"Globally there are 153 Lighthouse locations of which 15 are in India and they include names in the cutting edge of manufacturing like ReNew Energy and Unilever," head of the WEF's Center for Advanced Manufacturing and Supply Chain Kiva Allgood told FE.
The Fourth Industrial Revolution, also known as Industry 4.0, encompasses increased automation, enhanced production processes, and the emergence of new products and services. It revolves around four disruptive technology pillars: connectivity, data, computation power, and analytics and intelligence.
The 153 global lighthouse locations-which have adapted to Industry 4.0-are across 17 sectors and all of them have shown performance improvement across multiple parameters, Allgood, who is also a member of WEF executive committee, said.
Denne historien er fra March 26, 2024-utgaven av Financial Express Mumbai.
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Denne historien er fra March 26, 2024-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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