Fourth Industrial Revolution – Is India Prepared?
A revolution is supposed to be disruptive. After going through three industrial revolutions the world is currently on the way of fourth stage of industrial revolution. India is also making initiatives for such a change. However, the progress made by India has been not sufficient for rapid move towards it. Hence the present paper is an attempt to see India’s preparedness for the fourth stage of industrial revolution. The analysis is based on secondary information collected from various reports. India has to speed up its preparedness by filling workforce skill gap, ensuring data security, making industrial initiatives, solving issues of e-waste generation and finding methods to tackle industry generating environmental crisis.
Keywords - Industrial Revolution, Industry 4.0, Robot Density, Network Readiness Index, WEF