How Technologies are changing Manufacturing Industry

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Manufacturing Industry

Manufacturing is the process of producing goods for International and Domestic sales using machines, tools through chemical or biological processes. This is the type of secondary Industry, raw materials or inputs used from Primary industry to manufacture the final goods or products. There are the following Categories of Manufacturing Industry –

  • Apparel/Textile Industry
  • Chemical and Allied Industry
  • Electronics/Electrical Industry
  • Metal Industry
  • Food Industry
  • Furniture/Wood Industry
  • Leather Industry
  • Petroleum Industry
  • Transportation Equipment Industry

The technology used in the Manufacturing has shaped the way we do business, It provides the tools which magnify the efforts of each worker and give the power to turn the raw materials into affordable, quality goods essential to society for making modern life possible by rising standard of living.

Manufacturing tools include Machines, related equipment their accessories, and tooling, these are nonportable, Power Driven Manufacturing Machinery, and systems used to perform specific operations, Related technologies include Computer-Aided Design (CAD) and Computer-Aided Manufacturing (CAM).

Technologies which are used in Manufacturing Process –

  • Software for Designing Machines – CAD/CAM/Computer Numerical Control/Direct Numerical Control/ Programmable Logic Control(PLC)/NC/Program Optimization Software.
  • Material Removal tools – tools for drilling, grinding, tapping, electrical discharge machines (EDM), Laser Process equipment.
  • Material Forming Technologies – tools for Stamping, bending, cold, and hot forming equipment.
  • Work holding – Chucks/Clamps/Angle plates/tooling columns
  • Additive Process – 3D Printing, Rapid Prototyping equipment.
  • Material handling – Conveyors/Automated wire guide vehicles/robots/Pallet changers
  • Automation used in companies – Automated Systems/Transfer Machines/Flexible Manufacturing Systems.

Role of Government in Manufacturing Industry:-

In India Manufacturing Exporters can import raw materials without paying customs duty to produce the export products under the Advance Authorisation Scheme (AAS), to avail the benefits under AAS Manufacturer exporters need to do the application into DGFT website, DGFT stands for Directorate General of Foreign Trade.

Goods Exporters can avail the Government incentive under the MEIS Scheme (Merchandise Exports From India Scheme) in the form of duty credit scrips which can be used in the payment of customs duty.

Innovation and technology can improve the way we manufacture these can increase the efficiency of the business, increase the speed, accuracy, expand the range of production.

In the following areas technology can achieve better results include –

In resource Management, Software that coordinates the production process, in an accounting system where orders book meets the production, Dispatch, invoice generation, stock replenishment systems, etc.

Benefits of using technology in Manufacturing –

  • Affordable Agricultural Products
  • Business/Trading can run more efficiently
  • Production cost will be lower
  • Affordable Products
  • Products shall be competitive in the Global Market
  • Efficient Transportation

The government introduced the RoDTEP scheme which will reimburse all the taxes and duties on the export products which are not refunded in any existing scheme, RoDTEP scheme replaced the existing MEIS scheme and the implementation of the scheme shall be done phase-wise.

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