Textile Global and Indian Perspective

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Presentation transcript:

Textile 4.0 - Global and Indian Perspective Presented by Mr. Prashant Agarwal, Wazir Advisors 22nd March, 2018

Presenta tion Flow Industry 4.0 – Global Scenario Textile 4.0 – Global Scenario Implications for Indian Textile Industry

4th Industrial revolution that is Redefining Manufactu ring Industry 4.0 4th Industrial revolution that is Redefining Manufactu ring Industry 4.0 Industry 3.0 Industry 2.0 Industry 1.0 Cyber-physical systems Big Data Artificial Intelligence Robotics Internet of Things Computers Emergence of internet Autonomous production PLM / ERP Mass production Assembly lines Electrification Globalization Mechanization Steam engines Steam & Water Power Factory System All the Industrial Revolutions started with introduction of a disruptive technology which acted as a change agent across industries

World is already adopting this change… Values for 2015 Advanced Robotics US$ 35 bn. Artificial Intelligence US$ 8 bn. 3D printing US$ 5.2 bn Wearables US$ 0.7 bn. Data Source: World Economic Forum Presently, North America, Europe and some parts of Asia (China, Japan and South Korea) are leading in technology adoption

Factors Driving this Change … Changing Demand & Supply Dynamics Shorter product cycle, faster launches Shift from high volume, low mix to low volume, high mix Rising Limitations in Factors of Production Scarcity of skilled labour Rising wage cost Ever Evolving Technology Automation and efficiency in production Gaining Scale in advanced material, robotics, nanotechnology Strong Emphasis on Sustainability Growing population and changes in lifestyle require development of new technologies that will be able to reduce the resources uses (water, material, energy) Hence, it is right time to move towards advanced digitized technologies and new business models

Key levers that will reshape the textile industry Big Data Analytics Collection and Analysis of large sets of data Used in making informed strategic and operational decision Artificial Intelligence Machines which can think humanly Can be used for consumer trend predictions, self diagnosing machines Advance Robotics Application of automation in business operations Extensive use possible in cut & sew industry 3D Printing Creating 3-D objects using Computer Added Design (CAD) It is generally used in high-end fashion products Smart / Wearables Textiles Intelligent textiles which can sense and react to environmental conditions Used in textiles for health, military, defense, and sports Internet of Things Interconnected machines that can transfer data without human intervention Automated monitoring of factory operations and predictive maintenance

Globally Companies are Already Gearing up for Textile 4.0 Hugo Boss is one of the forerunners of Textile 4.0 Factory in Izmir, Turkey produces 4 mn. pcs of garments annually It is investing heavily in robotics & automation of processes Goal: To create a digital twin of their facility. Strategy: Digitization, Automation, Robotics and finally Artificial Intelligence Case-Study Hugo Boss - Digital Twin Strategy Hugo Boss is aiming to run an entire factory as one “Suit Machine” with focus areas as: Robotics Artificial Intelligence 100 Data Collecting Robots collect Data from Man, Machine and Material Artificially Intelligent Machine that can predict maintenance requirement, schedule lines etc. Focus on IT & R&D Layout of Digital Factory Establishment of IT Department and TecknoLab 3D Space Planning (Robots and Drones working from above) One point access, One point connect for all departments

Some Examples of Organizatio ns Exploring New Technologie s Using Artificial Intelligence in Textile Processes Developing Smart Wearables AFFOA THEN, Germany Advanced Functional Fabrics of America (AFFOA), is working towards the progressive textile industry THEN Germany is working towards artificial intelligence application in textiles and apparel. Programmable & Scannable Backpack - A coding system is woven into the plaid stripes on the backpacks Recipe prediction for fluorescent dyes- Using Artificial Neural Networks Fabric Lifi - Fabric-based communication system that converts LED light into sound Artificially Intelligent Machine – Which can measure performance and carry out predictive maintenance

How will Textile 4.0 benefit Indian Textile Industry?

Requirement of Stakeholders in the value chain How will Textile 4.0 benefit the textile industry? Manufacturers Brands Customers Effective Planning Input Availability Better Productivity Training R&D inputs for Sampling Reduced Costs Sampling and Technical Inputs Good Quality Timely Delivery Right Costs Inventory Management Good Quality Right Price Instant Delivery Good After Sales Service How Textile 4.0 can Address the Needs of Stakeholders? Better flow of information across the value chain Increased efficiency Reduced lead times Higher Productivity Improved quality levels Reduced cost Better Service

How Indian Companies will move towards Textile 4.0? 04 Pursue new forms of partnership to develop technology and markets 03 Building a talented workforce through proper training 02 Upgrading information technologies and systems 01 Initiate experiments with technology through pilots In order to benefit most from Textile 4.0, companies need to focus on following aspects

Thank You! Prashant Agarwal Joint Managing Director prashant@wazir.in +91 9871 195 008 Wazir Advisors Pvt. Ltd 3rd Floor , Building #115, Sector 44, Gurgaon - 122 002 Haryana- India Tel : +91 124 4590 300