How will industry 4.0 affect India?



Industry 4.0 stands for the fourth industrial revolution, where machines, raw material, and processes will be connected. Now we are living in the era of the evolution of the fourth industrial revolution.
Today's advanced factories are semi-automated where machines and robots are aiding human beings to perform manufacturing processes.
But this is just a start. Industry 4.0 will take manufacturing to a new level by introducing the concept of smart factories, producing smart products using flexible mass manufacturing technologies.
Evolution of Industry 4.0 will Lead to:
  • Fully Automated factories working independently to produce smart products.
  • High Productivity
  • Low Manufacturing Cost
  • Improved Product Quality products. etc.
During the industrial revolution 1.0, people utilize steam power for production. For example, vehicle-powered by steam power is being invented to make long-distance travel easier. That's one way how Industry revolution 1.0 has brought significant impact during that time.
On another hand, people during Industry revolution 2.0 have utilized electricity for mass production. The manufacturing industry has utilized electricity to maximize efficiency. As a result, people living in that era have learned to use electricity on a daily basis.
Similarly, Industry revolution 3.0 has brought a meaningful impact on society. People around this era have utilized microelectronics and information technology for production. The Internet is one of the major inventions during this time. In the Manufacturing Industry, people have utilized computers to assign a task to the machines for automation.
In this way, the Industrial revolution 3.0 will be the stepping stone of the Industrial revolution 4.0.

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