"Global Machinery & Technology Summit 2021” will invite manufacturers from across the globe to discover endless possibilities to support the growth of manufacturing industry. The industrial world is now stepping into a period that the development of innovations and technoloiesis doing businesses, Manufacturing industry is no exception. For manufacturers to keep up their competitiveness to keep attracting these investors, they would need the right and upto-date manufacturing technology. The brighter and sustainable future will be achievable by the latest manufacturing machinery and technologies.
The fourth industrial revolution, Industry 4.0 is poised to happen on a global scale, taking the automation of manufacturing processes to a new level by linking the cyber & physical, incorporating AI and enabling customized and flexible mass production technologies. Industry 4.0 creates a "smart factory" within which the cyber-physical systems monitor physical processes, create a virtual copy of the physical world and make decentralized decisions. Over the Internet of Things, cyber-physical systems communicate and cooperate with each other and with humans in real TIme
Industry 4.0 enables minimising wasteful processes and actions and optimizing use of energy and other inputs. This is achieved based on capturing data, its analysis and using the analysis to improve functioning of machines, factories and systems. The focus of Indian programme for Industry 4.0 is on using technology to make products for the global markets at competitive rates and to be embrace 4.0 technology with latest technological advancements.