Latest news with #Sawhney
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
4 days ago
- Business
- Time of India
Survey finds almost every manufacturer in India investing in AI, ML: Rockwell Automation, ET Manufacturing
Advt Advt Almost every manufacturer in India , across various segments covered in a survey, has either invested in artificial intelligence and machine learning technology or is planning to do so, a senior officer from Rockwell Automation said on sharing details of the survey, Rockwell Automation India Managing Director Dilip Sawhney told PTI that in a survey on smart manufacturing conducted two years ago, about two-thirds of organisations said they would either have already invested in AI or planned to do so in the next 12 months or thereafter. This figure crossed the 90 per cent mark in last year's survey."This year, it is as high as you can imagine, 99 per cent of the firms. So virtually everyone really is either doing something about it or has plans to do something about it. About a decade plus ago in a market like India, people were still very curious about what industry 4.0 and smart manufacturing. Now they are completely consumed with what these technologies can do for their business," he global study conducted by Rockwell Automation for its 10th annual "State of Smart Manufacturing Report ", released in March 2025, registered participation from more than 1,500 manufacturers across 17 leading manufacturing countries, including represented 5 per cent of the total sample size. Out of the total participants from India, 23 per cent of respondents were manufacturers, 36 per cent original equipment manufacturers (OEMs), 28 per cent system integrators (SIs), and 13 per cent were from an engineering procurement company ( EPC ).According to the report, long-term business impact is the main driver for 81 per cent of Indian respondents to invest in ranked as the second biggest external risk among manufacturers in India, according to the report. The share of manufacturers planning to use AI for cybersecurity is expected to rise to 49 per cent in 2025, up from 40 per cent in 2024."Organisations in India said that they have either already invested or plan to invest in cybersecurity solutions and platforms. That number is close to about 97 per cent," he survey also found that manufacturers in India see greater benefit in sustainability, with 94 per cent reporting some formal sustainability programme in place."What really also came out was India, surprisingly, and that also indicates the maturity of the players in the Indian manufacturing sector about sustainability," Sawhney report said that 48 per cent of manufacturers plan to repurpose or hire additional workers due to smart manufacturing investments. Additionally, 41 per cent are using AI and automation to help close the skills gap and address labour shortages.
Economic Times
28-05-2025
- Business
- Economic Times
Triveni Engineering shares rally 10% after solid Q4 earnings, upbeat sugar price outlook
Mixed full-year performance Live Events Management outlook (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Triveni Engineering & Industries climbed as much as 10.4% on Wednesday to Rs 468.20 on the BSE after the sugar and engineering company posted a double-digit rise in quarterly profit and flagged healthy sugar price trends Engineering & Industries reported a 16.2% year-on-year rise in consolidated net profit for the fourth quarter ended March 2025, to Rs 187.1 crore from Rs 161 crore a year company's board has recommended a final dividend of Rs 2.50 per equity share for FY25, subject to shareholder approval at the upcoming annual general from operations (gross) rose 24.4% YoY to Rs 1,925.3 crore, while revenue net of excise duty increased 25.1% to Rs 1,629.3 crore. The company's EBITDA jumped 21.5% YoY to Rs 317.4 crore, though the margin narrowed slightly to 19.5% from 20.1% in the same period last year. Earnings per share for the quarter improved to Rs 8.55 from Rs FY25, net revenue grew 9% YoY to Rs 5,689.2 crore, but EBITDA declined by 22.5% to Rs 533.8 crore. The company's EBITDA margin contracted to 9.4% from 13.2%, while profit after tax dropped 39.7% to Rs 238.3 sugar segment's turnover rose 2.8% from the previous year, driven by higher realisation prices, though segment profits declined 12.8% due to elevated production costs and lower recovery alcohol segment reported a 15.7% rise in turnover, aided by the commissioning of a new multi-feed distillery at Rani Nangal. However, profitability was hit due to higher volumes of lower-margin maize-based ethanol and operational shutdowns from feedstock transmission stood out, with turnover surging 26.8%. Meanwhile, the water business saw a 4.9% dip in on the results, Dhruv M. Sawhney, Chairman and Managing Director, said the company is hopeful of an improved performance in the coming year through proactive measures in our sugar and alcohol also noted favourable sugar market dynamics. 