Sustainability in Industry 4.0

Authors

  • Sapna Jangra Maharshi Dayanand University, Rohtak.
  • Anjali Gupta Maharshi Dayanand University, Rohtak.

Keywords:

Industry 4.0, Revolution, Sustainability, Green Labour, Digitization

Abstract

Industry 4.0 is considered as fourth industrial revolution. It is becoming a cutting-edge research topic among Academicians, industrialists, politicians and scientists. Researchers are focussing on the relationship of sustainability and industry 4.0 nowadays. Green jobs and industry 4.0 are a recent topic of researcher's interest. So, integration of green management and industry 4.0 results in green job Creations. It means investment should be made in those sectors which creates economic, environmental and social profits. The first part of this chapter will discuss how industry 4.0 can achieve sustainable development. Next part of this chapterconcern with how green Labour markets can be digitized in industry 4.0. Smart technology of industry 4.0 helps in optimum utilization of resources and reduction of waste. Social implication of industry 4.0 includes Employment generation and skill development. The main sustainability drivers of industry 4.0 are economic, environmental and social benefits. Transformation of industry 4.0 aimed towards achieving sustainable development, which is the need of hour currently due to scarcity of resources. However, this transformation industry 4.0 is a complicated and gradual process.

Author Biographies

Sapna Jangra, Maharshi Dayanand University, Rohtak.

Institute of Management Studies and Research, Maharshi Dayanand University, Rohtak, Haryana, India.

Anjali Gupta, Maharshi Dayanand University, Rohtak.

Institute of Management Studies and Research, Maharshi Dayanand University, Rohtak, Haryana, India.

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Published

2022-07-01

How to Cite

Jangra, S., & Gupta, A. (2022). Sustainability in Industry 4.0. Ushus Journal of Business Management, 21(3). Retrieved from https://journals.christuniversity.in/index.php/ushus/article/view/3625