The Economic Times: Tech’s still a strange word for manufacturers here
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October 07, 2019
Technology and InnovationTransformation InnovationTechnology, Data, and DigitalInnovation, Research, and DevelopmentExecutive Search
Indian manufacturers are taking their time to adapt to “Industry 4.0” as they take a slower approach to technology adoption.
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The Economic Times

The Economic Times eportals article, "Tech's still a strange word for manufacturers here," features Russell Reynolds Associates paper, "Manufacturing in the Era of Industry 4.0." The articles is excerted below. 

Over 62% of Indian manufacturers, including those in labour-intensive sectors like automotive, industrial goods and heavy manufacturing, are still at the third industrial revolution in terms of technology and want to exhaust low-cost options rather than implementing high-cost technology that automates functions, a study by management consulting firm, Russell Reynolds Associates found. Here’s why Indian manufacturers want to take their time to adapt to ‘Industry 4.0’.  

To read the full article, click here.