Business Standard

Saturday, December 21, 2024 | 10:10 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Industry 4.0 is India's second big opportunity

In this plethora of concepts and technologies, where does the India advantage lie?

Illustration: Binay Sinha
Premium

Illustration: Binay Sinha

Ganesh Natarajan
Is there a unique value that Indian manufacturing companies can alone deliver to the global marketplace? The answer may well lie in revisiting the fundamentals of “value disciplines” that Michael Treacy and Fred Wiersema had articulated so well in 1997 in their book, The Discipline of Market Leaders. Arguing then that companies must choose their dominant value from operational excellence, product leadership and customer intimacy rather than trying to be excellent at all three, the authors made a compelling case for this choice and many success stories of that era were a result of making that choice early and sticking
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in