Industrial Innovation refers to the development and application of new ideas, technologies, and processes in the manufacturing and production sectors. It encompasses advancements that improve efficiency, productivity, and sustainability, while also creating new products or services that meet evolving consumer demands. This can include the adoption of cutting-edge technologies such as automation, artificial intelligence, and the Internet of Things (IoT), as well as the implementation of novel business models and practices that enhance competitive advantage. Industrial Innovation often aims to reduce environmental impact, streamline operations, and foster economic growth, driving significant changes in how industries function and adapt to changing market conditions.
The Indian government is taking significant steps towards greener steel manufacturing through strategic new initiatives. As part of the National Green Hydrogen Mission, three pilot projects have been initiated to…
