{"id":18766,"date":"2021-03-05T10:33:03","date_gmt":"2021-03-05T10:33:03","guid":{"rendered":"https:\/\/plyinsight.com\/?p=18766"},"modified":"2021-03-05T10:33:05","modified_gmt":"2021-03-05T10:33:05","slug":"digital-power","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/digital-power\/","title":{"rendered":"DIGITAL POWER"},"content":{"rendered":"

Now is the perfect time for Indian Entrepreneurs to be digital<\/p>\n

Mass Production with low costing and high value should be the motive. China has proved this. After Covid, if foreign companies intends to divert themselves, India should be prepared to receive them.<\/p>\n

The first step should be that the plant should be up graded technologically. At the same time, it has to be looked how costing can be lowered to be competitive. Digitalization will be the most effective step to achieve it.<\/p>\n

Industrialist will have to make the products more reliable and world class. So that the customer is much more assured for the quality of Indian Product. The use of robots may be better option to keep costing down. Going through this line, the quality of the product can be better, whereas the cost of labour can be minimized. China has occupied the world market by working on this angle.<\/span><\/p>\n

Labour is cheaper in China and it was used smartly in the industry. But, even after this, smart machine and robots were developed to be used in manufacturing process. Demand and use for industrial robotics has grown rapidly in China in these years. Entrepreneurs in India should have to move ahead in the same direction, with a long term policy. We can lag behind, if we do not go for advanced technology, digitalization and robotic system in the industry.<\/span><\/p>\n

The world standing at the cusp of the Fourth Industrial Revolution is being divided into two camps, one of which is of countries that are inventing new technology. The second camp is of countries who are depended on others for new technology.<\/p>\n

As economic reforms began in 1991, governments was focused mainly on economic problems more than technological development. The private sector was also busy seeking technology from outside rather than developing the technology indigenously.<\/p>\n

It is not that India cannot develop state-of-the-art technology when needed. If India wants to get out of the list of countries dependent on other countries for technology, then our attitude has to be changed. However, where it had easy access to technology, it did not show much interest in competing with other countries. Only GDP (Gross Domestic Product) will not make it in to the platform of global trade.<\/p>\n\n\n\n\n\n\n

<\/p>\n\n\n\n

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Now is the perfect time for Indian Entrepreneurs to be digital Mass Production with low costing and high value should be the motive. China has proved this. After Covid, if foreign companies intends to divert themselves, India should be prepared to receive them. The first step should be that the plant should be up graded […]<\/p>","protected":false},"author":1,"featured_media":18768,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1035],"tags":[],"class_list":["post-18766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-february-articles-2021"],"yoast_head":"\nDIGITAL POWER - PLY INSIGHT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/digital-power\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DIGITAL POWER - PLY INSIGHT\" \/>\n<meta property=\"og:description\" content=\"Now is the perfect time for Indian Entrepreneurs to be digital Mass Production with low costing and high value should be the motive. 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