Tech think tank gives impetus to digital transformation in MSME sector with video series initiative

Bengaluru, July 13 (KNN) The IET Future Tech Panel has started a special video series on Industry 4.0 for MSMEs to bridge the digital gap in India’s MSME sector.

The panel is an independent and neutral visionary think-tank led by prominent industry experts based in Bengaluru.

It is a five-part video series which aims to benefit MSMEs in India by enabling them to adopt Industry 4.0 and Smart Manufacturing technologies for real business impact.

Speaking about the initiative, Purnendu Sinha, Chair, Manufacturing Working Group, IET Future Tech Panel said, “Most MSMEs in India have a view that digital transformation is only for large Indian and/or multinational enterprises. There is widespread misconception that it is expensive and a good-to-have, not a necessity.”

“This initiative is part of our concerted efforts to generate content and research that inspires and informs India’s MSME manufacturing sector, as we strongly believe that the full benefit of Industry 4.0 in manufacturing can only be realised if the complete value-chain and production ecosystem are transformed,” said Sinha.

The video series will contribute towards engineering a digital future for India’s MSMEs through expert opinions, research-backed findings and practical tips for technology implementation and adoption.

Additionally, the panel has also developed a series of whitepapers as part of their efforts to drive digital transformation in India’s MSME sector.  (KNN Bureau)