Latest news with #StateofSmartManufacturingReport
Time of India
a day 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.
Deccan Herald
a day ago
- Business
- Deccan Herald
Survey finds almost every manufacturer in India investing in AI, ML: Rockwell Automation
The 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 India.
Time of India
a day 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.
