Indian MSMEs Aiming to Embrace Industry 4.0: Fears and Recommendations | Authored by Dr. Ravindra Ojha
Despite the high potential, most MSMEs are confronted with a plethora of barriers in embracing I4.0 practices in India. Most of them continue to operate in their comfort zone of I3.0, ignorant of the adverse impact of not adopting I4.0 in the highly competitive business journey ahead. The discussions with MSME owners, OEM sourcing managers, business consultants and policy planners have indicated that there are many challenges/fears/barriers that MSMEs are facing to embrace I4.0.
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