Introduction

India will be the third most sought-after manufacturing destination globally by 2025. India’s manufacturing sector will reach US$ 1 trillion.

The last two years were disruptive for manufacturers. They struggled with supply chain challenges, workforce and labor issues, etc. Today, India’s manufacturing sector is on the cusp of structural shifts buoyed by government initiative PLIs, robust policy thrust, and fresh investments.   As per the research, India is emerging as an integral pillar of economic growth. In FY21-22, India’s manufacturing exports reached an unprecedented $418 billion (Over 40% higher compared to the $290 billion from the previous year). Soon it is expected to become a global manufacturing hub. As per data, by 2030, it’s expected to add over US$ 500 billion to the global economy annually. 

Lately, India has witnessed revenue from several large multinational companies that have either looked to invest in manufacturing operations in the country or have done so as of now—on the rear of government support for FDI in certain sectors, a huge market to take care of, and India’s enormous, young and skilled workforce. Indeed, these positive developments are creating a robust pipeline for the nation’s sustained economic growth. However, bridging talent and workforce skill gaps, overcoming supply chain challenges, scaling smart technologies, and securing digital infrastructure are still the biggest challenges. The dilemma is to deliver the following top 4 priorities: -

  • Develop an industry 4.0 roadmap that solves unique business problems and adheres to the company vision.
  • Create a business case and demonstrate ROI.
  • Build a resilient supply chain and robust infrastructure.
  • Form a proficient workforce culture to accelerate the business transformation journey.


The Mint-Zetwerk Smart Manufacturing Summit 2022 showcases how to spur economic growth and make India a global competitive manufacturing hub. Also, to develop strong manufacturing value chains with potential to function in international businesses, power development, and create long-term employment opportunities, and abilities for thousands.


Agenda

1:00 PM onwards
  • 1:00 PM – 2:15 PM

    Registration & Networking Lunch

  • 2:15 PM – 2:20 PM

    Welcome Address

    By Sruthijith KK, Editor In Chief, Mint

  • 2:20 PM – 2:35 PM

    Keynote Address

    By Shri Piyush Goyal, Hon’ble Union Minister of Commerce & Industry

  • 2:35 PM – 2:55 PM

    QnA Session

    Sruthijith KK, Editor In Chief, Mint in conversation with Shri Piyush Goyal,  Hon’ble Union Minister of Commerce & Industry

  • 3:00 PM – 3:40 PM

    Panel Discussion: Building a $5 trillion economy through manufacturing & infrastructure

    The government of India has a target to become the third-largest economy in the world and achieve $5 trillion by FY27. India needs to grow at a 9% annual rate to make it possible. The government has introduced many effective schemes and policies. Public spending and legal & labor reforms are already in progress.

    The two key sectors that will lead India’s march are Manufacturing and Infrastructure. Why? Because of their capacity to enhance mobility & accessibility, connect people & communities, generate new opportunities, facilitate trade, and boost overall economic productivity. But the ask is—why are manufacturing and infrastructure new growth formula, and how will they help India achieve the aim?

    Speakers:
    Anil Chaudhry
    , Country President & MD India, Schneider Electric
    Deepesh Nanda, CEO, GE Gas Power South Asia
    Vaibhav Dange, Infrastructure Expert - Formerly Advisor NHAI  
    Sandeep Singh, MD, Tata Hitachi
    Vishal Chaudhary, Co-founder, Zetwerk
    Vinati Saraf, CEO & MD, Vinati Organics Ltd

    Moderator: Alisha Sachdev, Assistant Editor, Mint

  • 3:40 PM – 4:15 PM

    Networking Break

  • 4:15 PM – 4:45 PM

    Panel Discussion: Future of Consumer Electronics & D2C Manufacturing in India

    In the last few years, D2C market has grown exponentially in India. If you look at the statistics, India had more than 800 D2C startups operating in the country as of 2021. In 2021, the D2C witnessed unprecedented funding of over $1.4 Bn across 160+ funding deals. As a result, it is shining an even brighter spotlight. By 2025, the prediction is to touch $100 Billion. The reasons for this dramatic D2C brands shore up are— evolving growth of digital infrastructure and the rise in millennial count coupled with the pandemic. What is the future of this red-hot sector in India? How is D2C driving the retail revolution? What’s in store for D2C in India?

    Speakers:
    Manish Sharma
    , Chairman, Panasonic Life Solutions India Ltd.
    Pramod Mundra, EVP & CIO, Havells
    Sasikumar Gendham, Managing Director, Salcomp Manufacturing India
    Dr. Ravi M.Bhatkal, MD, Element Solutions Inc.
    Rahul Sharma, Co-Founder, Zetwerk

    Moderator: Aashish Gupta, Partner, Grant Thornton Bharat

  • 4:45 PM – 5:15 PM

    Financing for MSMEs - the constraints to supply chain financing & the solutions

    MSME is the backbone of India’s economy, with over 63 million MSMEs and a 29% contribution to India’s GDP. MSMEs have significantly helped India achieve a world-class $400 billion in export with a 50% contribution. As India aspires to achieve the #3 position in the world, MSMEs are under immense focus. 

