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MICMAC Analysis of Industry 4.0 in Indian Automobile Industry

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Title MICMAC Analysis of Industry 4.0 in Indian Automobile Industry
 
Creator Fauzdar, Chinmay
Gupta, Naman
Goswami, Mohit
Kumar, Rakesh
 
Subject Interpretive structural model
Key enablers
Smart manufacturing
Sustainable development
 
Description 873-881
Industrial evolution has taken over as next generation technological breakthrough which is capable of achieving
digitalization to ensure enhanced quality, safety and economics. This paper aims to highlight those factors that affect the
functioning of the automobile industry. The objective is to find the effect of various factors contributed by Industry 4.0 in
the Indian automobile sector through brainstorming with manufacturing experts and literature survey. Ten factors were
found relevant. Generated responses were used to measure their influence with each other. Structural Equation Modeling
(SEM) analysis was applied for this. Then MICMAC (Matriced'impactscroisés multiplication appliquée á un classment), a
cross-impact matrix multiplication is applied to show the dependency of the variables thereby examining the strength of the
relationship between Industry 4.0 factors based on their driving and dependence power.The outcome model categorizes the
factors in such a way that their impact can be observed by the practitioner and make changes accordingly. Effective
mitigation of challenges associated with these factors is envisaged to make it much simpler for the company to enhance their
performance and competitive ability. The model reiterates the fact that advancement in technology drives the 4th revolution
and other factors such as supply chain management, organizational structure, employment disruption, etc. affect each other
at various stages of development.
 
Date 2022-08-03T04:47:00Z
2022-08-03T04:47:00Z
2022-08
 
Type Article
 
Identifier 0022-4456 (Print); 0975-1084 (Online)
http://nopr.niscpr.res.in/handle/123456789/60247
https://doi.org/10.56042/jsir.v81i08.61847
 
Language en
 
Publisher NIScPR-CSIR,India
 
Source JSIR Vol.81(08) [AUG 2022]