OPERATIONAL READINESS OF PAKISTAN TEXTILE INDUSTRY TO IMPLEMENT INDUSTRY 4.0 (A STUDY OF HYDERABAD TEXTILE)

Abstract

Any industrial revolution starts with the aim of increasing efficiency. Previous technological movements have concentrated on the manufacturing structure at the factory floor level. Industry 4.0 is the 21st century's industrial revolution, and it will be the next manufacturing paradigm. In the first revolution, industries achieved high efficiency by steam engines, in the second revolution, industries used energy and production lines, and in the third revolution, industries have shifted from analogue to digital technologies. Industry 4.0 is the 21st century's industrial revolution, and it will be the new business model. In the packaging industry, mass production is giving way to customised production. Internet of Things, Industrial Internet, Smart Manufacturing, and Cloud-based Manufacturing are some of the terms used. The key goal of this research is to see how technologies can help manufacturing companies get ready for Industry 4.0. The study illustrates an examination of preparation for Industry 4.0 deployment, which was measured using a University of Warwick model. Quantitative approaches were used to determine the relationship between organisational readiness and deployment by asking 35 workers of manufacturing companies closedended questions. His final result reflects a keen interest in the challenges that the Fourth Industrial Revolution poses to companies. While the majority of respondents see Industry 4.0 as a wonderful opportunity for increased competitiveness and development, the status of proposals for its implementation varies widely based on country, sector, and even individual firms