PwC Survey Shows 54 Percent AI Adoption in Indian Manufacturing
India’s manufacturing sector is embracing artificial intelligence (AI) and advanced analytics, as per PwC report. Around 54
percent of Indian manufacturing companies use AI and analytics, demonstrating a growing embrace of digital technologies.
Customer preferences, new distribution models, supply chain disruptions, and government programs like ‘Make in India’ and production-linked incentive (PLI) schemes drive the transition. Indian organizations prefer uniform digital solutions throughout their facilities, focusing on people, policies, and mindsets, according to the report. 38 percent of Indian enterprises do not plan to adopt digital technologies.
However, most Indian manufacturers are following global trends and adopting modern technology like additive manufacturing, AI, analytics, AR/VR, and smart devices. Industrial manufacturing, hi-tech and electronics, and pharma and MedTech are spearheading digital transformation, according to the report.