    Unfortunately, the lack of easy access to simple and timely credit slows the pace. As per data, out of 6 crore MSMEs, only 1.5 lakhs do exports. Whereas 70% of MSMEs require funds. Supply Chain Financing is the boon here—enabling MSMEs to access capital more efficiently, reduce alliance on alternate funding sources, make payment easy, and immediately manage working capital needs. The ask is—what constraints can supply chain finance cut? How will it smooth financing for MSMEs? How will it bring speed and agility to the overall system?

    Speakers:
    Rajesh Bansal
    , CEO, The Reserve Bank Innovation Hub
    Prakash Sankaran
    , MD & CEO, Invoicemart, A.TReDS Ltd.
    Ankit Fatehpuria
    , Co-Founder, Zetwerk

    Moderator: Annu Gupta, Partner, PwC India

  • 5:15 PM – 5:45 PM

    Fireside chat 2: Creating Talent and Skill Dividend for Advanced Manufacturing Industry

    Industry 4.0 has the potential to add tremendous value to the business. But, still, many manufacturers are slow to adopt advanced manufacturing. As per the latest research, the chief concern is the identification, training, and retention of the right talent. Already manufacturing continues to suffer from an acute labor shortage. During the COVID, the manufacturing sector netted a loss of 578,000 jobs (roughly 6 years of job gains).

    The moment of truth: Digital transformation pace will continue. With that, how can manufacturing industry leaders ensure the future workforce have the right skills and knowledge demanded by the digital revolution? how can they create pathways to tomorrow's job today? Most importantly, how can they foster an inclusive culture?

    Srinath Ramakkrushnan, Co-Founder, Zetwerk in conversation with Rajeev Chandrasekhar, Hon'ble Union Minister of State for Electronics and Information Technology

  • 5:45 PM – 6:00 PM

    Networking Break

  • 6:00 PM – 6:30 PM

    Keynote Address

    By Nitin Gadkari, Hon’ble Minister of Road Transport and Highways

  • 6:20 PM – 6:45 PM

    QnA Session

    Sruthijith KK, Editor In Chief, Mint in conversation with Shri Nitin Gadkari, Hon’ble Minister of Road Transport and Highways 

  • 6:45 PM – 7:15 PM

    Fireside chat 3: Building Disruptors in Manufacturing

    India garnered the highest-ever annual FDI inflow: US$ 83.57 billion in FY2022. Manufacturing was one of the greatest contributors, with US$ 21.34 billion in FDI equity inflows, a 76% YoY growth from the last year, amounting to US$ 12.09 billion. Moving ahead, infrastructure was the top sector in September 2022, with US$ 795 million in PE/VC investments. Yet, for over a decade, Indian private investments have been weak.

    The finance minister is not witnessing the investments happening at the pace it expected. Despite this, GoI even reduced the tax rates of domestic organizations from 30% to 22% in the hope to revitalize private investments. Having said, the ask is—why is private investment lagging in India? Why is Union Finance Minister urging industry giants to invest in manufacturing and infrastructure? Is it an opportune time to spend aggressively on manufacturing and infrastructure? Will private sector financing remain at an all-time low or rise? 

    Amrit Acharya, CEO, Zetwerk in conversation with Rajan Anandan, Managing Director, Sequoia Capital

  • 7:15 PM – Onwards

    Cocktail & Dinner


Speakers 2023

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Shri Piyush Goyal

Hon'ble Union Minister, Commerce and Industry
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Nitin Gadkari

Hon'ble Union Minister, Road Transport and Highways
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Rajeev Chandrasekhar

Hon'ble Union Minister, State for Electronics and Information Technology
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Amrit Acharya

CEO, Zetwerk
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Ankit Fatehpuria

Co-Founder, Zetwerk
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Aashish Gupta

Partner, Grant Thornton Bharat
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Annu Gupta

Partner, PwC India
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Alisha Sachdev

Assistant Editor, Mint (Moderator)
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Anil Chaudhry

Country President & MD India, Schneider Electric
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Deepesh Nanda

CEO, GE Gas Power South Asia
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Dr. Ravi M. Bhatkal

Managing Director, India Element Solutions Inc.
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Manish Sharma

Chairman, Panasonic Life Solutions India Ltd.
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Prakash Sankaran

Managing Director & CEO Invoicemart, A.TReDS Ltd
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Pramod Mundra

EVP & CIO, Havells India
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Rahul Sharma

Co-Founder, Zetwerk
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Rajan Anandan

Managing Director, Sequoia Capital
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Rajesh Bansal

CEO, The Reserve Bank Innovation Hub
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Sandeep Singh

MD , Tata Hitachi
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Sasikumar Gendham

Managing Director, Salcomp Manufacturing India Private Limited
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Srinath Ramakkrushnan

Co-Founder, Zetwerk
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Vaibhav Dange

, Infrastructure Expert - Formerly Advisor NHAI
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Vinati Saraf

CEO & MD, Vinati Organics Ltd.
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Vishal Chaudhary

Co-founder, Zetwerk

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