The public and private enterprises in India's manufacturing sector must provide quality products at an affordable cost thereby obtaining economies of scale to face challenges posed by China together with latest technologies of automation and robotics, Union Minister for Heavy Industries and Public Enterprises, Anant Geete said at an ASSOCHAM event held in New Delhi recently.

"The era of globalisation has led to cut-throat competition across the world thereby making it a challenge for our manufacturing sector to survive, we need to face up to these global challenges else we might get isolated," said Geete while inaugurating an ASSOCHAM International Conference on ‘Industry 4.0: Smart Manufacturing.'

He said that though the government felt that pushing the industrial sector will lead to create more job opportunities but the upcoming robotics technology might lead to significant job losses.

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