• IPC 2017

Centre of Excellence on IT for Industry 4.0

By GovernanceToday
In Governance Watch
May 15, 2017

National Productivity Council had submitted a proposal to Asian Productivity Organization (APO) for establishment of Centre of Excellence on IT for Industry 4.0 (CoE: IT for I4.0). In this context, in the Governing Body Meeting of APO in Tehran on April 10, 2017, one of the agenda items was to grant approval of the proposal submitted by NPC on “CoE on IT for I4.0”. As a part of recognition of IT capacity of India, NPC proposal has been approved by GB of APO. This will ensure a number of benefits such as; Creation of roadmap for implementation of Industry 4.0 especially for MSMEs, transfer of knowledge and expertise from other 19 Member countries, one stop destination  on IT for Industry 4.0 for Indian industries especially for MSMEs, capacity building, support to start-ups, etc. The total cost component of CoE will be around Rs. 4.15 Crore for a period of five years. NPC’s share in the total cost will be around Rs.1.05 Crore and that of APO will be Rs. 3.10 Crore. The approved CoE is proposed to be launched formally in the second week of June 2017. There will be participation from the various Industries, Industry Associations, and Experts. A detailed roadmap will be prepared to take forward the activities of CoE.

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