NEWS – DoT Launches Initiative to Support MSMEs and Startups called Industry 4.0 Transformation

PROPOSAL FOR “INDUSTRY 4.0 BASELINE SURVEY AMONG MSMES”

• Objective: To foster digital transformation through 5G/6G technologies.
• Purpose: To form a platform for policy interventions to achieve transformative adoption of Industry 4.0.

Initiative Overview

• Target Audience: MSMEs and startups.
• Aim: Aid organizations and startups in adopting emerging technologies in Industry 4.0.

Survey Details

• Focus: Understanding challenges faced by MSMEs in adapting to Industry 4.0 and utilizing advanced technologies.
• Goals:
  • Lay the groundwork for a robust ecosystem utilizing AI, IoT, cloud computing, and 5G/6G networks.
  • Identify sector-specific needs and preferences in at least 10 sectors.
  • Provide targeted support to foster innovation and competitiveness.

Execution Plan

• Duration: 60-day period.
• Geographical Coverage: Five sectors each in the Northern and Southern parts of India.
• Outcome: Key recommendations to form the platform for policy interventions.
• Impact: Enhanced competitive positioning and survivability of MSMEs through transformative adoption of Industry 4.0.