Budget Boosts for Smart Manufacturing

MR. SAMEER GANDHI, MD, OMRON AUTOMATION, INDIA

The provisional budget aimed to balance the fiscal situation and gave more attention to areas such as infrastructure, railways, defence, green energy, tourism, agriculture, and EV while maintaining broad continuity of policies. While there are no direct provisions solely focused on smart manufacturing, the overall budget aims to promote economic growth, skill development, and technological advancements—all of which can contribute to the manufacturing sector’s progress.

So, overall, it presents a significant opportunity for the sector including artificial intelligence, machine learning, and internet of things (IoT), which are crucial for realizing the full potential of smart manufacturing. By allocating resources towards the development of smart manufacturing, the government can enhance the competitiveness of Indian industries in the global market. This aligns with Omron Automation’s vision. As a leading provider of automation technology, Omron Automation India is well-positioned to contribute to the growth of smart manufacturing in the country. With its advanced industrial automation solutions, the company empowers manufacturers to drive digital transformation, optimize their operations, increase productivity, and improve overall efficiency.