India, Oct. 18 -- India's electronics manufacturing sector is projected to reach USD 300 billion by 2026, boosted by the Production Linked Incentive (PLI) scheme, which has already drawn USD 2.7 billion in investments and is expected to create more than 90,000 jobs.
In this environment, mid-tier manufacturers such as Electro Waves Electronics are going beyond automation into Industry 5.0-a convergence of intelligent machines and human creativity. Unlike Industry 4.0, which prioritised efficiency and cost control, Industry 5.0 aims to blend AI, robotics, and IoT with human adaptability to deliver productivity, sustainability, and a skilled workforce ready for the future.
Monarch Goyal, CEO of Electro Waves, shares how the company is embr...
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