Outcome of Innovations in Manufacturing Sector
Keywords:
outcomes, manufacturing sector, innovation, efficiency and productionAbstract
The manufacturing units in India are still outdated when compared to other countries. It is for the reason of deficient knowledge and lack of funds to be invested. In few companies they are demanding to put into practice latest technologies in manufacturing the products that are completely atomized. This requires humans to manoeuvre them. In recent trends they depend on high-end processing machines which complete the work in short instant. By this manner, the businesses saves time, requires huge investment on machinery, training for the employee’s about the updated technology. It takes time for implementation of this process to come into existence. Innovation witnesses several advantages in the business environment. Hence, this literature attempts to find out those outcomes of innovation practices adopted in manufacturing sector. Employees were investigated to address this issue. Results indicate that innovation brings changes in overall environment, efficiency and production.
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