The Economic Times World Class Maintenance Summit 2018

The Economic Times – 2nd Annual World Class Maintenance Summit is designed to bring together leading operators to share best-practice and techniques for efficient maintenance and equipment reliability. The program will include multiple case studies from mega manufacturing plants from India and Internationally, address critical issues in equipment monitoring, Maintenance planning, scheduling, on time logistics, execution and manpower as well as cost and time effective methods.

With a market of more than a billion consumers and ever-increasing purchasing power, Indian consumer market is at a boom. This coupled with the Government’s ‘Make in India’ initiative, India is Currently the sixth largest manufacturing nation and the biggest recipient of foreign direct investments (FDIs), with inflows touching $60 billion in 2016-17 and set to reach $100 billion by 2022. However, to keep up with the competition and manage the demand and supply to the ever-increasing market, it is a must for organisations to avoid unscheduled downtime. Lower revenues due to lower commodity prices have placed equipment life-cycle costs under the management spotlight like never before. The Major challenges these days is adhered to the most stringent safety standards with reduced cost for maintenance and keeping the production line up and running. Maintainers are faced with the challenge to deliver the same levels of equipment safety, reliability and availability with smaller budgets.

The government has announced the rollout of a new manufacturing policy to push its share to 25% of GDP by consolidating ‘Make in India’ and embracing Industry 4.0.

These policies will help incentivise adoption of digital technologies, develop the requisite digital ecosystem, augment competitiveness, while meeting the requisite skill gaps.

This change can be facilitated by a huge increase in the number and variety of physical assets (plant, equipment and buildings) with much more complex designs and lastly the adoption of new maintenance techniques.



Ajay Sharma

Head Maintenance and Technology, LafargeHolcim

Ajith Kumar

Head of Operations, Akzonobel India

Alok Khanna

Executive Director - Head Offshore Maintenance, ONGC

Arvind Verma

Chief – Maintenance Services, Essar Steel India

Avnish Kumar

Global Practice Head - IoT, LTI

B.M Patel

Site Director, BASF

Dattaraj Rao

Principal Architect, GE Transportation

Dibyendu De

Director, Reliability Management Consultant (RMCPL)

Ganesh Mani S

Senior Vice President, Hyundai Motor India

Gopal Subramanyam

Member of the POJ (Panel Of Judges) empanelled by the Ministry of Steel, Member – Academic Council of NTTF

J. Sridharan

Quality & Business Excellence Professional

Jitendra Singh

Director- Business development & Strategy, Leadec

Mahendra Kumar Rastogi

RBI Consultant, Shell , British Gas Exploration (India)

Mathew Samuel

Head Integral Plant Maintenance Business, Siemens

Neeraj Singh

Director, Management Consulting, KPMG

Niranjan Mudholkar

Editor – The Machinist Magazine

Prasanna Pandit

Vice President & Head - Manufacturing Excellence at Reliance Industries

Dr. Ratan Kumar Singh

Director Manufacturing, Acrysil Group of Companies

Ravi Kant Somani

Executive Vice President & Corporate Head (Occupational Health & Safety), Jindal Steel & Power

Ravinder Pal Singh

Chief Information and Innovation Officer | TATA SIA Airlines

S. Vaidyanathan

Assistant Vice President, Hindalco Industries

Sameer Makhija

Director Asset Management Solution, IMEA – Infor

Sanjay Khanvilkar

Head Quality and Business Excellence, Crompton Greaves Consumer Electricals

Shaik Khaleel Baig

Asst.General Manager , Hyundai Motor India

Siva Kasturi

Asia Pacific Regional OEM Manager, Shell Global Lubricants

Subodh Manchanda

Plant Maintenance Head, Hero Moto corp.

Sudhir Gurtoo

Managing Director, Leadec India

Swati Deshpande

Associate Editor – The Machinist Magazine

Vijay Joshi

Executive Vice President - Operations, DFPCL

Yatish Khurana

Vice President and Plant Head, Lava International


Associate Partner


Lubricant Partner


Supporting Partner


Gifting Partner


The Growing Importance of Maintenance

Performing any work during a turnaround cost 250 – 350% more than when we perform the same work otherwise.

Performing any work during a turnaround cost 250 – 350% more than when we perform the same work otherwise.

Regardless of the production & price, maintenance, reliability & safety are aspects that constantly need to be addressed.

Reliability & Maintenance have gained a lot of importance in lieu of the current market conditions to ensure that the downtime is minimised, and the productivity graph is on a constant rise.

40% of the time the top management is not aware of the economic benefits of a robust reliability & maintenance program and the need to invest in it

In the current challenging scenario, the need to lower the production and maintenance costs is even more, something that this summit will address