How InfraBuild CEO Vik Bansal Plans on Leading the Way for Australia’s Manufacturing Sector to Thrive

November 4, 2021 admin 0 Comments

The Australian manufacturing sector was hit hard by shifting from fossil fuels to clean energy, specifically wind energy. Vik Bansal, along with other Australian manufacturers, has been looking for ways to come up with a solution to the issue. He has found an answer in manufacturing. Through the implementation of advanced technologies, InfraBuild hopes to cut energy consumption in Australia’s manufacturing industry by at least 10% in just five years. This should reduce Australia’s carbon footprint by some 7.2 million tonnes in a financially sustainable way. Bansal said, “This will help the industry to prosper.” “The manufacturing sector is too significant a player in Australia’s GDP to be consigned to a low-emissions stage.”

Australia has a reputation for being the world’s most innovative nation. The country produces just under half the world’s medical technology and pharmaceuticals exports, which is second in the world after the United States. Much of this is attributed to the support for high-quality education, which has created a skilled workforce that Australia can take advantage of in the manufacturing space. While the country can boast it is one of the most technologically advanced, it has often been noted that the most prosperous countries have had robust manufacturing sectors and more

At the age of 35, Bansal has already spent over a decade in the industrial logistics sector. His role as CEO of InfraBuild Australia began in August 2017, and according to his biography, he is in the role of “delivering substantial growth for the company” by providing “wholesale steel and manufacturing services to customers in manufacturing, agriculture, construction, energy, and mineral extraction.” According to Bansal’s website, he is “…a committed social entrepreneur who has had the privilege to lead many initiatives in the mining sector. A significant focus of his leadership has been to advance sustainability and inclusiveness within the business.”

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