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2024-06-06 12:30:30 pm | Source: Accord Fintech
DoT to support MSMEs, Startups in Industry 4.0 transformation
DoT to support MSMEs, Startups in Industry 4.0 transformation

With an aim to aid organisations and startups through the adoption of Industry emerging technologies, the Department of Telecommunications (DoT) is planning a new initiative. It has called for a proposal for ‘Industry 4.0 a baseline Survey among MSMEs’ that aligns with the broader vision of fostering digital transformation and preparing industries for the advent of 5G and 6G technologies.

The target of the survey will be on understanding the challenges faced by MSMEs in adapting to Industry 4.0 and utilizing advanced technologies and it will aim to lay the groundwork for a robust ecosystem capable of capitalizing on the capabilities offered by AI, IoT, cloud computing and the integration of 5G and 6G networks. This would include identifying sector-specific needs - in at least 10 sectors - and preferences, recognizing the diverse landscape of MSMEs and providing targeted support to foster innovation and competitiveness. 

The survey will, over a 60-day period, seek to cover five sectors each in North and Southern parts of India. The key recommendations will form the platform for policy interventions to achieve the transformative adoption of Industry 4.0 leading to enhanced competitive positioning and survivability of MSMEs. Organizations and Startups are invited to submit proposals by June 11, 2024 to participate in this transformative survey.

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