Manufacturing 2020: A smart fusion of digital & industrial world
Industry 4.0 can be considered as a ‘Fusion of online world and the world of industrial production’. By adopting Industry 4.0, Niteen Inamdar believes that India can acheive operational excellence and become a global manufacturing powerhouse by 2020.
In today’s fast paced and ever evolving industrial world, it is important to see how the manufacturing world would be like in 2020. In recent past, with the advent of computerisation and digitisation supported by Internet, the industrial world has moved leaps and bounds.
The new buzz word is Industry 4.0 which is going to dominate the future manufacturing world. However, before we really dwell upon future let us look into past and present.