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Industry 4.0 - A Primer on Startup Driven Industrial Stories

NASSCOM report highlights on the shift from legacy products to emerging technologies like IoT, EV, 3D Printing & the role of Indian startups in driving innovation on the industrial front. It also presents a probable approach to Industry 4.0 through an agile process.

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Key Findings

01

  • Indian industry is already reaping the benefits of Industry 4.0 with companies experiencing a step-up in revenues attributed to technology adoption. Industry 4.0 would be driven by products and services such as electric vehicles, smart products, drones, digital twins, automation technologies
02

  • Implementation of an agile process will make the digitalization much easier with most of the manufacturers reaching out to partners to enable finer points of technology
03

  • The report highlights on potential use cases by Indian start-ups, giving an edge to Indian start-ups
04

  • Manufacturers would finally focus on monetizing data through revenue-generating products and services

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