Automation is now an integral part of the manufacturing industry

June 9, 2022 6:49 pm

We have also witnessed the rapid adoption of automation solutions across the world. It brings many vital points to the table like, enhancing efficiency, energy-saving and reducing the total cost of operation.

Karthik B, Vice President & Business Management Head – Automation Division Fuji Electric India, says, when a company invests in “Industry 4.0/5.0,” it will change technological aspects, product development processes, manufacturing, after-sales services, and security.

In your view, how can foreign collaboration and partnerships help India expand its industrial capacity? 

India is seen as a new energy market in the developing world by many international businesses. India, too, has strived to hard sell itself as a lucrative destination for investment, and today, many companies, big or small, are looking to invest in India. It is a critical trigger for economic growth in developing nations like India. With the help of the Indian government’s favorable policy regime and the AatmaNirbhar Bharat business environment in India considered more favorable, industrial development has ensured that foreign capital keeps flowing into the country. In recent years, relaxing FDI norms across sectors such as defense, PSU oil refineries, telecom, and power attracted foreign companies to invest in India more favorable, industrial development has ensured that foreign capital keeps flowing into the country. In recent years, relaxing FDI norms across sectors such as defense, PSU oil refineries, telecom, and power attracted foreign companies to invest in India.

How will Industry 4.0/ 5.0 optimize production in the current scenario when digitization is in vogue? 

Today’s changing market dynamics require flexibility, adaptability, and agility in real-time production processes. Thus, manufacturing automation or Smart Factory is the response to this issue. As we know, automation brings many benefits, e.g., the physical world can be linked virtually with the virtualization process. Another benefit is real-time capability; with sensors (IoT), it is possible to analyze data continuously to react to any changes in the environment in real time. The Internet of Things (IoT) allows the connection of machines, people, and systems in the enterprise, improving the production process. When a company invests in “Industry 4.0/5.0,” it will change technological aspects, product development processes, manufacturing, after-sales services, and security. It also scales the manufacturing quality, flexible production planning, rapid reaction to changes in demand, and overall improvements in the production process.

What are the Automation solutions you have for the manufacturing industry? 

Automation has become an integral part of the manufacturing industry as It brings many vital points to the table like Enhancing efficiency, energy-saving, and reducing the total cost of operation. We have also witnessed the rapid adoption of automation solutions across the world. One side Covid-19 brought entire industries to a standstill it also pushed organizations to realize the benefits of automation and digitization, which improved productivity and kept the business on track despite the adverse situation, but those who were dependent on traditional production processes faced multiple challenges to continue the operation. We at Fuji Electric are committed to providing the manufacturing segment a safe, risk-free, and efficient manufacturing operation. Our Automation solutions are designed to scale the manufacturing process, efficiency and eliminate safety concerns. Our Products, such as Drives, Motion Control solutions, PLCs, HMI, and Electrical Distribution & controls products, are designed to turn factories into Smart Manufacturing. Post pandemic, we observe that manufacturers are counting more on automation, and the industry’s reliance on automation will only run deeper.

How will PLI aid manufacturers to ramp up production? 

2021 will be known for launching some of the crucial schemes and rolling out key reforms by the Indian government to encourage large companies to ramp up their manufacturing base and boost exports from India. PLI scheme will be a game-changer that is bringing investment to India, boosting manufacturing and exports. There is no doubt that PLI’s are an innovative idea that can reduce India’s trade deficit and boost manufacturing and exports. It is expected to give a much-needed booster dose to capex cycle in the medium term. This could potentially trigger Rs 2.5-3.0 lakh crore of capex spread across 14 sub-schemes and generate Rs 35-40 lakh of incremental revenues. The initiatives provide a much needed push to India’s manufacturing sector and, when cumulative efforts combine, will also make India a superior domestic manufacturer and a favorable investment center. This will create positive traction for the nation’s overall economic growth for a long time to come.

What have been the latest innovations by the company in the automation segments? 

Fuji Electric is in the process of fortifying the R&D capabilities in India to custom formulate automation solutions for the various Indian industries as part of a broader commitment to the Indian market. Identifying and addressing challenges faced by the customer’s in India is one of the key focus areas for Fuji Electric India. We specialize in leveraging our unique portfolio of Automation solutions powered by Japanese technology to offer cutting-edge and complete automation solutions that enable industries across diverse domains. Our robust portfolio is ably complemented by reliable service support. Across our Automation portfolio, we are launching products That are IoT enabled, more energy-efficient, and tailored to the application, including machine automation, factory automation, and process automation.