Mass Customization: The Benefits Of Additive Manufacturing In India

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Mass customization: Mass customization enables the production of custom-made goods while retaining the advantages of mass production. Additive manufacturing: Also called 3D printing, additive manufacturing uses a process by which an object is created by laying down successive layers of the object using computer-aided design (CAD). A quick mention of some fundamental manufacturing processes: they are casting (in which liquid material is poured into a mould), moulding (liquid or pliable material is shaped), forming (material is reshaped without taking away or adding any other material to it), machining (material is cut into a desired shape), and joining (welding, soldering, brazing, adhesive bonding, fastening wood and metal, etc.). Quick …show more content…

Under the National Manufacturing Policy 2015, ambitious programmes are under way to take this figure to 25 percent and the total output from this sector to $1 trillion by 2022. India’s manufactured exports are worth over $180 billion, or 45 percent of the country’s total exports, with the biggest exports being engineering goods, chemicals and related products, and leather goods. Textiles, capital goods, cement, food products, pharmaceuticals, metals, plastics and rubber, electronics and automobiles are the most upbeat segments, according to …show more content…

Siemens is investing $1.3 billion in its Indian facility, Samsung is expanding its plant in Noida at a cost of $77 million, IKEA is planning to double its sourcing from India to $711 million, and the pharmaceutical major Sanofi SA is investing $69 million to develop its facility. Other companies, including Samsung, LG, Airbus, and Philips, have reported made commitments to invest $16 billion in India. With these investments, the country’s chances of remaining a top nation in the Global Manufacturing Competitiveness Index are

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