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Mini–Orientation
on
The future of manufacturing industry in
post pandemic world
By
Abira Mukherjee
Assistant Professor
School of Engineering, NMIMS Mumbai
15-07-2020
1
Introduction
15-07-2020
2
Fig 1: The apple Tree
15-07-2020
3
Fig 2: Use-based classification of India’s
manufacturing sector
15-07-2020
4
Fig 3: Top Manufacturing countries in the
world
15-07-2020
5
Growth of Manufacturing Industry in
India’2020
15-07-2020
6
Fig 4: Market Size
Fig 5: FDI inflow
Source: ibef.org
15-07-2020
7
Source: ibef.org
Fig 6: Current trends
Fig 7: Government Initiative
15-07-2020
8
Fig 8
Source: ibef.org
15-07-2020
9
Fig 9
Source: ibef.org
15-07-2020
10
Fig 10
Source: ibef.org
15-07-2020
11
Source: ibef.org
Fig 11
15-07-2020
12Fig 12: India GDP from Manufacturing till Jan 2020
Covid 19
15-07-2020
13
https://www.worldometers.info/coronavirus/
Impact of Covid 19 on GDP worldwide
15-07-2020
14
15-07-2020
15
Fig 13: 2020 projected change in GDP
15-07-2020
16
15-07-2020
17
Impact of Covid 19 on Indian GDP
15-07-2020
18Fig 14: India GDP from Manufacturing post pandemic
Impact on Manufacturing Industry
15-07-2020
19
15-07-2020
20
Disruptions in
Supply Chain
world wide
Manufacturing
of PPE ,
ventilators by
Auto Giants
15-07-2020
21
Manufacture of
Hand Sanitizers
by Breweries
15-07-2020
22
Restaurants,
retailers,
apparel
makers
demand
crashed
15-07-2020
23
MSMEs face
a setback
15-07-2020
24
Migrant
Workers
start leaving
cities.
15-07-2020
25
15-07-2020
26
Fig 15:Most impacted businesses
15-07-2020
27
MANUFACTURING INDUSTRY
POST PANDEMIC
Crisis Nervous System
15-07-2020
28
Analyse
DecideRespond
Sense
15-07-2020
29
Digital Resilience
3D Printing
15-07-2020
30
Secure and
future proof
supply
chains
 Manufacturers can no longer depend upon price as
the primary criterion to source components
globally.
 To mitigate similar global supply disruptions in the
future, regional supply sources need to be
developed.
 Beyond price, additional materials will be
considered national security priorities, creating yet
another layer in the patchwork quilt of global trade
compliance requirements.
 Manufacturers should accelerate development of
local, lower-risk suppliers to supply critical parts in
case of supply stoppage across borders.
15-07-2020
31
New buying
behaviors
15-07-2020
32
 Each product line should be reviewed in the new
context, for affordability, relevance and potential new
uses.
 Marketers need to create rich, interactive online
experiences that give prospective buyers compelling
reasons to purchase.
 Manufacturers should aggressively adopt commercial
arrangements around value add services and
subscription-based models, acknowledging new
buying behaviors and locking in customers with
predictable revenue streams.
 Manufacturers should look into potential flexibility to
rapidly change product lines when conditions improve,
optimize new trends and manage cyclical demand
drops.
Employees
Protect,
Motivate,
Upskill
 Use automation aggressively to reduce infection
risk and also improve operations.
 This period is an opportunity to reskill employees in
preparation for post-COVID-19 needs, and online
learning platforms have come of age to meet this
need.
 Cultivate a new operating environment that will
ensure workforce health and productivity. This will
also be critical to attract and retain the best
employees as conditions improve.
15-07-2020
33
Industrial
Revolution
15-07-2020
34
Industry 4.0
15-07-2020
35
15-07-2020
36
Smart Manufacturing
15-07-2020
37
Questions
15-07-2020
38
15-07-2020
39
THANK YOU

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Future of manufacturing industry post covid19

Editor's Notes

  1. https://www.washingtonpost.com/history/2020/03/12/during-pandemic-isaac-newton-had-work-home-too-he-used-time-wisely/ https://www.history.com/news/did-an-apple-really-fall-on-isaac-newtons-head https://www.thehindubusinessline.com/news/variety/how-social-distancing-advocated-during-the-great-plague-led-to-newtons-theory-of-gravity/article31081259.ece#
  2. https://www.ibef.org/industry/manufacturing-sector-india/showcase
  3. https://www.weforum.org/agenda/2020/02/countries-manufacturing-trade-exports-economics/
  4. [6] https://tradingeconomics.com/india/gdp-from-manufacturing
  5. Reference [4] https://www.oecd.org/economic-outlook/
  6. [5] The Impact of COVID-19 on the Future of Advanced Manufacturing and Production Insights from the World Economic Forum’s Global Network of Advanced Manufacturing Hubs.
  7. https://www.businessinsider.in/business/news/general-motors-and-ford-are-ramping-up-ventilator-production-to-fight-the-coronavirus-pandemic-heres-where-they-are-now-/articleshow/74900153.cms
  8. https://www.craftbeer.com/news/brewery-news/weldwerks-brewing-co-partners-with-local-distillers-maltsters-and-manufacturers-to-create-hand-sanitizers-amid-covid-19-crisis
  9. [6] https://www.unido.org/stories/indias-manufacturing-reels-impact-covid-19
  10. Rolls-Royce has started a global cross-industry alliance called EMER2GENT to consolidate data and harness the power of analytics.1 The purpose is to provide practical applications and new insights in response to COVID-19. One plan is to use the data to identify lead indicators that signal economic recovery cycles to build confidence for investments.
  11. [8] Klaus Schwab, 2017. The Fourth Industrial Revolution.
  12. Internet of Things (IoT) adoption has been turning every device, and even components within a device, into a data creator over the past few years. Thorough application of sensor technology on the factory floor can eliminate blind spots, giving management or visualization systems a holistic view of operations that can be operated and monitored remotely.