Footwear Industries
The footwear sector in India is close to 75 per cent production in India but it lags much behind China in terms of export of footwear. Data shows that nearly 95 per cent of footwear manufactured in India fulfils the local demand, leaving less left to export and earn profits.
One of the key objectives of Industry 4.0 is to combine two principles that are actually opposites, strictly speaking – production line manufacturing and custom manufacturing in a smart environment referred to as smart factory. The concept of a smart factory makes the rather abstract idea of Industry 4.0 easier. This is where the Internet of Things comes into play, i.e. nonhuman parties communicating with each other. That could be a plant sending out a signal that it needs new material and the smart factory automatically and independently forwarding this information. The communication between these ‘entities’ takes place through appropriate electronic networking in a smart way. This is the core point about Industry 4.0 – the Process Knowledge Automation. The Process Knowledge Automation resolves and enables the problem that work-pieces don’t have the technical capabilities to communicate on their own transforming physical systems into ‘cyber physical systems’, whereby the work-piece is the physical element and the Knowledge Automation is the digital element.