ACG Shirwal facility joins World Economic Forum Lighthouse Network

Core Insights - ACG Packaging Materials' Shirwal site has been recognized by the World Economic Forum's Global Lighthouse Network for its advanced digital transformation [1][3] - This is ACG's second facility to receive such recognition, following the Pithampur capsules plant in 2023 [1] - The transformation at the Shirwal plant involved technologies such as generative AI, machine learning, deep learning, IIoT, and digital twin technologies [1] Performance Outcomes - The digital transformation led to a 40% reduction in lead times [2] - There was a 71% decrease in defects reported [2] - Energy usage was reduced by 31% [2] - Full on-time deliveries improved by 34% [2] Industry Context - The Global Lighthouse Network, initiated by the World Economic Forum in collaboration with McKinsey & Company, recognizes manufacturing sites that excel in productivity, supply chain resilience, sustainability, talent development, and customer focus [3] - Kiva Allgood from the World Economic Forum emphasized that modern competitiveness is defined by the ability to adapt and respond quickly, highlighting the importance of intelligence-led operations [4] Company Commitment - ACG operates in 138 countries across six continents, showcasing its global reach [5] - The CEO of ACG Packaging Materials, S R Shivshankar, stated that the recognition reflects the commitment of the Shirwal team to integrate advanced digital technologies into manufacturing operations, enhancing quality, productivity, and sustainability [5]