The collaboration is aimed to develop a national educational curriculum and skill building programme through a vibrant incubation and administrative environment. Technology enabled Manufacturing, or Industry 4.0 as it is referred is a revolution in manufacturing and consumption. It alters the way decisions are made regarding what to produce, where to produce, when to produce and how much to produce.
According to Mr. P V Sivaram, President AIA “Smart Manufacturing would ensure lower cost of production, higher quality, fewer rejects and a wider market reach. This also has other broader benefits like lower energy consumption, lesser emissions and will help in preserving the raw materials. It will also assist in decentralization.”
Terming the collaboration as a major step towards technological growth, IITD director Prof Ramgopal Rao said that the industry-academia partnership needs to be taken to the next level. “We need to look ahead and overcome all the barriers. This is a good beginning. The future lies in smart manufacturing and we have great path ahead. IITD is well equipped to train the future workforce.”
Dean R&D Prof B R Mehta said that the collaboration will have a large impact on the research ecosystem. “This will be the fifth center of excellence at IITD in the last few months and I am confident that this will give a tremendous boost to our R&D landscape.”
Mr Sanjay Chavre, the Ministry spokesperson, who was also present during the MoU signing said: “Our Prime Minister has launched the Zero Defect and Zero Effect scheme for the Micro, Small and Medium Enterprises(MSMEs) to deliver top quality products using clean technology. The Center will be a step in this direction.”