The plastic industry has undergone a massive digital transformation in recent years with the evolution of advanced technologies. This digital shift has changed how the Indian plastic industry operates, innovates, and delivers maximum value.
So, if you want to learn more about the plastic industry’s digital transformation, do so with PLEXCONNECT 2024, which is more than a plastic exhibition. It is a great platform that breeds effective business networking among Indian suppliers and global buyers.
Digitisation of Plastic Industry: Innovative Trends
Digital transformation has reshaped the plastic industry’s manufacturing processes and amped up proactive controls. Here are some of the recent trends that the industry reflects:
- Effective Use of IoT in Plastic Manufacturing
The IoT, i.e., the Internet of Things, enables smart digital devices connected via the Internet to communicate key insights seamlessly. In the plastic industry, smart sensors are embedded in the manufacturing equipment and machinery, so real-time data communicated by the machines can be tracked and monitored closely. Using IoT, machines can collect and relay information on equipment temperature, pressure, and other crucial parameters. It helps streamline the process and avoid possible breakdowns, reducing maintenance costs.
- Quality Control Using AI and Machine Learning
According to a study, using digital technologies in plastic manufacturing has improved efficiency by 12% and reduced costs by 19%. Artificial intelligence and machine learning algorithms can predict defects in real-time in plastic production, packaging, and distribution processes. It has made it possible to surpass traditional quality inspection methods by all means. Also, such a proactive approach helps adhere to international quality standards, minimising scrap rates and improving customer satisfaction.
- Complex Data Analysis for Process Optimisation
When it comes to the plastic industry, the data generated is huge and complex. However, one can easily process and segregate this data using digital tools to extract meaningful insights. Whether you want to know about a plastic product’s optimal production temperature or want insights into global, plastic-related demand and supply, digitisation has made these tasks much easier, consuming little time.
Digital Wave in Plastic Industry: Identifying Classic Opportunities
The plastic industry in India has always been open to accepting new technological trends, owing to which it can easily leverage the following opportunities:
- Predicting and Harnessing Plastic Market Trends Effectively
- Develop Innovative and Cost-Efficient Business Models
- Customising Plastic Products at Scale
PLEXCONCIL: Boosting Indian Plastic Industry’s Digital Growth
The Plastics Export Promotion Council, i.e., PLEXCONCIL, promotes integrating digital technology such as IoT, AI, and core data analytics into the plastic industry. It helps boost the plastic sector towards sustainable practices and improves its global competitiveness. The PLEXCONCIL equips Indian plastic manufacturers and suppliers with knowledge of the use of digital technology through its seminars, exhibitions, workshops, and programs. It also organises the renowned PLEXCONNECT- the plastic exhibition in India- bringing the country’s plastic industry to the global stage. Learn more about the benefits of plastic industry digitisation via https://www.plexconcil.org/plexconnect/ today.