Abstract:
Background: Industry 4.0 is the revolution of the industrial process along with the adaptation of technological changes and advancements. With the passage of time, Industry 4.0 has been catching the attention of industries all over the world. Various studies and literatures seem to be emerging regarding Industry 4.0 around the globe. However, in the Nepalese context, no study has been conducted on the particular field.
Objective: This study aims to study the current status of industries in Kathmandu Valley and analyze the factors affecting industrial readiness for Industry 4.0 amidst the effects of the pandemic. It tries to review the industrial readiness for Industry 4.0 in Nepal.
Methods: Systematic literature review was conducted to analyze various literatures around the world, along with 20 empirical reviews, to make this study more efficient. Also, a conceptual framework was developed to draw a roadmap for the study.
Results: We found that Nepal has many problems with the adoption of the concept of Industry 4.0. Our study noticed that, along with the involvement of a much-unskilled labor force in industries, a lack of infrastructural development and innovation and ineffective government policy are vital.
Conclusion and implication: This study concludes that Nepal has huge unskilled workers, relatively to skilled workers, that are meant for adaptation of new technologies, replacing manual work, and the government from the policy level needs to focus on this. This study will benefit the Ministry of Information and Technology, Ministry of Industry, Ministry of Education, Health and Science, Policymakers, Foreign as well as domestic investors, authors, and graduating students in understanding industries readiness for
4.0 in Nepal. <<<READ MORE>>>
How to Cite
Rajbhandari, S., Khanal, G., Parajuli, S., & Karki, D. (2020). A Review on Potentiality of Industry 4.0 in Nepal: Does the Pandemic Play Catalyst Role?. Quest Journal of Management and Social Sciences, 2(2), 366–379. https://doi.org/10.3126/qjmss.v2i2.33307