A.5. Fourth Industrial Revolution (Industry 4.0): Present

A fourth industrial revolution, known as Industry 4.0, which is based on a recent technological development called digitalization, is set to take place in the world due to tremendous advancements in the sectors of hardware and – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –

• While Industry 3.0 focuses on the automation of single machines and processes, Industry 4.0 concentrates on the end-to-end digitization of all physical assets and their integration into digital ecosystems with value chain partners.
• Driven by the power of big data, high computing capacity, artificial intelligence, and analytics, Industry 4.0 aims to completely digitize the manufacturing sector.
• Industry 4.0 is the next phase in bringing together conventional and modern technologies in manufacturing to create – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
• – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –

A.6. Industry 4.0 And India

– – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 

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