Smart Factories and Indian MSME

Tushar Gahlaut () and Gourav Dwivedi
Additional contact information
Tushar Gahlaut: Indian Institute of Technology Delhi
Gourav Dwivedi: Indian Institute of Technology Delhi

A chapter in Advances in Digital Manufacturing Systems, 2023, pp 241-265 from Springer

Abstract: Abstract The development of smart factories in the MSME sector poses various challenges in its implementation. We identified ten such challenges for implementing smart manufacturing systems in the Indian MSME sector, based on a systematic literature review and discussion with experts from both industry and academia. Then, we applied Fuzzy-ISM (Fuzzy Interpretive structural modeling) for identifying strengths, while building relationships between these challenges. We developed an ISM digraph to demonstrate how these challenges drive one another. Our analysis shows that data security and trust issues, along with external competition are the most critical challenges with medium driving power and low dependence. We believe that our findings would help the management make more informed decisions and develop mitigation strategies with more individual focus or level focus.

Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-7071-9_12

Ordering information: This item can be ordered from
http://www.springer.com/9789811970719

DOI: 10.1007/978-981-19-7071-9_12

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().