Churn out manufactured products faster
By admin June 30, 2015 11:40 am
The ‘Make in India’ initiative doesn’t eradicate the challenges faced by manufacturing sector. The government along with solution providers need to work closely to gain the desired results.
Atul Sareen, MD, Infor India_________________________________
New York-headquartered Infor, the enterprise applications and services company, has carved out its own space in the business applications software sector across the industries.
Infor offers deep industry-specific applications and suites, engineered for speed, and with an innovative user experience design that is simple, transparent, and elegant. It provides flexible deployment options that give customers a choice to run their businesses in the cloud, on-premises, or both.
In an interview with OEM Update, Atul Sareen, MD, Infor India details the opportunities for enterprise application software industry out of ‘Make in India’ initiative, as well as the requisite measures to ensure its success.
Opportunities for smart enterprise application softwareManufacturing as a sector faces the challenge of constantly innovating in this competitive market. Mr Sareen feels there is a need to introduce new products regularly in order to address the customer needs. “This complexity brings in the need for smart enterprise application software which can understand and address the specific needs of assimilating the processes, automation, forecast demands and generating profitability whilst adhering to compliance,” he adds.
India has a large youth population and though agriculture employs almost 60 per cent of the population, manufacturing sector contributes as high as 16 per cent to the country’s overall GDP and hence is an important sector for the country’s growth. The ‘Make in India’ aims at making India a manufacturing hub and thereby opens a plethora of opportunities. “To make India a manufacturing hub, India will have to churn out manufactured products at a faster rate. To aide this, technology-based solutions will need to be used. This opens a wide spectrum of opportunities for enterprise application providers to work closely with the government to develop and use these solutions to gain success,” Mr Sareen says.
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