“These are all important sensor based devices, The applications will undoubtedly be an important contribution to the Atmanirbhar Bharat initiative of the Government of India and clearly this is the way to go for the future and we expect that domestic industry will be able to take up these innovations on a transfer of technology basis and popularize them and use them extensively in production.”
How can a platform like this help the industry? “Application of Internet of Things & application of advanced manufacturing techniques is what has been called the Industrial Revolution 4.0. The next stage of the industrial revolution is really the application of technology to industry and that is where the next wave of increased productivity is likely to come and India, as it plans to become a major manufacturing destination in the world, will have to adapt to all this technology. All innovations will contribute to lower the cost at which technology is made available to Indian industry to become more competitive globally.
Talking about the experience at the Expo, the Secretary said, “I think it is a very well put together exhibition. There are over 120 companies participating, including research centres of the Government of India. So, I am very happy to see that there are International exhibitors as well. The expo has given opportunity for both national and international companies to showcase their solutions/products and this would definitely help the cause of utilizing technology to improve traffic conditions which will not only be economically beneficial in terms of reducing vehicle operating costs and waiting time, but also be of great benefit to the environment.