Evaluating the strategic potential of AMT in Indian manufacturing industries

Abstract

This research revolves around the impact of advanced manufacturing technologies in Indian manufacturing industries. Statistics inculcates that a number of industries subsists, which are using different forms of advanced manufacturing technologies. 'Advanced manufacturing technology' is a generic term, depicting an assembly of manufacturing technologies, which combines both extent and scale capabilities in a manufacturing environment. Advanced manufacturing technology is broadly defined by distinguished authors in their terminologies; Small and Chen say's that "an automated production system of people, equipment and utensils for the planning and control of the production process, including the procurement of materials, parts and constituents and the shipment and service of completed products." In meticulous, advanced manufacturing technology (AMT) can be defined as any new manufacturing technique, which is likely to cause constructive changes in a firm's manufacturing practices, management systems and its approach for the designing and production of various engineering products.