Digital Manufacturing in India can bring in a new age globalisation of manufacturing, and developing resilient, transparent and trusted supply chains. With the help of MNCs, start-ups and government in accelerating digital adoption, and India must become part of the emerging global trading system, using the COVID-19 pandemic to accelerate digitisation.
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In Dec 2020, U.S. private equity firm Blackstone acquired a controlling stake in Piramal Glass, in recognition of its inherent business value and accelerated digital journey. The plant in Kosamba, Gujarat, is an export powerhouse which has adopted digital technologies like IoT and cloud, and is a lodestar for brownfield facilities looking to become globally competitive, data-driven, and Industry-4.0 enabled. Early digital innovation helped restore plant-wide operations within a week of the COVID-19 pandemic, whilst adhering to stringent regulatory norms and workforce restrictions.
Individuals now generate copious amounts of personal data everyday – both online and offline. Devices and infrastructure extract data, which can be shared instantly across borders with diverse entities - without consent. It is imperative that countries come together to create regulations to protect individuals who are unable to control how their data is shared and processed. A model already exists in the Paris Climate Agreement.
With an increasing human and robotic footprint in the solar system, there is a need to develop robust regulatory mechanisms to prevent the “forward” and “backward” biochemical contamination of these unexplored celestial bodies.
Big Tech wields considerable influence over commerce, speech, media, and politics. Mergers and acquisitions have been key to their burgeoning growth. Now it is clear that their power is buttressed by anti-competitive and predatory practices. Governments across the world are moving to redress this through regulation, but the task is complex.
The growth of digital interconnectedness between the factory floor and the internet has led to a corresponding growth of potential risks with both humans and machinery susceptible to manipulation. This has deep implications for the safety of personnel, plants and machinery, and profits.
There has been an increasing need for the regulation of content on social media platforms like Twitter, WhatsApp and Facebook. Ambika Khanna, Senior Researcher for International Law Studies Programme explains the legal concerns associated with intermediaries
Drones have become vital to the operations of many industries and government organisations across the world. With huge economic opportunity to be derived from the use, manufacture and sale of drones, the Indian government must refine policy and address regulatory lacunae to help boost both technology adoption and drone manufacture in India.
Social media platforms such as Twitter and Facebook have come under global scrutiny in recent months following their use to incite or misinform the public. For years, governments around the democratic world have not taken the responsibility to adequately regulate these platforms. Now that may be changing – and it won’t be easy.
With India now considering the creation of a policy to promote additive manufacturing, it is necessary to look at whether this new industry has a conducive regulatory environment, both at the domestic and global level. A key element of additive manufacturing is 3D, rapidly becoming a critical element in industrial and national security. Suitable regulation will ensure that countries that are heavily reliant on China for manufacturing, will have a chance to build their own industrial base