<p class="title">A pilot project for ushering in Industry 4.0 in the country has been launched at the Modern Coach Factory in Uttar Pradesh's Raebareli district, the railways said on Saturday.</p>.<p class="bodytext">Industry 4.0, commonly referred to as the fourth industrial revolution, is a name given to the current trend of automation, inter-connectivity and data exchange in manufacturing technologies to increase productivity.</p>.<p class="bodytext">Industry 4.0 is a complex cyber-physical system which synergies production with digital technologies, Artificial Intelligence, Big Data, Analytics, Machine Learning and Cloud Computing.</p>.<p class="bodytext">The Ministry of Railways and the Department of Science and Technology have joined hands in partnership with IIT Kanpur for taking up a unique project on 'Industry 4.0'. They launched the pilot project on Friday for implementation at the Modern Coach Factory, an official statement said.</p>.<p class="bodytext">Speaking on the occasion, Secretary Department of Science & Technology Ashutosh Sharma said that his department has recently launched a new programme 'Interdisciplinary Cyber Physical Systems (ICPS)' to foster and promote R&D in this emerging field of research.</p>.<p class="bodytext">He said about Rs 4,000 crore is expected to be spent in years to come in this area.</p>.<p class="bodytext">Railway Board, Member Rolling Stock, Rajesh Agrawal said that the initiative is expected to make India an advanced Industrial economy with exponential growth in jobs.</p>.<p class="bodytext">Prime Minister Narendra Modi in his address in Houston on September 22 had highlighted the importance of 'Industry 4.0' in global economy and India's advantage.</p>
<p class="title">A pilot project for ushering in Industry 4.0 in the country has been launched at the Modern Coach Factory in Uttar Pradesh's Raebareli district, the railways said on Saturday.</p>.<p class="bodytext">Industry 4.0, commonly referred to as the fourth industrial revolution, is a name given to the current trend of automation, inter-connectivity and data exchange in manufacturing technologies to increase productivity.</p>.<p class="bodytext">Industry 4.0 is a complex cyber-physical system which synergies production with digital technologies, Artificial Intelligence, Big Data, Analytics, Machine Learning and Cloud Computing.</p>.<p class="bodytext">The Ministry of Railways and the Department of Science and Technology have joined hands in partnership with IIT Kanpur for taking up a unique project on 'Industry 4.0'. They launched the pilot project on Friday for implementation at the Modern Coach Factory, an official statement said.</p>.<p class="bodytext">Speaking on the occasion, Secretary Department of Science & Technology Ashutosh Sharma said that his department has recently launched a new programme 'Interdisciplinary Cyber Physical Systems (ICPS)' to foster and promote R&D in this emerging field of research.</p>.<p class="bodytext">He said about Rs 4,000 crore is expected to be spent in years to come in this area.</p>.<p class="bodytext">Railway Board, Member Rolling Stock, Rajesh Agrawal said that the initiative is expected to make India an advanced Industrial economy with exponential growth in jobs.</p>.<p class="bodytext">Prime Minister Narendra Modi in his address in Houston on September 22 had highlighted the importance of 'Industry 4.0' in global economy and India's advantage.</p>