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IT Priorities and Strategies — India

IT Priorities and Strategies — India

The manufacturing industry in India has transformed itself in the past few years, starting with the liberalization of the economy in the 1990s to the current industrial reforms aimed at attracting FDI and eventually increasing employment and manufacturing contributions to the GDP. In order to cater to the ever-increasing regional demand and take advantage of the favorable economic policies, manufacturing companies have been keen to set up production facilities across various parts of the country. Most of the companies are trending toward creating a digital arm and an image in order to leverage the benefits that could be provided through existing technologies. The presence of a strong IT services sector has, in fact, aided in providing application support, systems integrations, and key manufacturing technology rollouts.At the same time, companies have looked beyond the availability of labor at competitive wages and have started investing in technologies in order to reap the complete benefits of a highly connected ecosystem. "The new-age customers are extremely informed on the available products, and in order to compete, most of the companies are looking toward technologies that would aid in creating customer-centric products while ensuring customer engagement stays alive through value-added services long after the actual product sale," says Sampath Kumar Venkataswamy, research manager, IDC Manufacturing Insights.

Please Note: Extended description available upon request.


IDC Manufacturing Insights Opinion
In This Study
Situation Overview
The Approach
Overview
Business Priorities
Caselet 1: Textile Manufacturers Considering Exporting to Iran
Business Concerns
PLM
Caselet 2: India's Leading Automobile Manufacturer
Supply Chain Management
ERP
Caselet 3: Global Manufacturer of Automobile Tires and Wheels
Current IT Challenges
Technology Investments
Manufacturing IT Spending
Adoption Rates of 3rd Platform Technologies
Future Outlook
Essential Guidance
Actions to Consider
Learn More
Related Research
Synopsis

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