India well on the way to average economic growth of 7.5% heralding industry 4.0
Q. What is Industry 4.0?- Published on 22 Feb 16a. Fourth industrial revolution
b. Manufacturing industries in 4 sectors
c. Four fold sector specific industries
d. None of the above
ANSWER: Fourth industrial revolution
India’s average economic growth rate was 7.5 percent in 2015 and India grew at a faster rate than China for this year, just as IMF had estimated. India is currently well on its way to a 4th Industrial Revolution/Industry 4.0 where the new face of global industries has come to the fore. This is the age of advanced manufacturing, robotics, 3D printing and quantum engineering.