WEF - The Readiness for the Future of Production Assessment (Industry 4.0) - 2018
The readiness assessment done by the World Economic Forum indicates that India is not adequately ready at the moment to take advantage of the Industry 4.0 Revolution.
The driver is the construct used for the assessment. Six drivers are used in the assessment,
Driver 1 -Technology & Innovation
Concepts of the Construct
Technology Platform
• Availability of ICT
• Use of ICT
• Digital Security & Data
Ability to Innovate
• Industry Activity
• Research Intensity
• Available Financing
Driver 2 - Human Capital
Concepts of the Construct
Current Labour Force
• Labour Force Capabilities
Future Labour Force
• Migration
• Education Outcomes
• Agility & Adaptability
Driver 3 - Global Trade & Investment
Concepts of the Construct
Trade
• Trade Openness
• Trade Facilitation and Market Access
Investment
• Investment and Financing
Infrastructure
• Transportation and Electricity
Driver 4 - Institutional Framework
Concepts of the Construct
Government
• Efficiency & Effectiveness
• Rule of Law
Driver 5 - Sustainable Resources
Concepts of the Construct
Sustainability
• Energy and Emissions
• Water
Driver 6 - Demand Environment
Concepts of the Construct
Demand
• Market Size
Consumer Base
• Consumer Sophistication
The Readiness for the Future of Production Assessment (Industry 4.0)
Key Hypotheses
The Readiness for the Future of Production Assessment (Industry 4.0) developed by WEF is
intended to stimulate discussion and advance further research.
There are two key hypotheses and working assumptions
that are fundamental to the assessment’s framework that needs to
be tested and researched over time.
1. The most important drivers of future readiness are Technology & Innovation, Human Capital, Institutional Framework and Global Trade & Investment.
2. Scale is not a prerequisite for future readiness.
Download the report - WEF - The Readiness for the Future of Production Assessment (Industry 4.0) - 2018
http://www3.weforum.org/docs/FOP_Readiness_Report_2018.pdf
Samarth Udyog Charter
Mandated guidelines for CEFC (IISc, Bangalore) under SAMARTH Udyog
Awareness campaigns on Industry 4.0
Training for Master Trainers
Active Participation Provisions for Start-up/ incubators
Hand-holding of SMEs to plan and implement relevant Industry 4.0 projects to be done through consultancy services on chargeable basis
Collaborating with neighbourhood Universities for student training/internship programmes
Involving industry in SPV membership model for sustainability
Participating in a Government formed platform for Industry 4.0 on common agenda
To make adequate provisions for e-waste management
Involving as many clusters of Capital Goods as possible
http://cpdm.iisc.ac.in/smartmanufacturing/samarth-udyog-charter/
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