Emerging Manufacturing Sector

Authors

  • Manisha Sachar Associate Professor of Commerce Pt. CLS Govt. College, Karnal
  • Sushma Rani Associate Professor of Commerce Pt. CLS Govt. College, Karnal

Keywords:

manufacturing sector, emerging technologies, automation, robotics

Abstract

Changes in technology, customer preferences, and the state of the global market have all contributed to the manufacturing industry's dramatic evolution in recent years. This abstract delves at the rise of manufacturing as an engine of economic expansion and technological advancement in the new millennium. It emphasises the revolutionary effect of new technologies and trends on the manufacturing sector, including automation, additive manufacturing, sustainable practises, and digitization. Highlighting the issues faced by the conventional manufacturing industry, such as high production prices, lengthy lead times, and restricted customisation options. The article then goes into the paradigm change triggered by these new technologies, with special emphasis on the role played by automation and robots in optimising manufacturing procedures, cutting costs, and raising output. Additive manufacturing, often known as 3D printing, is discussed for how technology has changed prototyping, individualization, and low-volume manufacturing.

References

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Published

31-12-2020

How to Cite

Manisha Sachar, & Sushma Rani. (2020). Emerging Manufacturing Sector. International Journal for Research Publication and Seminar, 11(4), 217–221. Retrieved from https://jrps.shodhsagar.com/index.php/j/article/view/1219

Issue

Section

Original Research Article