Comprehensive Literature Study On Industry 4.0

Industry 4.0 is the product of technical growth and is meant to foster technological changes at all levels in the industry. Industry 4.0—promises enhanced flexibility and agility, as well as mass customization, improved quality, and increased efficiency. As a result, it helps businesses to meet the difficulties of generating increasingly customized products with shorter lead times to the marketplace and better potential. The 4th industrial revolution, often known as Industry 4.0, was inspired by emerging and revolutionary information and performance innovations. These innovative technologies enable ever-increasing levels of industrial efficiency. They both can intervene impact on environmental and social development. This thorough study examines the influence of Industry 4.0 technologies on resilience from a social, environmental, and economic, standpoint, which is gaining traction among scholars.