India-UK: Partners in Manufacturing and Engineering
About the mission
India is expected to rank amongst the world’s top three growth economies and amongst the top three manufacturing destinations before 2025. In the fiscal year 2020, manufacturing generated 17.4 per cent of India's GDP compared to 7.4% in 2018. With these statistics speaking aloud for the empowerment of the manufacturing sector.
It is evident that technology has been spurring a wave of innovation in the sector while digital transformation in the manufacturing industry is also seen as a trend to gain an edge in this hypercompetitive market.
Some of the trends predicted in 2021 are:
- Emergence of smart spaces: The most notable trend in the manufacturing industry is the smart spaces - to leverage a plethora of technology combinations to dynamically coordinate with people and production processes in a flexible and automated fashion. Advanced manufacturing companies are implementing new technologies like AI, IoT and Data analytics to drive growth and profitability. 34% of manufacturers have plans to incorporate IoT technology into their processes, while 32% plan to embed IoT technology into their products.
- Increasing interest towards emerging technologies like 3D printing: Manufacturers’ shift to 3D printing to support prototyping, a highly cost-effective way for product designers to test and troubleshoot new products, is expected to gain ground in 2021.
- Focus on skilled human capital: It’s not all tech that is calling for attention, post COVID19, to stay aligned with the Government’s agenda of being Atmanirbhar, organizations will have to focus on building skilled human capital equipped for the future.
The Government of India is right to be open to international collaboration and the UK businesses can emerge as a strategic partner as they are eager and willing partners that can add significant value through mutual and reciprocal knowledge, skills and technology transfer. The UK is not simply a leader in advanced manufacturing but an innovator pioneering Industry 4.0.
Why attend?
- Participate in our plenary session to hear from industry experts, on current trends in manufacturing both in the UK and India
- Register for the networking session if you are an Indian/UK company looking for strategic partnership
- An opportunity to interact with key stakeholders from both UK and India in manufacturing sector and be part of a diverse delegation
- Get connected with our DIT sector team to know more about how we can support your current and future business plans
Networking session criteria for Companies:
- Having a commercialised product/ service
- And any one of the below :
- Having experience of exporting overseas and is interested in UK-India partnership
- UK Companies interested to export to India / Indian Companies interested to buy from UK
- Already doing business with India / UK
Sub sector companies should fall under :
- Electrical, Mechanical & Process Engineering
- Metals and metals processing
- Printing & Packaging
- Advanced Materials (such as Graphene, Composites)
- Low-cost automation
- Industrial Automation and Robotics - Industry 4.0,
- Metrology (scientific instruments, measuring, sensor and testing equipment)
- Plant and machinery/equipment (for use in food processing, packaging, clean mining, construction among others)
- Design and engineering services
- Environmental and social aspects of manufacturing and clean mining
Mission Details:
Date : 7th & 8th Dec 2021
Format of the (virtual) mission:
Day 1 : 7th Dec 2021
Time:
13:30 – 15:00 IST | Plenary Session
15:00 – 18:00 IST | Networking session
Day 2 : 8th Dec 2021
Time :
13:30 – 15:00 IST | Plenary Session
15:00 – 18:00 IST | Networking session
Supported by
