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Siemens ‘Ingenuity Tour’ to boost technology adoption by SMEs arrives in NAGPUR

by TLN Team February 6, 2020
written by TLN Team February 6, 2020
Siemens ‘Ingenuity Tour’ to boost technology adoption by SMEs arrives in NAGPUR

Siemens Limited ‘Ingenuity Tour’, launched recently to showcase technology solutions for SMEs, will begin its Nagpur journey. The Truck will be stationed at NMPCL on February 7th & at JSW Steel CoatedProducts, Kalmeshwar on February 10th . The purpose of the tour is to engage, address challenges and raise awareness about the technologysolutions Siemens has to offer for key industries in India – Automotive, Food & Beverages, Packaging,Machine Tools Capital Goods, Power, Pharma, Cement, Minerals and Metals.

The road show is mobilisedby an ‘Ingenuity Truck’ which will cover over 23 States and 120 cities across India over a period of 2years.On display is a comprehensive array of latest products covering Electrification, Automation and
Digitalization from the fields of industry Software, Automation, Power Distribution, Drive Technology,
Digital & Cloud services, Industrial Training as well as customized Financing solutions.

The tour istargeted at various industry verticals and demonstrates the competitive advantage that can be gained
by adopting innovative technologies and solutions.Digital technologies are transforming our world. The ‘Make in India’ initiative aims to boost thecontribution of the manufacturing sector from 15% to 25% of the GDP, by 2022. To support this massivegrowth, India will need an ecosystem comprising of Tier 1, Tier 2, as well as the Tier 3 suppliers, with an
elevated level of manufacturing performance and agility.

“Digitalization is a top priority for us in Siemens and the Ingenuity Tour will help us engage and address
challenges of our customers from various verticals and industry suppliers across the complete value
chain. SMEs can utilize digitalization to address growing demands such as mastering increasing product
and process complexity, reducing time to market, adapting to changing market requirements, deliver
individualized products and secure continuous product improvement,” said, Bhaskar Mandal, Head,
Digital Industries, Siemens Limited.

Digitalization promises lower costs, improved production quality, flexibility and efficiency, shorterresponse time to customer requests and market demands, and also opens up new and innovative business opportunities. Indian manufacturers have the unique opportunity to blend the availability of advanced manufacturing technologies with low cost of labour to create extraordinary competitive advantage. The need of the hour is for SMEs to take the lead in adopting new technologies and make itan integral part of their business strategies. Those that are successful in understanding the power ofdigitalization and harnessing it across their businesses will lead this new wave of growth.

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