Chairman of Meritor Organisation Dr N. Muthukumar on Friday emphasized the need to adopt green technology in the manufacturing sector. “We need to give thrust on solar energy to a great extent,” Dr Muthukumar added.
He was speaking at the three-day 72nd Indian Foundry Congress and IFEX 2024 exhibition organized by The Institute of Indian Foundation at the International Exhibition Centre.
He said several sectors are functioning under the Indian Foundry Congress such as Aviation, Defence, Electric Vehicles, and mobile phones, and there is a need to cut down on expenses by switching on to Green Technology in order to give thrust to sustainable manufacturing.
“Solar energy will enable the industry to become sustainable,” Dr Muthukumar added.
According to Dr Muthukumar, India is the country of future and it is necessary to develop sustainable manufacturing system for the future generations.
“We need to prepare an action-plan to make sure that 80 percent of the manufacturing process are done with renewable energy and solar energy. We also need to ensure the re-use and re-, cycling of water,” he added.
Dr Muthukumar said the average life span of those working in Foundry sector is comparatively low. In this background, we need to ensure that we adopt a technology that will stand the test of time for next 100 years.
“Positive work culture and dedication must be our thumb rule to make India a number one country in the manufacturing sector,” he said.
D. M. Girish, Vice President & Head of Volvo Group Purchasing India, in his speech said, “There is a very good future for the manufacturing sector that needs to be properly utilized. It is expected that 1.2 trillion dollar worth of manufacturing equipment’s are being imported out of which 400 thousand dollars’ worth of equipment’s are earmarked for automobile sector.
“There will be a great demand for battery-run vehicles, goods vehicles. We need to keep this in mind when we undertake our work,” he added.
Indian Foundry Congress Organising Chairman IFC 2024, S Rudre Gowda in his speech said there is an increase in the demand for automobiles, earth moving equipment’s, aerospace and Defence sector. “We need to make the best use of this opportunity,” he said.
More than 350 exhibitors have exhibited their product and latest technology, dyes, inspection equipment’s, robotic automation and security equipment’s are on display in the exhibition.
More than 1500 exhibitors from India and abroad are taking part in the exhibition.
IIF President D S Chandrashekar, Vice President of the Organising Committee D. G. Benkappa, Secretary IFS 2024 Organising Committee, Ankit Diwakar, Secretary IFS 2024 Organising Committee Vignesh Ramanan were present on the occasion