Indian manufacturing companies are now blending manufacturing with IT, by including artificial intelligence, virtual reality connect and the internet. India has the potential to become a global manufacturing hub if it speeds up the adoption of technology.
Sudheer Nair, CEO, eresource ERP, one of the leading ERP solutions provider in the world said, “The pandemic was a wake-up call that disrupted the operations of lot of industries worldwide which anyone could have previously ever even anticipated. For many, it has been a bitter reality, painful, costly, still unresolved. For a few lucky others, it has offered an unforeseen windfall.Rising numbers of manufacturing businesses are turning to digital technologies to help improve their operational resilience and efficiency and support their customer growth strategies. More than two-thirds of manufacturers in India have accelerated their adoption of digital technologies as result of the Coronavirus pandemic. I am extremely happy to see this phenomenal growth in the ERP industry market owing to pandemic.”
The pandemic outbreak caused by Corona has brought the world to standstill for more than a year since 2020 March. Every industry, every business and every person all over the world has experienced the bitter taste of this pandemic. But, ERP industry has grown exceedingly well in this pandemic and ERP companies have helped lot of industries to adopt digital route.
Despite the pandemic turbulence that hit the entire world due to the Covid-19 pandemic, the interesting point to note is that India’s manufacturing industry has grown. Overall, in 2021-22, manufacturing is expected to grow by 12.5 per cent, mining and quarrying by 14.3 percent, construction by 10.7 percent and electricity, gas and water supply by 8.5 per cent.
