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Social Innovation

Manufacturing in India

India is cruising on the highway of technological revolution in both IT and OT technology propelling fast-paced urbanization, which is changing lifestyles and rapidly bringing new challenges and opportunities in its wake.

Suitably equipped with Hitachi’s more than a hundred years old legacy of innovative solutions which has immensely benefitted the world, Hitachi India is working closely with the government’s vision in devising smart ways to meet needs of expanding urban landscapes, growing population, increasing consumption fueled with rising aspirations of a generation with more disposable income.

This surging demand is straining the existing resources of energy, transport, manufacturing, infrastructure, resources and environment. It is imperative to employ innovative solutions to produce maximum out of minimum resources.

Hitachi through its Social Innovation Business is actively helping India to embrace this new era of growth, which is on the path of becoming a center for high-tech world manufacturing.

The manufacturing sector in India is set to play a key role in the country’s growth endorsed by the government’s vision to give a big push to manufacturing and make it reach 25% of the GDP by 2020.1

The scale of the impact on the economy can be gauged from government projections and media reports which foresee that India’s manufacturing sector can touch 1 trillion USD by 2025 and there is potential for the sector to create up to 90 million domestic jobs by 2025.1

Building foundation of a robust and well-balanced infrastructure is a pre-requisite for the government to take manufacturing industry to such extraordinary heights. Therefore, to achieve such ambitious target and ensure sustained all-round development the government has envisioned bolstering the country’s infrastructure by building 50 million houses, set up 100 smart cities, modernize the railway network, redevelop stations and develop new railway corridors besides a roadmap to generate 175 GW of renewable energy for transmission and distribution networks, bridges, national highways, and metro rail networks.

Energy in India

With such defined targets the government has clearly stated its commitment to meet the pressing present and future demands before they become critical and prevent the resultant irreversible chaos through evolved, high impact solutions which reduce the alarming levels of pollution, meet increasing demands of electric power, technologically advanced and safer transport systems, vehicles, equipment and materials fundamental to industries to create growth and make lives of people easier in a safer and healthier environment guided by the intent of long term sustained development with minimum effects on resources.

Hitachi believes nothing can be achieved in isolation. Concerted and collective efforts help transformational processes because innovations and collaborative efforts make a big positive change in people’s lives.

Hitachi’s Social Innovation Business at the heart of all its global cutting edge product technologies it develops, is specifically designed to enrich lives through collaborative creation while reducing carbon footprint through continuous innovations in manufacturing, Information and operational technology in line with the vision of the government, the society and preservation of the environment people live in.

Hitachi’s global standard manufacturing facilities across India helps its clients to consistently excel through its innovative product line-up guided by Hitachi’s more than a century old legacy of collaborative creation around the world.

Source: 1 - FICCI & PWC

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