Ceat and J&J Plants in India Recognised as a Part of the Global Lighthouses Network by WEF

#Ceat #JohnsonandJohnson #GlobalLighthousesNetwork #WEF

Source: World Economic Forum

“By integrating 4IR technologies into their operations, Lighthouse companies are achieving double-digit impact on throughput, costs, and lead times.” - Francisco Betti, Head of Advanced Manufacturing and Value Chains, World Economic Forum

January 2023: Two factories from India get recognised as a part of the Global Manufacturing Lighthouse Network by the World Economic Forum – Ceat in Halol and Johnson & Johnson Consumer Health in Mulund. The WEF recognized 18 additional sites as part of its Global Lighthouse Network, now a platform of 132 leading manufacturers. Each chosen Lighthouse integrates Fourth Industrial Revolution technologies (4IR), from artificial intelligence and robotics to cloud computing and big data. In doing so, all of them show how to increase productivity, engage workforces, lower emissions, and build supply chain resilience.

“By integrating 4IR technologies into their operations, Lighthouse companies are achieving double-digit impact on throughput, costs, and lead times,” said Francisco Betti, Head of Advanced Manufacturing and Value Chains, World Economic Forum

“All of the Lighthouse companies are to be congratulated on their successful adoption of 4IR technologies and the progress they have made towards scaling. In this next chapter of the Fourth Industrial Revolution, the time is now for companies to shift from localized transformations to large-scale programmes across dozens of sites and engaging thousands of people,” said Enno de Boer, Senior Partner, McKinsey & Company and Global Lead of its digital manufacturing work.