Industry 4.0 – 4th Rising Industrial Revolution in Manufacturing Industries and its Impact on Employability and Existing Education System

Abstract

Industry 4.0 is an emerging revolution that is moving manufacturing industries towards new dimensions. Industry 4.0 is the 4th industrial revolution and vision of tomorrow for manufacturing industries to make it intelligent. To drive mass production in intelligent industries, machines and products are going to be communicated with each other. Intelligent factories will be the next future of existing industries, where raw resources and machines are interconnected through the Internet of Things technology [1]. Skilled man workforce will be required at high demand because when the intelligent machine will replace the man workforce then to monitor and manage the complexities with intelligent machine skilled workers are required. On the other hand, structure of existing education systems will be entirely changed to cope with challenges arisen because of IR 4.0. The aim of this paper to focus on Industrial 4.0 as 4th revolution and its impact on employability potentials and mass production in manufacturing industries in India. As well as this paper highlights about the Cyber Physical System where all machines and materials will be connected in such way that they can communicate to each other cooperatively through intelligent sensors and communication technology. It shows how the exiting education will be affected or impact of IR4.0 on existing education systems in India.