Smart Maintenance Could Add 1% to India's GDP, Study Finds

Industry analysts say that the integration of predictive maintenance tools, IoT sensors and AI-driven diagnostics can significantly cut equipment downtime in manufacturing plants. By reducing unplanned outages, firms can improve output, lower operating costs and enhance overall productivity. A study cited by Rediff estimates that such efficiency gains could translate into a 1% rise in India’s gross domestic product. The report urges policymakers and business leaders to accelerate investment in smart maintenance infrastructure to capture these benefits. If adopted widely, the technology could become a catalyst for broader economic growth.