An Empirical Investigation of Industry 4.0 Preparedness in India

Author:

Singhal Neeraj1ORCID

Affiliation:

1. Management Development Institute, Murshidabad, West Bengal, India.

Abstract

The term ‘Industry 4.0’ or the fourth Industrial Revolution refers to the addition of smart technology to traditional manufacturing and industrial practices. This practice was first introduced by the German government in the year 2011 to empower its economy. The trend steadily gained roots and spread to other countries across the globe. This study explores the preparedness of select Indian industries to implement Industry 4.0, or in other words, build smart factories using innovative technologies. It also throws light on the benefits, challenges, drivers and barriers to Industry 4.0 in the Indian context. Based on data from corporate executives, it also highlights issues and challenges related to investment cost, skills gap and data security in implementing Industry 4.0. The study also provides a framework for a mapping application to map the qualities, benefits and challenges faced by selected Indian industries at two levels: concept implementation and the full implementation.

Publisher

SAGE Publications

Subject

Strategy and Management,Business and International Management

Cited by 20 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3