'Sugar prices have remained at healthy levels during FY25, particularly in Q4 FY25. We expect these trends to continue given the lower sugar stocks in the country on a year-on-year basis,' he said.'We believe that a continually increasing portfolio of refined sugar and pharmaceutical-grade sugar production, which now stands at 73% of overall sugar production, augurs well for sugar realisations for the company. We continue to make judicious investments in our facilities to enhance sugarcane crush rate, sugar quality and efficiencies,' Sawhney read | Sensex drops over 200 pts, Nifty below 24,800 as block deals & IPO activity weigh on markets (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
28-05-2025
- Business
- Time of India
Triveni Engineering shares rally 10% after solid Q4 earnings, upbeat sugar price outlook
Shares of Triveni Engineering & Industries climbed as much as 10.4% on Wednesday to Rs 468.20 on the BSE after the sugar and engineering company posted a double-digit rise in quarterly profit and flagged healthy sugar price trends ahead. Triveni Engineering & Industries reported a 16.2% year-on-year rise in consolidated net profit for the fourth quarter ended March 2025, to Rs 187.1 crore from Rs 161 crore a year earlier. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Investigadora argentina revela hallazgos sobre el magnesio Salud Esencial Leer más Undo The company's board has recommended a final dividend of Rs 2.50 per equity share for FY25, subject to shareholder approval at the upcoming annual general meeting. Revenue from operations (gross) rose 24.4% YoY to Rs 1,925.3 crore, while revenue net of excise duty increased 25.1% to Rs 1,629.3 crore. The company's EBITDA jumped 21.5% YoY to Rs 317.4 crore, though the margin narrowed slightly to 19.5% from 20.1% in the same period last year. Earnings per share for the quarter improved to Rs 8.55 from Rs 7.36. Mixed full-year performance For FY25, net revenue grew 9% YoY to Rs 5,689.2 crore, but EBITDA declined by 22.5% to Rs 533.8 crore. The company's EBITDA margin contracted to 9.4% from 13.2%, while profit after tax dropped 39.7% to Rs 238.3 crore. Live Events The sugar segment's turnover rose 2.8% from the previous year, driven by higher realisation prices, though segment profits declined 12.8% due to elevated production costs and lower recovery rates. The alcohol segment reported a 15.7% rise in turnover, aided by the commissioning of a new multi-feed distillery at Rani Nangal. However, profitability was hit due to higher volumes of lower-margin maize-based ethanol and operational shutdowns from feedstock shortages. Power transmission stood out, with turnover surging 26.8%. Meanwhile, the water business saw a 4.9% dip in revenue. Management outlook Commenting on the results, Dhruv M. Sawhney, Chairman and Managing Director, said the company is hopeful of an improved performance in the coming year through proactive measures in our sugar and alcohol businesses. Sawhney also noted favourable sugar market dynamics. 'Sugar prices have remained at healthy levels during FY25, particularly in Q4 FY25. We expect these trends to continue given the lower sugar stocks in the country on a year-on-year basis,' he said. 'We believe that a continually increasing portfolio of refined sugar and pharmaceutical-grade sugar production, which now stands at 73% of overall sugar production, augurs well for sugar realisations for the company. We continue to make judicious investments in our facilities to enhance sugarcane crush rate, sugar quality and efficiencies,' Sawhney added. Also read | Sensex drops over 200 pts, Nifty below 24,800 as block deals & IPO activity weigh on markets
Time of India
20-05-2025
- Business
- Time of India
Harvard University grad warns Indian students: Overseas education no longer a guaranteed ticket to success
Overseas education no longer a sure shot to success. (AI Image) Rajesh Sawhney , the founder and CEO of GSF Accelerator, has issued a stark warning to Indian students seeking higher education abroad. In a recent post on X (formerly Twitter), Sawhney cautioned that studying in countries like the U.S., Canada, and the U.K. is no longer a guaranteed route to success. He pointed out that the once straightforward path of completing an engineering degree in prestigious institutions like the Indian Institutes of Technology (IITs), followed by a master's in the U.S., which led to high-paying tech jobs, is no longer as effective as it once was. Sawhney, who is an alumnus of elite international institutions—Harvard Business School's Advanced Management Program and a fellow at the London School of Economics—himself is a product of prestigious education. Despite this, he believes the global landscape has shifted dramatically. His comments have sparked widespread discussions, especially among aspiring students and their parents who continue to view foreign education as a golden ticket. Sawhney's warning comes amid tightening immigration policies and an increasingly competitive job market for international students. The shift in global dynamics, he argues, has rendered this once-reliable pathway obsolete. