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Saurabh Singhavi
Assisting Early-Stag...ย โขย 3d
Why Are Only 3% of Indian Factories Using AI While China Surges to 25%? Letโs Break It Down. The Stark Reality: - 3% vs. 25%: Just 3% of Indian factories use AI vs. 25% in China (NITI Aayog, 2023). - Productivity Lag: Indian factories operate at 60% capacity vs. Chinaโs 85% (World Bank). - Cost of Delay: Inefficient manufacturing costs India โน1.2 lakh crore annually in wasted resources (McKinsey). Why the Gap? 1. MSME Challenges: 95% of Indian factories are small-scaleโstruggling with upfront costs and tech literacy. 2. Skill Shortage: India trains 40K AI professionals/year; China trains 500K. 3. Infrastructure Hurdles: Only 25% of factories have reliable IoT connectivity vs. Chinaโs 80%. 4. Policy Push: China invests $3B/year in AI for manufacturing; India allocates $100M. The Opportunity: - $15B Market: Indiaโs AI sector is growing at 33% CAGR (NASSCOM). - Affordable Solutions: AI-as-a-service models are slashing costs (e.g., predictive maintenance tools for โน15K/month). - Global Lessons: Brazil boosted SME productivity by 20% via AI subsidiesโcan India replicate this? Entrepreneurs: Are you doing anything about it? hashtag#AI hashtag#MakeInIndia hashtag#FutureOfWork hashtag#Innovation hashtag#Manufacturing
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