturing is sustainability. As manufacturers become more aware of their environmental impact, there is an increasing focus on developing sustainable manufacturing practices. The conference provides a forum for manufacturers to learn about the latest sustainability initiatives and how they can incorporate them into their operations. 

The Festival of Manufacturing is also an important networking opportunity for manufacturers. With attendees from all over India, the conference provides a platform for manufacturers to meet and build relationships with potential suppliers, customers, and partners. The conference also provides opportunities for manufacturers to collaborate on research and development projects. 

One of the unique features of the Festival of Manufacturing is its focus on workforce development. With an ageing workforce and a shortage of skilled labour, workforce development is a critical issue for the manufacturing industry. The conference provides a platform for manufacturers to learn about the latest workforce development initiatives and best practices for attracting and retaining skilled workers. 

In conclusion, the Festival of Manufacturing is a must-attend conference for anyone involved in the manufacturing industry. With its focus on technology, sustainability, networking, and workforce development, the conference provides a comprehensive overview of the latest trends and challenges facing the industry. By attending the conference, manufacturers can stay up to date with the latest developments in the industry, connect with potential partners and customers, and learn about best practices for improving their operations. 

Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of the Economic Times – ET Edge Insights, its management, or its members

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