ABB highlights importance of technologies
India can leapfrog and show the way when it comes to innovative AI applications by working with MSMEs and the eco-system as it is critical for the industrial and manufacturing adoption of such technologies.
ABB India Managing Director Sanjeev Sharma said this underlining the advanced technologies role in the industries at the AI workshop organized on 26 Mar 2019.
“With its established history of working with them for several decades and driving the change with new digital solutions, ABB would be the perfect catalyst,” he assured.
ABB India and NITI Aayog co-organized the workshop various facets of AI based technology adoption across certain sectors that brought together entrepreneurs, policymakers, state government functionaries and technology experts.
Aligned with the national objective of ‘AI for All’, the workshop, held at the ABB Ability Innovation Center (AIC) in Bengaluru featured MSMEs and entrepreneurs from selected sectors of pharmaceuticals, textiles, electrical and electronics, food processing and manufacturing.
The workshop focused on three key areas and addressed sector specific issues – regulatory, financial and policy concerns relating to adoption of automation by the MSMEs.
It also looked at exploring innovative business and economic models (plug and play, cluster approach, shared manufacturing approach) to accelerate technology adoption by MSMEs.
The workshops discussed optimizing costs and addressing potential impacts of automation and AI on the workforce, especially considering steps that could be taken to educate, train and reskill the workforce.
“At NITI Aayog we are no longer working on one-way policy plans, we have wide and deep interactions with those for whom the policies are intended to focus on,” said Anna Roy, Senior Adviser, NITI Aayog
“At ABB Ability Innovation Center, we have brought all stakeholders of MSME value chain to identify the roadblocks they face in growth, be it in business models, financing or skilled labor.
“Together we will find ways in which we can address the same using tools ranging from policy to technology,” he stressed. Fiinews.com
