India’s DoT is launching Industry 4.0 initiative to boost MSMEs and startups

India’s Department of Telecommunications (DoT) has launched a landmark initiative designed to support micro, small and medium enterprises (MSMEs) and startups in adopting emerging Industry 4.0 technologies. This effort aligns with the broader vision of advancing digital transformation and preparing industries for the advent of 5G and 6G technologies.

The initiative, titled ‘Industry 4.0: A baseline survey of MSMEs’, aims to understand the challenges faced by MSMEs in adapting to Industry 4.0 and leveraging advanced technologies. Over a period of 60 days, the survey will cover five sectors each in northern and southern India, targeting at least ten sectors in total. The primary goal of the research is to lay the foundation for a robust ecosystem capable of taking advantage of the opportunities offered by artificial intelligence (AI), the Internet of Things (IoT), cloud computing and the integration of 5G and 6G networks.

India’s Department of Telecommunications (DoT) has launched the initiative ‘Industry 4.0: A Baseline Survey among MSMEs’ to support MSMEs and startups in adopting Industry 4.0 technologies. The 60-day study will cover ten sectors across India, with a focus on AI, IoT, cloud computing and 5G/6G integration, with the aim of driving innovation and competitiveness.

By identifying sector-specific needs and preferences, the initiative aims to recognize the diverse landscape of SMEs and provide targeted support to promote innovation and competitiveness, the Ministry of Communications said in a press release.

The research will answer several critical questions, including which Industry 4.0 technologies are being used, the number of employees beyond revenue, the IoT devices being used and the purposes that IoT will serve within the companies.

The DOT has invited organizations and startups to submit proposals to participate in this transformative research by June 11, 2024. The key recommendations from the research will serve as a basis for policy interventions aimed at achieving the transformative adoption of Industry 4.0. This will in turn improve the competitive position and survivability of SMEs in a rapidly evolving technological landscape.

Fiber2Fashion News Agency (DP)

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