Abstract

Abstract: Countries like Germany, Japan, the USA, and Singapore have all embraced Industry 4.0 to increase their economic competitiveness. India has fallen behind its global rivals in its embrace of Industry 4.0. But it has started using these technologies in production, and that's led to a lot of good things happening. Since urbanization began, people have been preoccupied with improving their physical and mental prowess. At first, simple tools were made out of wood or stone, but as time went on, humans experimented with metals, plastics, and even glass for various purposes. Humans have developed a wide range of practical mechanical devices. The advent of new machinery prompted the first industrial revolution. Many people called it a revolution since it also brought about major changes in society and the economy. The new ideas formed during the French Revolution, such as equality, liberty, and fraternity, were infused into the first industrial revolution, which happened a few years after the revolution. This suggests that the global economy and our culture as a whole are profoundly impacted by industrial revolutions. In light of this, the purpose of this research was to demonstrate the potential effects of Industry 4.0 on India's manufacturing industry.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.