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What is Green Manufacturing?

In simple terms, Green manufacturing is the manufacturing of environmentally friendly products or a manufacturing model that benefits or impacts the environment in a positive way. The main purpose of green manufacturing is to minimize the negative impact on the environment during the entire product life cycle from manufacturing to the disposal of the product to the end customers

How can green manufacturing in engineering business help in saving costs?

There are various ways through which different engineering business can save cost:

  • Engineering business using nanotechnology

It is the process of artificially forming Nano-sized structures through Nano – precision processing standards. The lubricant developed by using Nanotechnology creates a greasing effect on the machines and the equipment resulting in the reduction of the noise, which also extends the service life of the machine thereby reducing the service cost of the machines.

  • Dry Processing

The application of dry processing is done for grinding and cutting in the machining industry. Dry processing is the method that does not use any coolant during the process and reduces the waste liquid discharge & recycling which in return saves a lot of costs. Safe disposal and the containment

  • Manufacturing of the solar Lights

Solar lightings are another way of energy-efficient lighting. It reduces the energy consumption cost to the large amount and it also saves the consumer spending as the light lasts longer and less electricity is required.

  • Agile Manufacturing

It is a flexible and fast way of manufacturing. The improvement in product development speed reduces the development cost and breaks the direct relationship between the cost and the output batch size.

  • Concurrent Engineering

Green concurrent engineering also is known as the green concurrent design is a new model green product design and development. The product and product life cycle are designed in an integrated & parallel manner, which enables the product developers to consider all the factors from product concept to product disposal.

  • Artificial Intelligence Technologies

Artificial Intelligence comprise neural networks, fuzzy systems, and knowledge systems that support the green manufacturing process

  • Software Industry implementing green manufacturing

A large number of tools & software products such as computer-aided green product design system are required to implement green manufacturing, green process planning system, green decision-making system, product life periodic evaluation system, international certification support system, etc. that helps in removing the gap in the current software industry and also lead to high-cost optimization.

  • Green Packaging Technology

Usage of packaging materials that are non-polluting to the environment and the packaging can be easily recyclable. Green packaging technology optimizes packaging solutions to reduce the waste generations caused by these plastics. Three things are focussed upon which is packaging structure improvement, recycling of packaging waste and packaging material selection, etc.

  • Decreasing Emissions

Deploying renewable energy production at plants helps in reducing emissions of materials used at every step along the supply chain considered when manufacturing a product

  • Tax Rebates

Tax rebate support provided by the government who are indulging in green manufacturing and sustainable development. The money saved can be used for other operational costs.

Under the start-up, the Indian government introduced a new scheme for funding sustainable development projects that are energy efficient & cleaner production. Sustainable development projects such as renewable energy projects, star rating, microfinance, green buildings, and eco-friendly labelling, etc.

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The acceptable standards for the scheme are:

  • The scheme is provided for renewable energy projects like solar power plants, wind energy generators, hydel projects, biogas power plants, etc.
  • Waste management
  • Assistance to the OEMs  that manufacture energy-efficient or cleaner production or green machinery

Green Technology Finance scheme was introduced by the government of Malaysia which offers the borrowers with 2 % rebate on the interest charged by the banks for the green projects. Similarly, the Bangladeshi government-created green loan portfolios that ordered banks and financial institutions to provide 5% for total loan disbursement for green financing. The Vietnam government launched innovative financial products like labeled Green Loans & Green Bonds to support sustainability and business that doesn’t impact climate change negatively.

The right concept of green manufacturing has to be established at the top management level of the company. The sewage & waste discharge and noise produced from the electronic jacquard loom industry are evident, and it also results in a large waste of resources. In such a situation, it is necessary to strictly regulate and control measures, starting with the source, and actively carry out green manufacturing.

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In many developed countries, not only has the government initiated a series of environmental protection activities, but consumers have also become more and more interested in purchasing green products. Green consumption has slowly become mainstream consumer thinking and new market trends, and to a large extent promotes green manufacturing.  Also, a green symbolic system has been slowly installed.

Any product that has a green mark can indicate that the production process of the product is in line with environmental protection standards, and will not harm the environment, and the resources can be recycled and utilized effectively.

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