The World Economic Forum in Davos this week saw a theme different as opposed to the previous years. It was on ‘mastering the fourth industrial revolution’ and on how to get most out from the technology. This was in turn changing the lives and the economies, particularly in the manufacturing sector.
The vast work force, India showed the penchant to be naturally drawn to the labor intensive industries. But with the change in time, the government ought to bring a change in the kind of manufacturing. This includes the latest technology and smart innovations.
Sources said that there have been research teams that have paved way to Bangalore, to figure out if the Indian manufacturing can modernize and create jobs at the same time.