Karol Bagh | IAS GS Foundation Course | date 26 November | 6 PM Call Us
This just in:

State PCS




News Analysis

Indian Economy

Samarth Udyog Bharat 4.0 Platform

  • 25 Aug 2021
  • 6 min read

Why in News

Recently, Central Manufacturing Technology Institute (CMTI) Bangalore, under the SAMARTH Udyog Bharat 4.0 Platform organized a webinar on “Expert Talks from Samarth Udyog Centres” to celebrate the Azadi ka Amrit Mahotsav.

  • The objective was to listen to the experts of the Samarth Udyog Centres on the indigenous technology developments & the ways for collaborations in the domain of Smart Manufacturing & Industry 4.0.
  • CMTI is a Research & Development organisation under the aegis of the Ministry of Heavy Industries, focusing on providing ‘Technology Solutions’ to the manufacturing sector and assisting technological growth in the country.

Key Points

  • About:
    • Smart Advanced Manufacturing and Rapid Transformation Hub (SAMARTH) -Udyog Bharat 4.0 is an Industry 4.0 initiative of the Department of Heavy Industry, under its scheme on Enhancement of Competitiveness in Indian Capital Goods Sector.
      • The scheme on ‘Enhancement of competitiveness in the Indian Capital Goods Sector’ was notified in 2014 to encourage technology development and infrastructure creation.
    • CMTI has established Smart Manufacturing Demo & Development Cell (SMDDC) as a Common Engineering Facility Centre (CEFC) to propagate and support the process of adoption of Industry 4.0 and smart manufacturing practices by the rapidly growing Indian manufacturing industry.
  • Industry 4.0:
    • It refers to the fourth industrial revolution, which is the cyber-physical transformation of manufacturing.
    • It has been defined as “a name for the current trend of automation and data exchange in manufacturing technologies, including cyber-physical systems, the Internet of things, cloud computing and cognitive computing and creating the smart factory.

  • Benefits of Industrial Revolution 4.0:
    • It will increase productivity, efficiency and quality in processes, greater safety for workers by reducing jobs in dangerous environments, enhance decision making with data-based tools, and improve competitiveness by developing customised products.
  • Challenges:
    • A Gap in Technical Skills:
      • Since, the needs required of the workforce are all evolving so, only with the right workforce will business models be able to successfully implement new technology and maintain operations.
    • Data Sensitivity:
      • The rise in technology has also led to increasing concerns over data and IP privacy, ownership, and management.
    • Innovation:
      • The lack of separation between protocols, components, products, and systems is also a challenge as interoperability impedes companies’ ability to innovate.
    • Security:
      • Threats in terms of current and emerging vulnerabilities in the factory are another significant concern.
      • The physical and digital systems that make up smart factories make real-time interoperability possible—however, it comes with the risk of an expanded attack surface.
    • Handling Data Growth:
      • As more companies become dependent on AI usage, companies will be faced with more data that is being generated at a faster pace and presented in multiple formats. To wade through these vast amounts of data, AI algorithms need to be easier to comprehend.

India’s Scenario

  • Overview of India’s Current Potential:
    • India has the third largest startup ecosystem in the world.
    • It is the largest exporter of generic pharmaceuticals.
    • When it comes to exports of cars, it does not even rank in the top 15.
    • Overall, India's manufacturing sector makes up around 17% of the GDP.
      • The services sector makes up over 65%.
  • Related Initiatives:

Way Forward

  • In terms of Industrial Revolution 4.0, adopting Smart manufacturing, analytics and IoT will give a new lease of life to industrialisation in India.
  • Apart from policy implementation hurdles, one major bottleneck is lack of skilled labour or fear of job losses owing to Robotics & Automation. A smart strategy to counter this is to upskill workers and millennials in these fields and create more jobs.

Source: PIB

close
SMS Alerts
Share Page
images-2
images-2