EVALUATING THE STRATEGIC POTENTIAL OF ADVANCED MANUFACTURING TECHNIQUES IN INDIAN MANUFACTURING INDUSTRIES

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, it is "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".