Welcome to the Future Factory 2019, showcasing latest manufacturing solutions required for large scale modern manufacturing.
Manufacturing has emerged as one of the high growth sectors in India. Under the Make in India initiative, the Government of India aims to increase the share of the manufacturing sector gross domestic product (GDP) to 25 per cent by 2022, and create 100 million new jobs by 2022.
The manufacturing sector of India has the potential to reach US$ 1 trillion by 2025 and India is expected to rank amongst the top three growth economies and manufacturing destination of the world by the year 2020.
Indiaâ€™s Capital Goods manufacturing industry serves as a strong base for its engagement across sectors such as Engineering, Construction, Infrastructure and Consumer goods.
India has a requirement of investment worth USD 750 billion in infrastructure by 2022 to have sustainable development in the country. Infrastructure sector includes power, bridges, dams, roads and urban infrastructure development and is a key driver for the Indian economy.
Several initiatives by the Government of India and the major automobile players in the Indian market are expected to make India a leader in the two wheeler and four wheeler market in the world by 2020.
Indiaâ€™s energy use will grow at a rapid pace to fuel economic development, urbanisation, and improved energy access. This provides a USD 750 billion investment opportunity by 2025.
Major Investments are also expected in Defence and Homeland security sector. The Government has opened up the Defence industry for private sector participation to provide impetus to indigenous manufacturing and India plans to spend USD 130 billion on military modernization in the next 5 years.
Future Factory will showcase various products and technologies required to create factories for the future.
India is seeking manufacturing solutions and technologies for aircraft components, auto-electricals and electronics, automotive batteries, heavy commercial vehicles, passenger cars, two and three wheelers, cement, agro intermediates, agro chemicals, basic polymers and elastomers, construction chemicals, other performance chemicals, valves and pumps, construction machinery, machine tools, pressure vessels, solar photo voltaic cells, lighting, mobile phones, printed circuit boards bulk drugs, pharma APIs, generic pharmaceuticals, flats, forgings and castings etc.
Future Factory 2019 shall display modern technologies core to Manufacturing 4.0 and Large Scale Manufacturing.
End Users and Decision Makers from aerospace and defence, auto and auto components, cement, chemicals, engineering, ESDM, pharmaceuticals, steel and textiles.
Tamil Nadu has a diversified manufacturing sector and features among the leaders in several industries such as automobiles, pharmaceuticals, textiles, leather products, chemicals, among others.