Industry 4.0 should be adopted in CPSEs for global competitiveness: Govt

New Delhi: Industry 4.0 is being considered for future incorporation into the Central Public Sector Enterprise (CPSE) MoU assessment framework, and that early adoption will be key to enhancing global competitiveness, the government has said.

In a strategic step towards fostering innovation and smart manufacturing, the Department of Public Enterprises (DPE), Ministry of Finance, organised a workshop on Industry 4.0 here, which brought together experts, policymakers, and leadership of CPSEs to discuss strategies for adoption and scaling up of Industry 4.0 technologies across sectors like Energy, Power, Construction, Infrastructure, Telecom and Services.