Amit K. Nerurkar
Department of Information Technology, Thadomal Shahani Engineering College, Mumbai, India
G. T. Thampi
Department of Information Technology, Thadomal Shahani Engineering College, Mumbai, India
Adityavikram Thampi
Student, Institute of Management Technology (IMT) Ghaziabad, UP, India
Abstract
This paper aims to provide a definition of ESG and its role in managing businesses by prioritizing environmental responsibility (E), social responsibility (S), and corporate governance (G). The challenges and opportunities associated with ESG calculation for funding long-term growth are also discussed, with the framework serving as an assessment tool for evaluating a company's performance in these three areas. In the case of car manufacturers, their sustainability and social responsibility can be evaluated based on these parameters. By improving their performance in these areas, manufacturers can reduce their environmental impact, operate ethically, and make positive contributions to society, ultimately leading to improved financial performance and long-term growth opportunities. The paper propose use of advanced AI technologies and robots can significantly enhance efficiency and productivity in car manufacturing and exploring their application in real-world settings to improve overall efficiency and ESG scores. As robotics and AI continue to advance, manufacturers are transitioning from traditional automation methods to autonomous learning techniques. The paper also examines the challenges of adopting a futuristic approach to car manufacturing to enhance efficiency and efficacy in automotive production. Finally, the paper also talks about how the government of India is also making policies for the Indian Car manufacturing industries to promote setting up manufacturing Hub in India
Keywords- ESG, Indian Automobile Manufacturing, Robots, Automation, OEMs, AI, PLI