Unlocking ROI and Sustainability for Indian Manufacturing with Asset Monitoring
India s manufacturing sector is rapidly transforming through Industrial IoT (IIoT), driving operational excellence and sustainability hand-in-hand. Among the standout applications is Asset Monitoring and Performance Optimization, delivering powerful financial returns while reducing environmental impact.
🔷Key Benefits:
- Cut unplanned downtime by 20 30%
- Save 10 15% annually on maintenance costs
- Improve energy efficiency by 30 40% in critical utilities like boilers and chillers
- Extend asset life and reduce capital expenses
🔷Growing Opportunity:
Driven by government initiatives like Make in India and PLI schemes, the Indian Asset Performance Management (APM) market is expected to grow over 18% CAGR through 2030, with strong demand across automotive, cement, steel, textiles, and pharma sectors.
Sustainability Impact:
With India committed to cutting carbon emissions intensity by 45% by 2030 and achieving net-zero by 2070, asset optimization helps companies reduce energy wastage and COâ‚‚ emissions, meet ESG targets, and align with global supply chain requirements.
🔷Meet PRAGYA — The Game-Changing IIoT Platform:
PRAGYA offers a dynamic and scalable solution to these challenges, with:
- Advanced analytics and health diagnostics to lower downtime
- Configurable meter hierarchies for multi-utility energy optimization
- Real-time alerts and dashboards driving proactive maintenance
- Automated, customizable reporting via email, WhatsApp, and web portals
PRAGYA empowers manufacturers of all sizes to unlock immediate ROI and build a future-ready, sustainable production ecosystem.