Economy

What is Industry 4.O which can be helpful in increasing India’s GDP

Manufacturing is very important in a country like India, as manufacturing accounted for about 17% of GDP in 2020. At the same time, it has to be raised to 25 percent in 2025. Along with this, a target has been set to employ 100 million people and manufacturing one trillion dollars. But for this people working in the industry have to be smart, in which industry 4.O will prove to be helpful.

In the world of manufacturing, technology has been giving new direction to industries and production every day. The target is to take manufacturing’s share to 25 per cent of the country’s GDP by 2025, and research suggests that Industry 4.O can play an important role. But before that, you know what the industry is 4.O But before that, you know about the industry revolution before.

Industry 1.O

Machine-made production began in the 18th century, using water and steam. It was called Industry 1.O.

Industry 2.O

In the 19th century, mass production started through the assembly line with the help of labor and machine, called Industry 2.O.

Industry 3.O

Automatic production started in the 20th century with the help of IT and electronics. Called industry 3.O.

Industry 4.O

In the 21st century, intelligent manufacturing, AI, CLOUD, ROBOTICS, MACHINE play a key role of LEARNING, being called Industry 4.O.

Industry 4.O is in a way the second industrial revolution. The only difference is that while the first industrial revolution in the world was limited to Europe, mainly England, the current industrial revolution is spread across the world as Industry 4.O. Its presence and spread is not limited to any country. Automation and data play a big role in Industry 4.O. A style in which machines talk by themselves.

Machine learning helps in making real time data decisions, ie the smart avatar of manufacturing. In this whole process, people, processes and machines will all be connected together. From a connected eco system. It is believed that the way India has won the world of IT and Software, the foundation of India in Industry 4.O is also very strong.

Recently, PM Modi said that there are going to be four main factors of Industry 4.O. Connectivity, automation and artificial intelligence or machine learning and real time data. Today, India is among the countries with the most data available. Even remote areas have mobile connectivity, smart phones. India’s expert pool of automation design is also large and engineering centers of more global companies are also in India. India’s software engineers in Artificial Intelligence and Machine Learning have been making their presence known to the world for years.

Along with this, Prime Minister Narendra Modi has also suggested to the whole world about Industry 4.O, PM said, “We have to keep in mind that Industry 4.O is also for robots but not human beings. We have to ensure technology Is the tool of living not a trap. “

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