Gateway House with funding from EXIM Bank prepared this paper covering both theory and practice. Excerpts:
Industry 4.0 promises to create new jobs and products while boosting productivity. The complex array of processes that make this possible – including 3D printing, computer-aided design, data analytics, artificial intelligence, simulation, virtual reality, sophisticated process management and more – are collectively known as Digital Manufacturing. Companies can also achieve digital manufacturing goals independently through the Global Lighthouse Network and Gartner’s Magic Quadrant for Industrial IOT. So far, India has just one company in each segment – Tata Steel for Lighthouse and Altizon for the Magic Quadrant.
Startups are catching up with Government support.Clairviz, co-founded by Aditya Vermani, an engineer who worked with India’s engineering giant Larson & Toubro and was briefly seconded to the Indian Space Research Organization, has a product similar to Altizon. But Vermani is sitting in a sweet spot because Clairviz participates in the government’s Start-Up India programme and is a beneficiary of government’s mandate that state companies use start-ups and MSMEs like Clairviz for their procurement of goods and services. State-owned oil refining giant Hindustan Petroleum was among Clairviz’s first clients; it installed and monitored sensors at the company’s Mumbai refinery and oil depots, resulting in improved regulatory compliance and a saving of almost $20,000 per year on maintenance and labour costs, against a small subscription fee – another creative revenue model.
SAMARTH Udyog Bharat 4.0 is an Industry 4.0 initiative of Department of Heavy Industry, Ministry of Heavy Industry & Public Enterprises, Government of India under its scheme on Enhancement of Competitiveness in Indian Capital Goods Sector. The experiential and demonstration centres for Industry 4.0 have been proposed to spread awareness about I4.0 amongst the Indian manufacturing industries. Five centres of I4.0 having a unique identity for spreading awareness and branding have been sanctioned under SAMARTH Udyog. It is emphasized that these centres would have resource sharing, common platform of industry 4.0 and network each other’s resources so that the utilization of resources is maximised.