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ISSN Number:
2582-8568
Journal DOI No:
03.2021-11278686
Title:
A SURVEY ON INDUSTRY 4.0 READINESS OF MANUFACTURING MSME IN INDIA
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Cite this Article:
,
A SURVEY ON INDUSTRY 4.0 READINESS OF MANUFACTURING MSME IN INDIA, International Research Journal of Humanities and Interdisciplinary Studies (www.irjhis.com), ISSN : 2582-8568, Special Issue, March 2022 International Conference Organized by V. P. Institute of Management Studies & Research, Sangli (Maharashtra, India), Page No : 103-113,
Available at : http://irjhis.com/paper/IRJHISIC2203015.pdf
Abstract:
Industry 4.0(I4.0) refers to a new industrial revolution in which technology is used to integrate management processes to provide digital solutions to support market dynamism. The existing literature on Industry 4.0 has been largely focused on enabling technologies and their impact in various industrial situations. There is a scarcity of research that gives empirical information on how manufacturing industries, particularly manufacturing MSMEs, are dealing with digital transformation. The purpose of this research is to gather data on the degree of understanding, preparedness, and propagation of the Industry 4.0 paradigm in Indian Micro, Small, and Medium Enterprises (MSMEs). For the research, 356 MSMEs were interviewed. Industry interviews, as well as other data acquired and analyzed during this study, demonstrate that MSMEs have little awareness of Industry 4.0 and are unprepared to deploy it.
Keywords:
Industry 4.0 (I4.0), Smart Manufacturing, Survey, Readiness level, MSME, Technology.
Publication Details:
Published Paper ID: IRJHISIC2203015
Registration ID: 20598
Published In: Special Issue, March 2022 International Conference Organized by V. P. Institute of Management Studies & Research, Sangli (Maharashtra, India)
Page No: 103-113
ISSN Number: 2582-8568
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