Aanchal Ghatak

18 Oct 2025 15:00 IST

India’s electronics manufacturing sector is projected to reach USD 300 billion by 2026, boosted by the Production Linked Incentive (PLI) scheme, which has already drawn USD 2.7 billion in investments and is expected to create more than 90,000 jobs.

In this environment, mid-tier manufacturers such as Electro Waves Electronics are going beyond automation into Industry 5.0—a convergence of intelligent machines and human creativity. Unlike Industry 4.0, which prioritised efficiency and cost control, Industry 5.0 aims to blend AI, robotics, and IoT with human adaptability to deliver productivity, sustainability, and a skilled workforce ready for the future.

Monarch Goyal, CEO of Electro Waves, shares how the company is embracing this transition.

How is Electro Waves integrating AI and automation within its current manufacturing processes?

At Electro Waves, we have invested significantly in automation. Our SMT (Surface Mount Technology) lines are fully automated for high-speed, high-precision PCB assembly. AI-enabled Automatic Optical Inspection (AOI) systems identify critical PCB values early, maximising quality and efficiency. We are also implementing robotic welding and soldering systems for through-hole assembly.

Industry 5.0 is not about replacing people with robots, but about making people central to technology adoption.

Can you share examples of how human workers and machines collaborate in your facilities?

We view people and machines as partners. Machines deliver productivity, repeatability, and accuracy, while humans ensure flexibility, adaptability, and quality. Robots are not replacements but enablers—they enhance our work. We train our workforce to operate and programme these systems, always reinforcing that people come first.

With IoT, robotics, and AI, mid-sized firms like ours can scale globally while staying sustainable.

Have you adopted smart technologies such as predictive maintenance, IoT sensors, or digital twins?

Yes. IoT-enabled monitoring and visualisation systems have been deployed at our charger and inverter assembly lines, providing real-time insights and predictive maintenance. This reduces downtime and improves efficiency. We are also exploring digital twins to simulate and test performance in upcoming phases.

How do you ensure that your workforce remains skilled and relevant in this evolving AI–human collaborative landscape?

We conduct regular training sessions on automation tools and recommend external programmes to strengthen technical knowledge. Our goal is to make every employee a partner in technology adoption, while securing their career paths for the Industry 5.0 era.

What sustainability initiatives and energy-efficient practices have you introduced in your manufacturing operations?

Sustainability underpins our growth strategy. We have installed rooftop solar power to generate clean energy, while lean manufacturing practices and energy-optimised production lines minimise waste and reduce carbon emissions. These initiatives ensure efficiency while remaining environmentally responsible.

Have you made any recent investments or technology upgrades that align with your Industry 5.0 vision?

Yes. We have invested in robotic welding and soldering systems to enhance precision and reduce manual strain. Our IoT infrastructure is also being upgraded for stronger real-time monitoring. These upgrades represent our Industry 5.0 vision of human skills and intelligent machines complementing one another.

How do you see the future of intelligent manufacturing evolving for mid-sized companies like yours in India?

Industry 5.0 offers mid-sized Indian manufacturers a global edge through cost efficiency, scalability, and product reliability. The future lies in collaboration: machines will manage scale and repetition, while humans drive creativity, problem-solving, and innovation. Mid-sized firms like ours will be crucial in making India a hub for smart and sustainable manufacturing.

aanchalg@cybermedia.co.in