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#Discussion(General) [ via IoTForIndiaGroup ]
After Independence, Indian Economy followed the same path and Green revolution led us to a strong agro based economy. The ideal situation at that moment was to shift from agro based economy to manufacturing based economy but due to red tape and unfortunate political turmoil we lost the plot.
In 1991 when Indian economy was liberalized, The scope of industrial revolution got diminished as many developed country were already having a hegemony in manufacturing sector. China specially became so fierce that any form of Competition in manufacturing sector became lop sided.
However, It is amazing to note that after Liberalization India became the epicenter of IT service industry. Many companies became unicorn in the upcoming two decades and We flooded Silicon Valley with brilliant coders.
The IIOT(Industrial Internet of Things) market alone will be a 20 billion dollar market by 2020, Some Manufacturing Companies in India are already implementing it and studying the positive impact.
This is the Responsibility of Technology Company and Decision makers of India to lead industry 4.0 revolution from the front. Early adaptor or innovator or laggards? Indian Economy is looking up to you.
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