coronavirus impact on world economy: Impact of the coronavirus pandemic on  the world economy and how India is placed - The Economic Times

With the advent of covid 19 pandemic the situation of the economy drastically declined. Before the pandemic hit the markets the growth rate has been declining as well but the pandemic is exactly what put the last nail in the coffin. Almost every major sector be it formal or informal are heavily hit by this pandemic situation. Take the example of the current Industrial sector, and you will see the situation of economy. Industries specially the manufacturing sector forms the backbone of major economies but it is also affected by the hit of the pandemic. And now with all the social distancing protocols in place, it is just impossible for workers to actually actively participate in manufacturing processes.

All you need to know about computerized numerical control system:

The best option thus is to switch to more automated methods of manufacturing. One of the most advanced technologies that can be used in this regard is cnc. Now, the term CNC stands for computerized numerical control. The technical definition of CNC is that it is a subtractive manufacturing process that typically employs computerized controls and machine learning tools to remove layers of material from blank. Now blank is basically a stock piece or work piece. Cnc is generally used to produce a custom-designed part. Cnc systems work in combination with other software programs such as CAD. The main objective of using cnc is to enable machines to do a particular job on a block with the help of proper programming rather than using human resources.

This is why Thailand industrialists are keen on implementing new technologies:

In Thailand, the industrialists have already started to install the computerized numerical control systems. This is not only an important step in the present context but an inevitable step with future prospects in mind. Firms are providing some of the most advanced technologies to the Thailand industrialists. So if you want their services be sure to get in touch with them.