Industry 4.0, also referred to as the fourth industrial revolution or smart manufacturing, can spearhead India’s transformation as the manufacturing hub of the world by adding value to many aspects. Industry 4.0 is an amalgamation of emerging technologies such as computational power, IoT, business analytics, advanced robotics, artificial intelligence, additive manufacturing/ 3D printing, augmented reality, etc. Of these, additive manufacturing, autonomous robots, digital manufacturing, industrial internet and agile product development influence manufacturing the most. The smart factories of the future allow operations to be executed with high reliability and minimal manual intervention. Automated workflows, improved tracking and scheduling, optimized energy…
