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

This research revolves around the impact of Advanced Manufacturing Technologiesin Indian Manufacturing industries. Statistics inculcates that a number of industriessubsists, which are using different forms of Advanced Manufacturing Technologies. "e;Advanced Manufacturing Technology"e; is a generic term, depicting an assembly ofmanufacturing technologies, which combines both extent and scale capabilities in amanufacturing environment. Advanced manufacturing technology is broadly defined bydistinguished authors in their terminologies; Small and Chen, say, it is "e;An automatedproduction system of people, equipment and utensils for the planning and control ofthe production process, including the procurement of materials, parts and constituentsand the shipment and service of completed products"e;.