Business EconomyPosted at: Oct 28 2026 7:05PM


Hyd : CII calls for AI-driven manufacturing to enhance India's global competitiveness

Hyderabad, Oct 28 (UNI) India should accelerate artificial intelligence (AI) adoption, strengthen domestic value addition and empower MSMEs to transform its manufacturing sector into a globally competitive, technology-driven and sustainable ecosystem, industry leaders said at a conference organised by the Confederation of Indian Industry (CII) here on Wednesday.
Addressing the CII National Conference on Advanced Manufacturing, Telangana Special Chief Secretary and Principal Secretary (Energy) Navin Mittal highlighted opportunities in renewable energy, energy storage, electric mobility and data centres, stressing the need to strengthen domestic manufacturing across the solar value chain and develop energy-storage capabilities.
Rahul Garg, Chairman of the CII Special Taskforce on Advanced Manufacturing and Founder and CEO of Moglix, said AI, robotics, the Industrial Internet of Things (IIoT) and digital twins were becoming increasingly important for improving manufacturing productivity, product quality and export competitiveness.
B V R Mohan Reddy, Founder and Chairman of Cyient Ltd, said India's next phase of manufacturing growth should focus on design-led innovation, engineering capabilities and technology ownership rather than production scale alone.
He called for stronger collaboration among industry, academia, startups and MSMEs to develop globally competitive products.
Anand Ramamurthy, Managing Director of Micron India, emphasised the importance of infrastructure readiness, predictable policy frameworks and specialised talent in attracting investments and expanding advanced manufacturing, particularly in the semiconductor sector.
M Goutham Reddy, Chairman of CII Telangana, called for integrating sustainability with technology adoption and productivity improvement.
Telangana should build on its strengths in pharmaceuticals, aerospace, defence, IT and infrastructure while extending industrial development to rural areas and emerging sectors, he said.
Dilip Sawhney, Managing Director of Rockwell Automation India, stressed that technology adoption should be driven by business outcomes, leadership commitment and collaboration across the manufacturing ecosystem.
He called for greater localisation, stronger MSME integration and enhanced cybersecurity as factories become increasingly connected.
Gaurav Maheshwari, Vice-Chairman of CII Telangana, emphasised the need for closer collaboration between large manufacturers and MSMEs, greater access to advanced technologies and investment in automation to strengthen industrial value chains.
The conference, attended by over 200 industry leaders, technology experts and policymakers, deliberated on integrating AI, automation and IIoT into manufacturing, leveraging data across the value chain and attracting, reskilling and retaining talent in a technology-driven environment.
The participants stressed that higher domestic value addition, resilient supply chains, advanced automation, industry-aligned skills and sustained investment in research and development were essential to positioning India as a global manufacturing leader.
UNI KNR BM
Tags: #Hyd : CII calls for AI-driven manufacturing to enhance India's global competitiveness
More News

Bank of Baroda posts record Q2 profit of Rs 6,532 crore; expects H2 margin recovery

30 Oct 2026 | 7:09 PM

Mumbai, Oct 30 (UNI) Bank of Baroda has reported its highest-ever quarterly net profit of Rs 6,532 crore in the September quarter, but its first-half earnings declined 16.5 per cent year-on-year amid higher provisions, even as the lender expects margins and corporate credit growth to improve in the second half of the financial year.

see more..

Karur Vysya Bank expands branch network to 929, opens 2 branches in Telangana

30 Oct 2026 | 6:46 PM

Hyderabad, Oct 30 (UNI) Karur Vysya Bank (KVB) has opened eight new branches across four states, taking its nationwide branch network to 929, including two new outlets at Bachupally and Tandur, ourskirts of Hyderabad (Telangana).

see more..

30 Oct 2026 | 6:31 PM

New Delhi, Oct 30 (UNI) India's fiscal deficit stood at Rs 7.14 lakh crore during the first six months of the financial year 2026-27, equivalent to 42.1 per cent of the full-year Budget Estimate, according to the latest government accounts released on Friday. The deficit was higher than Rs 5.7 lakh crore recorded during the corresponding period of the previous financial year.

see more..

Hyd: Dr K Anand Kumar receives FABA Lifetime Achievement Award

30 Oct 2026 | 6:18 PM

Hyderabad, Oct 30 (UNI) Dr K. Anand Kumar, Managing Director of Indian Immunologicals Limited (IIL), has been conferred with the Lifetime Achievement Award by the Federation of Asian Biotech Associations (FABA) in recognition of his contributions to biotechnology, vaccine research, development and manufacturing.

see more..

Bank of Baroda posts record Q2 profit of Rs 6,532 crore

30 Oct 2026 | 5:17 PM

Mumbai, Oct 30 (UNI) Public sector lender Bank of Baroda on Friday reported its highest-ever quarterly net profit of Rs 6,532 crore for the July-September quarter of FY27, registering a 35.8 per cent year-on-year growth, even as its first-half net profit declined 16.5 per cent amid a sharp increase in provisioning.

see more..