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Time of India
4 days ago
- Business
- Time of India
Majority of Indian manufacturers investing in AI to manage uncertainty: Rockwell report, ET Manufacturing
Advt Advt Advt By , ETManufacturing Join the community of Top industry professionals Subscribe to our newsletter to get latest insights & analysis. Get updates on your preferred social platform Follow us for the latest news, insider access to events and more. A new global study from Rockwell Automation, Inc. has found that 99 per cent of Indian manufacturers have either invested in or plan to invest in artificial intelligence and machine learning ( AI/ML ) technologies over the next five years. The findings are part of the company's 10th annual State of Smart Manufacturing Report , based on feedback from 1,560 respondents across 17 major manufacturing report highlights how manufacturers are adopting smart technologies to improve operations and manage risks amid ongoing economic changes. For Indian companies, long-term business impact was cited by 81 per cent of respondents as the primary motivation for adopting advanced Sawhney, Managing Director, Rockwell Automation India , said, 'This year's report underscores the growing influence of advanced technologies on Indian manufacturing. Indian organisations are adapting to fast evolving global manufacturing, economic shifts, and supply chain dynamics. AI and machine learning technologies, once seen as emerging trends, have now evolved into strategic priorities, with nearly every Indian manufacturer seeing value in investing in these technologies.'The report also found that India n manufacturers are utilising 53 per cent of their collected data effectively, outperforming the global average of 44 per cent. Employers in India are placing emphasis on workforce skills such as analytical thinking and teamwork, aligning with the requirements of increasingly digital sustainability, 94 per cent of Indian respondents said they have some form of formal sustainability programme in place, with a strong focus on energy management and integrating environmentally responsible processes across product 95 per cent of manufacturers have invested in or plan to invest in AI/ML within five years. Investment in generative and causal AI has increased by 12% year-on-year. Cybersecurity remains a growing concern, with 49 per cent of respondents planning to deploy AI for cybersecurity in 2025—up from 40 per cent in trends include 48 per cent of manufacturers planning to repurpose or hire workers as a result of smart manufacturing investments, and 41 per cent turning to AI and automation to address labour shortages. Quality control remains the leading AI use case for a second consecutive year, with half of all respondents planning to use AI to support product progress, challenges persist. The ability to apply AI is now considered an essential skill by nearly 50 per cent of manufacturers, up from 10 per cent last year, indicating that the demand for AI capability is rising across all organisational full report, conducted by Rockwell Automation in partnership with Sapio Research , covers perspectives from multiple industries, including automotive, food and beverage, energy, and life sciences.
Time of India
08-05-2025
- Business
- Time of India
Teva Pharmaceutical Industries: Teva Pharm's US production will help to limit US tariffs impact, CEO says, ET Manufacturing
ET Smart Factory Summit 2025 The manufacturing sector stands as a cornerstone of India's economy, contributing significantly to GDP and providing employment to millions. ET Aerospace & Defence Manufacturing Summit 2025 India's aerospace and defence sector is experiencing rapid expansion, driving forward the manufacturing industry by producing aircraft, ships, spacecraft, and weapon systems, among other equipment that meet international quality standards. This growt ET Supply Chain & Logistics Conclave 2025 The logistics sector, a linchpin in trade and commerce, plays a pivotal role in supporting India's import and export business and contributes significantly to its overall economic growth. Follow Us Follow ETManufacturing on LinkedIn for event updates and latest news.
