ACG Joins World Economic Forum’s Global Lighthouse Network
Provider’s Pithampur facility is recognized for its use of Industry 4.0 technology.
The World Economic Forum (WEF) has added ACG, a provider of oral dosage products and services for the pharmaceutical industry, to its Global Lighthouse Network (GLN). Specifically, the company’s capsule manufacturing facility in Pithampur, India, is being added to the list. WEF’s Global Lighthouse Network is a community of manufacturers that utilizes Fourth Industrial Revolution technologies to transform factories, value chains, and business models, for financial and operational returns. The GLN has grown from 16 to 153 lighthouses since its inception.
Announcement of the certification comes after an audit of over 25 use cases for the facility, that have not only deemed products to be of great quality, but also, transformed operations creating new benchmarks for timely production. ACG’s Pithampur factory has deployed GenAI, which tackles employee skillsets in manufacturing through standard operating procedures (SOPs).
“When ACG embarked on its journey to digital transformation, I recall how Industry 4.0, AI, and ML were emerging concepts. The focus was directed toward deploying these technologies to enhance productivity and transform the way we operate; aiming to ultimately enhance accessibility to affordable medicines. With an ambitious and dedicated team, we forged a collective commitment to raise the bar of excellence in delivering high quality capsules worldwide,” says Karan Singh, ACG Group’s managing director.
The company has strived to continue to make state-of-the-art technological advancements, ranging from machine learning (ML) to cloud computing.
“… ACG has been actively developing and implementing state-of-the-art solutions, powered by digital technologies ranging from Industrial IoT, machine learning, deep learning, generative AI, cloud computing, to digital twins, industrial robotics, and extended reality,” notes Balajikasiram Sundararajan, the ACG Group’s chief digital officer. “These solutions have helped us to better serve our global customer base by solving critical customer-centric business problems. This prestigious Global Lighthouse recognition from the World Economic Forum further inspires us to continually explore innovative ways of leveraging digital technologies to re-imagine our entire value chain starting from our suppliers to our customers.”
Reference
ACG joins coveted list of WEF's Global Lighthouse Network. PR Newswire. News release. December 18, 2023. Accessed January 4, 2024. https://www.prnewswire.com/in/news-releases/acg-joins-coveted-list-of-wefs-global-lighthouse-network-302017768.html
