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September 25, 2020

Tamil Nadu ties up with World Economic Forum to set up advanced manufacturing hub

The advanced manufacturing hub or AMHUB is without doubt one of the 19 platforms designed by WEF. The Tamil Nadu authorities, by its nodal funding promotion and facilitation company Steering, has partnered with World Economic Forum (WEF) to set up what it described as India’s first advanced manufacturing hub (AMHUB) within the state. With the... Read More

The advanced manufacturing hub or AMHUB is without doubt one of the 19 platforms designed by WEF.

The Tamil Nadu authorities, by its nodal funding promotion and facilitation company Steering, has partnered with World Economic Forum (WEF) to set up what it described as India’s first advanced manufacturing hub (AMHUB) within the state.

With the hub being in place, the state will profit from collaborations between enterprise and the federal government that maximise the potential of business growth methods and spotlight globally.

To draw high-tech organisations, Tamil Nadu wants an ecosystem for advanced manufacturing and desires to providea fillip to the event of business corridors and clusters, good cities. Now, Tamil Nadu will likely be in a position to harness alternatives within the sectors of electronics, electrical mobility, photo voltaic power and textiles by collaboration with AMHUB.

The advanced manufacturing hub or AMHUB is without doubt one of the 19 platforms designed by WEF. This platform focuses on partaking total regional manufacturing ecosystems to establish and tackle regional alternatives and challenges introduced by the Fourth Industrial Revolution (4IR) by amplifying regional success tales, sharing greatest practices and incubating new partnerships. As per WEF, the Fourth Industrial Revolution will be described as the appearance of cyber-physical programs involving totally new capabilities for individuals and machines.

Neeraj Mittal, CEO & MD, Steering, mentioned: “As an important contributor to the manufacturing sector in India, Tamil Nadu will utilise the AMHUB to adopt IoT (Internet of Things) and other emerging technologies for advanced manufacturing to sustain and create new avenues of manufacturing growth.”

In accordance to Steering, AMHUB will assist the manufacturing ecosystem in Tamil Nadu by figuring out and addressing regional alternatives introduced by the 4IR.

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