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PM Modi encourages India to take lead in Industry 4.0

Updated: Oct 07, 2022 10:36:43am
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PM Modi encourages India to take lead in Industry 4.0

Kevadia, Oct 7 (KNN) India has the potential to lead the fourth industrial revolution, said Prime Minister Narendra Modi on Friday at the conference on Industry 4.0 in Kevadia, Gujarat.

He said that the government has initiated reforms to transform the country into a global manufacturing hub.

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“As much it is about innovative thinking, the Industry 4.0 is also about new technology,” said the PM through a message which was read out by Joint secretary of the Ministry of Heavy Industries, Mahendra Nath Pandey at the conference.

“Due to various factors, India may have missed being a part of earlier industrial revolutions. But India has the potential to lead Industry 4.0, because, for the first time in recent history, we have many different factors like demography, demand and decisive governance coming together,” he said.

In making India an important link in global value chains, he emphasised on the role of industry and entrepreneurs.

Speaking at the event, Pandey said that the government is taking a series of steps to boost manufacturing through industrial revolution 4.0.

Participating virtually, Gujarat Chief Minister Bhupendra Patel said that the auto sector will hugely benefit from industrial revolution 4.0 and EVs will help in reducing carbon footprint.  (KNN Bureau)

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