Industry Newsai adoptionmanufacturingpwcindustrial productivity
PwC Chairperson Highlights India's Productivity Gap
7.2
Sanjeev Krishan, chairperson of PwC India, said at the World Economic Forum in Davos on Jan. 20, 2026, that India's industrial productivity is roughly half of China’s across manufacturing and services. He urged greater automation and AI adoption for forecasting, preventive maintenance and production planning, while PwC's 2026 Global CEO Survey of 4,454 CEOs showed only 30% confident about 2026 revenue growth.
Key Points
- 1States India’s industrial productivity is roughly half of China’s, across manufacturing and services
- 2Highlights lower automation and AI adoption as primary reasons for continued productivity and scale shortfalls
- 3Suggests leveraging AI for forecasting, preventive maintenance and building industrial clusters to increase competitiveness
Scoring Rationale
Strong PwC data and executive sourcing increase impact, but findings are incremental sector guidance rather than transformative.
Sources
Public references used for this report.
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