Page 49 - MMI- Nov-Dec-2021

In his presentation on ‘Ease of examples of ‘Digital Transforma- no trouble accommodating these
Doing Business in Tamil Nadu tion on the Shop Floor’. reforms. However, he added, MS-
State’, Aditya Nagarajan - Vice MEs would require some time to
President, Investment Promotion, Indian economic reforms restructure their policies. In any
Guidance Tamil Nadu, Industries A panel discussion on ‘Economic case, these codes are the way for-
Department, Government of Reforms in the Last Three De- ward to ensure employees a sta-
Tamil Nadu, elaborated on the fu- cades – Make in India 2.0’ was ble income and security.
ture investment opportunities in moderated by Nath. Speakers Make in India 2.0 and Atmanir-
Tamil Nadu as an export market such as Rohit Bhagade, Chief bhar Bharat were elevated in the
for German companies. Financial Officer, SAP India second round of the panel dis-
Umesh Pai, Managing Director, Subcontinent; VG Sakthikumar, cussion by pursuing policies that
EPLAN Software & Services Pvt Managing Director, Schwing Stet- are efficient, competitive, and
Ltd, spoke on the ‘Digitalized ter India; Prashanth Doreswamy, resilient, as well as self-sustain-
Future of the Industrial Eco- Country Head & Managing Di- ing and self-generating. The PLI
system- It’s in Your Hands’. He rector, Continental Automotive scheme, as per Doreswamy, has
discussed the digitalization pro- India; Ravi Agarwal, Managing accelerated investments in the
cess as well as the tectonic shift Director, Pepperl+Fuchs Facto- Automotive sector, with nearly
in manufacturing over the last ry Automation; Ulrich Greiner `3.5 lakh crore allotted for PLIs,
15 years in the context of opera- Pachter, CEO & Managing Direc- and `56,000 crore dedicated to
tional management. tor, SMS India Pvt Ltd; and Wil- the Automotive sector.
son Thomas, Managing Director, A strong infrastructure growth
Future smart Carl Zeiss India, presented their is required to achieve India's
manufacturing trends perspective on the topic. ambiguous goal of becoming a The ‘Sum-
Sreekanta Aradhya, Global Head When asked to elaborate on the US$5 trillion economy by 2025. mit Special’
– Connected Industries Business Insolvency & Bankruptcy Code Sakthikumar explained that the issue and
knowledge
Area, Robert Bosch Engineer- (IBC) and how it has helped the National Infrastructure Pipeline paper by BDB
ing & Business Solutions, spoke Indian Manufacturing sector, Project has been in full swing India titled
on ‘Seize the I4.0 Opportunity Bhagade elucidated that the IBC is since its inception in 2020. The ‘Government
– Onboard the Digital Transfor- a game-changer and a step in the Government is concentrating on incentives for
mation Journey’. He highlighted right direction for companies un- the Transportation and Power Emerging Op-
portunities –
the digitalization process from a der distress due to its sheer trans- sectors, while the Construction Atmanirbhar
‘Bosch perspective’, as well as a parency in timelines. The policy industry is gaining traction. Bharat & PLI
comprehensive road map for has also benefited the banking Scheme’ was
companies just starting on their system, with India’s Ease of Doing Awards also released
th
transformational journey. Business index rising from 136 VDMA India, in collaboration at the event.
Prashanth Uppunda, Technolo- to 66 in just five years. Sakthiku- with Rödl & Partner, conferred
th
gy & Innovation Topics Leader, mar added that India’s ‘single tax’ the fourth VDMA Manufactur-
SIEMENS Technology & Ser- GST policy benefits both the Gov- ing Excellence Awards under two
vices Pvt Ltd, assessed ‘Auton- ernment and foreign investors in categories. Vulkan Technologies
omous Factories – Reality or terms of ease of doing business. and Micro Precision Products
Myth’. Speaking on autonomous Speaking on the benefits India's shared the ‘Energy Efficiency and
factories which are unavoidable MSME sector can receive, Dore- Conservation Award’ for the ‘Me-
and how even small companies swamy said that when Non-Bank- dium Category,’ while Zahoran-
can take a step towards autono- ing Financial Companies (NBFCs) sky Moulds & Machines finished
mous manufacturing, he added, are considered, the MSME sector second. Continental Automotive
“Now, we tell our robots what to will benefit. Similarly, Agarwal Components won in the ‘Large
do and how to do but, tomorrow stated that the Emergency Credit category,’ with Truetzschler India
we will tell our robots what to Line Guarantee Scheme (ECLGS), coming in as the runner-up.
do, and they will decide how to.” as well as the speed and trans- R Stahl won the ‘Work Condition
Citing several examples of how parency with which it was imple- and Work Safety Award’ in the
SAP’s digital factories have mented, is a significant enabler for ‘Medium category,’ with Kern-Li-
helped companies turn around India’s export growth. ebers India coming in second.
their shop floors, Sumantha Concerning the New Labor Codes Daimler India Commercial Vehi-
Chakraborty, Senior Project Man- implemented, Thomas stated that cles India was the winner in the
ager, SAP India, touched upon large companies generally follow ‘Large category’ and Bosch was
various use cases and real-world these guidelines and would have the runner-up.

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