Generative AI Technology: Transforming the Manufacturing and Production Sector

CXOToday has engaged in an exclusive interview with Mr Hemant Sapra the co-founder and President of Karam Group

1. Tell us about the Karam group and it’s vision and mission

KARAM has strategically established multiple offices across pivotal global locations like the United States, France, Brazil, and Singapore, extending its international outreach. The company’s successful launch of specialized entities, KARAM Middle East and KARAM Africa, has further fortified its presence in these regions. With a forward-looking approach, KARAM envisions continued expansion of its geographical footprint, market penetration, and persistent strengthening of its manufacturing capabilities. Currently, the organization aims to diversify its product portfolio, ultimately striving to become the foremost occupational safety brand worldwide.

2. Why is the integration of technology the need of the hour in personal protection equipment today?

The integration of technology in personal protection equipment (PPE) is crucial today for several reasons. Technology enhances safety through features like advanced filtration systems, sensor-based monitoring, and real-time data analysis. It enables remote communication, improves durability, and optimizes comfort. Technology-driven PPE enhances overall protection, reduces risks, and ensures greater well-being for individuals in various hazardous environments.

3. With the world warming up to generative AI technology, will it also impact the manufacturing and production sector?

Generative AI technology can positively impact the manufacturing and production sector by increasing efficiency and productivity. Collaborative efforts and responsible deployment are essential to maximize benefits while addressing potential challenges. Implementation, adaptability, and regulatory frameworks will play crucial roles in shaping its impact.

4. While the integration of AI is a great thing, what is your take on the relevance of human intervention in the manufacturing and production industry if robots replace humans. Elaborate on the pros and cons?

The integration of AI in manufacturing and production brings numerous benefits, but the relevance of human intervention remains crucial. Pros include increased productivity, precision, and safety. Human involvement ensures adaptability, problem-solving abilities, creativity, and complex decision-making. However, cons may include job displacement, skill gaps, and potential ethical concerns. Striking a balance between AI and human capabilities is essential to harness the full potential of automation while preserving human expertise and maintaining a healthy workforce.

5. How big is the PPE production sector worldwide, and how will tech innovation impact the industry over the next ten years?

The anticipated value of the worldwide personal protective equipment (PPE) industry in 2022 was $78.30 billion, and it is projected to increase at a compound annual growth rate (CAGR) of 6.7 percent from 2023 to 2030. Over the predicted period, there will likely be a rise in demand for PPE due to growing concern about worker security in the manufacturing facility.
Tech innovation will reshape the occupational safety industry, introducing advanced monitoring, automation, and data-driven solutions to enhance workplace safety standards.

6. One has observed that the maximum wastage globally is attributed to the manufacturing industry, today however there are enough technologies to help control this, what are the sustainable tech measures being adopted at Karam to restrict these to the bare minimum?

The advancement of technology offers immense potential for driving sustainable practices.
You can use the 6 practices shared earlier.