A recent report by McKinsey & Company, states that, if Indian firms adopt Industry 4.0 across manufacturing, supply chain, logistics and procurement, they can boost profits by 40 per cent at less than 10 per cent of the planned capital expenditure. Hence, going forward, Indian companies will have to continuously explore and look for new exponential breakthroughs to succeed and thrive in the digitally disruptive market. Enterprise leaders will also have to re-imagine the ecosystem and drive differentiated capabilities, new business models and revenue streams while upskilling the talent for shaping the future. While on a path of advancements, it is of utmost importance for companies to develop sustainable model of manufacturing practices for better tomorrow. With the Indian manufacturing sector aiming to reach $ 1 trillion by 2025, the question is: Are we ready to embrace the future? “Cover Story” of IPF's 47th Annual Edition attempts to answer this query as industry experts deliberate on ways and means to make India a global hub for manufacturing and R&D. They also discuss strategies to be adopted by Indian manufacturing industry to overcome challenges and emerge winner. Besides, the Mega Issue features over "430 products" in more than 30 industrial product categories.
Industrial Products Finder (IPF), a pioneer industrial journal in India, was launched in 1972. It gives industrial manufacturers and exclusive dealers/importers of industrial products a forum to display their ware, in a medium that was to be made regularly available to the users of these products. IPF focuses on all industrial/engineering products and services, consultancies, repair and reconditioning services, industrial security and safety services, and of late, pollution control and environment protection services. Apart from products, there are also other regular features that complement the core activity – a capsule of important events and developments in the industrial sector, news on companies, projects, joint ventures and mergers, etc; a selection of articles written by experts in the field as well as academics; and information on all important trade fairs, conferences, seminars and training programmers.