Made in India: 7 takeaways that are essential to its success
Indian prime minister last week launched the Made in India campaign, which pitted India as the next global manufacturing hub – a title currently held by China.
Prime minister, Narendra Modi spoke of the country’s need to innovate, and do away with red tape in order to make it appealing to global manufactures, but will the campaign lead to much-needed jobs, education reform and infrastructural development?
Manufacturing Global takes a look at some of the challenges the country and the campaign will face, and how to overcome them to make the initiative successful.
1. Create a stable business environment
An encouraging fiscal framework would go a long way in making the campaign a success. In order to appeal to companies on a global scale, India will need to develop its infrastructure from a physical and bureaucratic standpoint. Not only does manufacturing require finance, but also skilled manpower, hassle-free labour laws and infrastructure such a roads, airports, ports and more. Can the government make an assurance on that?
2. Work towards state collaboration
A great deal of impact on manufacturing is going to happen at state level. With this in mind it’s critical to have cooperation from all states across the country. The government is going to have to be very strategic about its approach to a collaborative effort if it wants to make the most of the scheme.
3. Foster a culture of innovation
India needs to foster a culture of innovation if it is going to appeal to global corporations. The country needs to be perceived as a forward thinking nation if large companies are going to entrust it with the development of their latest products.
4. Remove the red tape
The country will need to do away with complex and convoluting bureaucracy if it wants to attract foreign investment. The process of outsourcing to India needs to be made much faster, simpler and streamlined.
5. Focus on supplying skilled manpower
While this government initiative is laudable, it needs to ensure it can offer the skilled labour required. For India, this means a lot of investment will need to be pushed into education and up-skilling its people.
6. Advertise for manufacturers
Just as advertisements call for youth to join the armed forces, the government must talk, and talk a lot about manufacturing. The government should make manufacturing the most lucrative option in terms of loans and subsidies by supporting it fully. India needs to make itself hugely attractive to foreign investors if this campaign is to be successful.
7. Encourage a sense of domestic pride
Finally, if this campaign is going to reach its full potential it will need the entire country onboard, not just the government. Modi needs to develop schemes, education programs and incentives that truly encourage the backing and support of the Indian populous - only then will this scheme take flight.
Fluent.ai x BSH: Voice Automating the Assembly Line
Fluent.ai has deployed its voice recognition solutions in one of BSH’s German factories. BSH leads the market in producing connected appliances—its brands include Bosch, Siemens, Gaggenau, NEFF, and Thermador, and with this new partnership, the company intends to cut transition time in its assembly lines.
According to BSH, voice automation will yield 75-100% efficiency gains—but it’s the collaboration between the two companies that stands out. ‘After considering 11 companies for this partnership, we chose Fluent.ai because of their key competitive differentiators’, explained Ion Hauer, Venture Partner at BSH Startup Kitchen.
What Sets Fluent.ai Apart?
After seven years of research, the company developed a wide range of artificial intelligence (AI) software products to help original equipment manufacturers (OEM) expand their services. Three key aspects stood out to BSH, which operates across the world and in unique factory environments.
- Robust noise controls. The system can operate even in loud conditions.
- Low latency. The AI understands commands quickly and accurately.
- Multilingual support. BSH can expand the automation to any of its 50+ country operations.
How Voice Automation Works
Instead of pressing buttons, BSH factory workers will now be able to speak into a headset fitted with Fluent.ai’s voice recognition technology. After uttering a WakeWord, workers can use a command to start assembly line movement. As the technology is hands-free, workers benefit from less physical strain, which will both reduce employee fatigue and boost line production.
‘Implementing Fluent’s technology has already improved efficiencies within our factory, with initial implementation of the solution cutting down the transition time from four seconds to one and a half”, said Markus Maier, Project Lead at the BSH factory. ‘In the long run, the production time savings will be invaluable’.
Future Global Adoption
In the coming years, BSH and Fluent.ai will continue to push for artificial intelligence on factory lines, pursuing efficiency, ergonomics, and a healthy work environment. ‘We started with Fluent.ai on one factory assembly line, moved to three, and [are now] considering rolling the technology out worldwide’, said Maier.
Said Probal Lala, Fluent.ai’s CEO: ‘We are thrilled to be working with BSH, a company at the forefront of innovation. Seeing your solution out in the real world is incredibly rewarding, and we look forward to continuing and growing our collaboration’.