- MSME industry, a major growth indicator for Economic Development in Nagpur with a strong SME base and investment.
- Nagpur going through an Industrial Reformation with SME and MSME identified as one of the significant contributors. An elevated level of manufacturing performance and agility key to ‘Make in India’.
- The Siemens Ingenuity Tour will demonstrate a comprehensive array of innovative products, solutions, and services covering Electrification, Automation, and Digitalization, as well as Customised Financing Solutions for the manufacturing segment.
Siemens Limited ‘Ingenuity Tour’, launched recently to showcase technology solutions for SMEs, will begin its Nagpur journey. The Truck will be stationed at NMPCL on February 7th & at JSW Steel Coated Products, Kalmeshwar on February 10th.
The purpose of the tour is to engage, address challenges and raise awareness about the technology solutions Siemens has to offer for key industries in India – Automotive, Food & Beverages, Packaging, Machine Tools Capital Goods, Power, Pharma, Cement, Minerals, and Metals. The roadshow is mobilized by an ‘Ingenuity Truck’ which will cover over 23 States and 120 cities across India over a period of 2 years. On display is a comprehensive array of latest products covering Electrification, Automation, and Digitalization from the fields of industry Software, Automation, Power Distribution, Drive Technology, Digital & Cloud services, Industrial Training as well as customized Financing solutions. The tour is targeted at various industry verticals and demonstrates the competitive advantage that can be gained by adopting innovative technologies and solutions.
Digital technologies are transforming our world. The ‘Make in India’ initiative aims to boost the contribution of the manufacturing sector from 15% to 25% of the GDP, by 2022. To support this massive growth, India will need an ecosystem comprising of Tier 1, Tier 2, as well as the Tier 3 suppliers, with an elevated level of manufacturing performance and agility.
“Digitalization is a top priority for us in Siemens and the Ingenuity Tour will help us engage and address challenges of our customers from various verticals and industry suppliers across the complete value chain. SMEs can utilize digitalization to address growing demands such as mastering increasing product and process complexity, reducing time to market, adapting to changing market requirements, deliver individualized products and secure continuous product improvement,” said, Bhaskar Mandal, Head, Digital Industries, Siemens Limited.
Digitalization promises lower costs, improved production quality, flexibility and efficiency, shorter response time to customer requests and market demands, and also opens up new and innovative business opportunities. Indian manufacturers have the unique opportunity to blend the availability of advanced manufacturing technologies with a low cost of labor to create extraordinary competitive advantage. The need of the hour is for SMEs to take the lead in adopting new technologies and make it an integral part of their business strategies. Those that are successful in understanding the power of digitalization and harnessing it across their businesses will lead this new wave of growth.