Causal interactions among essential factors of Industry 4.0 innovation using DEMATEL technique in manufacturing industries

Abstract

PurposeIndustry 4.0 implementation appears to have a far-reaching effect on consumer demand. Research findings on market prospects and implementation status are also rare. The purpose of this study is to address the essential factors regarding the implementation status of the Indian manufacturing industries that would entail a complete implementation of the Industry 4.0 innovations in developing nations and execute them entirely to achieve related benefits.Design/methodology/approachThe primary factors impacting the Industry 4.0 implementation status recognized a focus on comprehensive literature analysis and its validation by recommendations from 12 specialists with substantial expertise in Industry 4.0. The DEMATEL technique has been implemented in this analysis to examine the structure of causal interactions among the recognized essential factors.FindingsFrom a literature analysis and recommendations from specialists, 16 essential factors are recognized. Using DEMATEL techniques, ranking of the essential factors has been obtained according to their importance. Moreover, the findings show the cause and effect interactions among essential factors in the perspective of Industry 4.0 innovations in Indian manufacturing industries.Research limitations/implicationsThe current research is restricted to Indian manufacturing industries (developing nations).Practical implicationsIt will help industries move towards an Industry 4.0 implementation by knowing their status. A research model is being developed, including specific vital features of Industry 4.0 as indicators for its implementation. Nevertheless, few are renowned for how industries, especially in developing nations, perceive the possible effects of Industry 4.0 technological innovations and industrial efficiency.Originality/valueTo the best of the authors’ knowledge, the present research contributes first to be carried out regarding the model of information about the nature of causal interactions among the recognized essential factors of Industry 4.0 in the surrounding of Indian manufacturing industries to address the implementation status of Industry 4.0 innovations using DEMATEL technique.