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like เทรด Bitcoin และ Ethereum - ไม่ต้องใช้กระเป๋าเงิน! IC Markets เริ่มต้นตอนนี้ Undo Changing realities for international students For years, pursuing higher education abroad was seen as a surefire way to secure well-paying jobs, particularly in the tech industry. Students from elite Indian institutions, like the IITs, would typically complete their master's degrees in the US, after which they would land lucrative tech jobs with starting salaries of $200,000 or more. However, Sawhney believes that this 'hack' is now broken. 'The old trick was simple,' Sawhney posted on X on May 19, 2025. 'Study engineering, head to the US for a master's, and walk into a $200,000 tech job. That shortcut is broken now.' He further emphasised that the changing landscape for international students, combined with a more challenging immigration system, makes the prospects of securing these high-paying roles much less certain. Immigration hurdles and job market constraints One of the key points raised by Sawhney is the increasingly hostile immigration environment. W ith visa regulations becoming stricter, students face additional barriers in securing jobs after completing their studies. A hiring manager, R@h!l K@pooR!, commented on Sawhney's post, saying, 'There are jobs but visa situation is absolutely bad shit crazy. I'm a hiring Manager and companies don't want to deal with uncertainty of visa lottery, cost associated with green card, dealing with all the paperwork. My advice would be to come to the U.S. ONLY if you are going to a top 10 school in your field AND are fully funded with TA/RA etc.' This has created a sense of unease among students and their families, who often invest substantial amounts of money into foreign education in the hopes of a prosperous future. Skills, grit, and networking: The new keys to success While Sawhney's views have sparked concern, others argue that the situation isn't entirely bleak. Vipul Agrawal, founder of Mugafi, responded to Sawhney's post, acknowledging the changes but insisting that opportunities still exist. 'Sure, the low-hanging fruit is gone. But the opportunity? Still very real,' he wrote. He emphasised that the focus had now shifted from a degree being the key to a job, to one's skills, grit, and ability to network. Agrawal's viewpoint echoes the shift in the job market, where credentials alone no longer guarantee success. 'The game has shifted from degree = job to skills + grit + networking = shot at ROI,' he added. The future of Indian graduates: Exploring new opportunities Ayussh Sanghi, an educator with over a decade of experience, raised pertinent questions about the current job landscape. 'Which country has jobs for locals and foreign nationals (in that order) in today's world?' he asked. Sanghi pointed out the limited job opportunities in both the public and private sectors in India and the increasing uncertainty of job security worldwide. Others, like Adithya Thatipalli, pointed out the issue of students relying on consultants or simply pursuing a master's degree without the necessary skills. 'International students are just going to the U.S. by taking loans without real skills, doing a master similar to their graduation,' Thatipalli commented. A call for self-awareness and preparation As the global landscape continues to shift, Sawhney's warning serves as a reminder that students must now place greater emphasis on developing skills that are relevant to the evolving job market. While international education remains a valuable opportunity for many, the days of easily securing high-paying jobs with a foreign degree may be over. 'Parents should think twice before spending crores on the expensive education,' Sawhney cautioned. 'There are no jobs in the U.S., Canada and U.K. for international students.' Amid the growing noise on social media, some users urged caution in interpreting such claims. Amar Vyas, co-founder of Gaatha Story, noted, 'That would explain the useless rant posts on X and other SM sites, junk has far exceeded qualitative posts. Folks whiling away time or posting nonsense for a few pennies.' His comments reflect the ongoing struggle to separate informed debate from online sensationalism. Adaptation, hard work, and smart networking are now paramount for those looking to succeed in an increasingly competitive world. Invest in Their Tomorrow, Today: Equip your child with the essential AI skills for a future brimming with possibilities | Join Now
