Any range of manufacturers across the Globe are at continued challenge for disruption due to volatility in costs, Govt policy, COVID-19 pandemic and Global economic crisis situation.  The Post-Covid world shall change the overall manufacturing industry at a complete different stage. Manufacturers are turning to the digital revolution in the tune of Industry 4.0 to Industry X.0. Augmented reality, AI, Automation, Robotics are the going to be the core area for implementation in manufacturing sector. The Global supply chain also is rapidly changing due to Covid-19.

In India, manufacturing has emerged as one of the high growth sectors. Prime Minister of India, Mr Narendra Modi, had launched the ‘Make in India’ program to place India on the world map as a manufacturing hub and give global recognition to the Indian economy. India has become potential destination for world leaders for Global sourcing hub. Post Covid-19, many European, American and south Korean companies are aiming India as a manufacturing hub for next possible alternative after China.

Global defense & aerospace industry has become versatile, wider and most expensive sector  since the beginning of the 21st century. Before this, it was mainly focused to the research, development, and production of defense weaponry and technologies. The  defense industry first developed during World War I and II with the use of war planes, heavy duty multipurpose vehicles, tanks and missile/rockets in war. Manufacturers that produced similar goods turned to the manufacture of war goods, and many continued to produce them after the war was over. After this, surveillance, protection of border, anti-terrorism, data protection etc became more stringent which pushes the thrust of bringing sophistication in this sector Globally. Every country is spending huge share of their GDP in defence to be the self-reliance and to gain resources.  Scientists, engineers, technology programmer  are in demand in this industry. It is projected to have $ 26 billion USD opportunity in India for Defence & Aerospace Industry.

The aviation and aerospace industries are also deeply connected to the defense industry, and often represent a very large percentage of defense spending. The Aerospace/Defense Industry serves, as its name represents, two main markets: Aerospace, which largely comprises the production, sale, and service of commercial aircraft. And Defense, which is dependent on the nation’s need for military weapons and systems designed to operate on land, sea, and in the air. Also included in this industry is the production of general aircraft, UAV/drones and space vehicles, usually satellites, for both military and commercial use. In today’s Defense & Aerospace Industry is coping up with the topics like UAV flight training, smart maintenance, homeland security, disruptive technology like 3D printing, intelligent ballistic system etc.

The global mining & metals market is highly dependent on the country’s economic growth which is directly linked with the infrastructural growth. Even today, most of the technology involved in this sector is conventional which is going to be changed at rapid pace due to Covid-19 pandemic. AI, IoT based Digital mining, block chain etc are changing these sector in a new direction with more transparency and controlled way of process.

India produces 95 minerals– 4 fuel-related minerals, 10 metallic minerals, 23 non-metallic minerals, 3 atomic minerals and 55 minor minerals (including building and other minerals). India is the third largest producer of coal. Coal production in the country stood at 688.8 million tonnes in FY18. India’s coal production in FY19 to reach 739.36 million tonnes. India ranks fourth in terms of iron ore production globally. Production of iron ore in FY19 (up to Feb 19) stood at 187.60 million tonnes. India has around eight per cent of world’s deposits of iron ore. India became the world second largest crude steel producer in 2018 with output 106.5 million tonnes. According to Ministry of Mines, India has the 7th largest bauxite reserves – around 2,908.85 million tonnes in FY18. Aluminium production stood at 2.25 MT in FY19 (up to February 2019) and is forecasted to grow to 3.33 million tonnes in FY20.

Over the five years to 2019, the prices of crude oil and natural gas have fluctuated sharply despite steady growth in production. Since 2016, oil prices have recovered from $40, reaching $67 in Sep, 2018. The recovery happened due to several factors like success of the production restraint agreement between OPEC (Organization of the Petroleum Exporting Countries) and non-OPEC countries. The oil and gas global supply-chain includes activities such as domestic and international transportation, ordering and inventory visibility and control, materials handling, import/export facilitation and information technology.

Oil & gas industry in India contributes almost 15% of national GDP. India is rising as a potential refining hub because the capital costs are lowered by 25–50% here in comparison to other Asian countries. India ranks fifth in the category of refining. Its share is 3% of the capacity worldwide and is going to improve further by 45% over the next 5 years. This is in accordance with a report compiled by Deutsche Bank.

The sector is highly driven by technological advancement and heavy machineries which are involved to manage major three process, e.g; Exploration, Drilling and Production. This process industry requires maximum stringent compliances for safety & control system. Use of UAV for surveillance to Automation for production process is the new age technology for this sector. But the impact of coronavirus (COVID-19) pandemic is majorly affect this sector  throughout oil’s global supply chains and ripple into other parts of the energy sector.

Covid-19 pandemic affects heavily to the Small & medium sector and start-ups in India. Govt tried to motivate the sector by providing wider stimulus although the same is required for thrust for boosting the economy. One side effect of continuous lockdown, another side the impact of poor cash flow pushes MSME segment in doubtful condition.

GOI introduced various web portal and technology platform to address the MSME issues. Given the government of India’s ‘Make in India’ push, along with a push to attract greater FDI, the Indian MSMEs sector is poised for rapid growth and integration with major global value chains.

As per the official estimates, there are about 63.05 million micro industries, 0.33 million small, and about 5,000 medium enterprises in the country. India is also having a largest start up ecosystem although India is yet to reform the overall ecosystem in an innovative way.

This include mainly the disruptive innovation. The disruptive technology across Globe is growing rapidly from incubation to final shape of development. Mankind are reaching to the sky of innovation which brings disruptive innovation like 3D printing, AI, block chain, the humanoid robots etc. These technical innovations render existing technologies and social relations obsolete or radically altered, possibly driving harmful direct and indirect social, economic and ecological disruptions. Disruptive innovations, in contrast, don’t attempt to bring better products to established customers in existing markets. Rather, they disrupt and redefine that trajectory by introducing products and services that are not as good as currently available products. But disruptive technologies offer other benefits-typically, they are simpler, more convenient, and less expensive products that appeal to new or less-demanding customers.