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The only constant in today’s industrial manufacturing environment is disruption. Disruption from new tech-based entrants, decoupling of the global supply chain, changing consumer preferences, new distribution models, pivot towards environment, health and safety issues and pressures related to non-financial reporting (ESG disclosures) are continuously reshaping the industry. However, with disruption comes the opportunity to innovate, particularly within the major industries in India.
To stay competitive, organisations must be able to integrate new resilient business models and technologies to accelerate and adapt. All the while, addressing critical risk, tax and assurance issues across the globe. PwC collaborates with industrial product companies to help tackle today’s challenges and find new ways to create value and realise the vision for tomorrow. Our solutions, which are human-centered and tech-powered, help to build trust and deliver sustained outcomes.
Industrial products is a major growth sector for the Indian economy with diverse companies including those engaged in manufacturing of machinery and equipment, electrical and metal products, cement, building and construction material, rubber and plastic products and automation technology products manufactured in India.
Strategic, data-driven investments can help you make improvements across the value chain. These include building new capabilities, uncovering efficiency gains and incorporating new technologies like digital twins of the supply chain and business processes, AI-enabled demand sensing, intelligent and integrated planning and forecasting solutions.
We can guide you through cost and footprint optimisation, digitisation and deals to help strengthen your value chain and manage risk. And our real-time insights help you transform your supply chain to be more flexible, resilient and transparent. We can be your long-term, collaborative partner to help sustain powerful performance improvements.
We see various forces at work reshaping the industry and the role of the manufacturer. And many are pivoting—embracing digital business-to-business (B2B) commerce and extended services.
These shifts open new profit pools, create opportunities and help you adapt to a rapidly changing marketplace and evolving customer expectations. We can work with you to understand where to make bold moves, how to sell and price and where and when to evolve.
A highly skilled digital workforce has become critical to keeping pace with this evolving industry. PwC can help your employees unlock their full potential and the potential of digital manufacturing. We help to identify and fill talent gaps, improve engagement and build a culture of performance.
We also collaborate with you on workforce planning and long-term strategies to maximise the value of your talent investments.
Manufacturers are constructing smart factories while building a global presence and enhancing supply chains. And as you build and grow, you must balance innovation with risk, regulatory and legal shifts and market considerations.
We bring together a team of cross-functional experts with fresh perspectives, local insights and global industry knowledge. This team guides you through new value-creation opportunities and helps you determine where and when to position your operations. Together, we can help you achieve the transformations you need to deliver value today and into the future.
Partner, Data and Analytics Leader, Industrial Products Leader, PwC India
Tel: +91 99874 34327