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Industry 4.0 Could be Pushed by Providing Incentives on Cards
June 12, 2019
According to a senior official, the government may offer subsidies and tax breaks to compel India Inc to adopt digital means of payments more and more. They said that the Center is pondering over a major initiative that could bring Industry 4.0 close to reality.
The official said that once Industry 4.0 is adopted across the country, we can expect revenue growth, cost control, efficiencies in various operations, and also a major impact on sectors like financial services, pharmaceuticals, automobile, etc.
Photo credit: HåkanDahlström on Visualhunt / CC BY
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