Vedanta is one of India’s largest Aluminum producers and has to ensure operational continuity even during the lockdown. Vedanta has put industry 4.0 and automation as a priority in their business tech strategy. The framework includes cyber-physical systems (OT-IT), IIOT, cloud, cognitive computing and AI has moved from ‘nice to have’ or augmenting capability for the aluminium industry to something that is vitally important for differentiation.
A report by Deloitte revealed that IoT adoption in India is still in niche stage Tech challenges like connectivity, compatibility, interoperability and cybersecurity are holding back IoT adoption. A lot of firms, worrying about RoI, do not invest in this crucial tech of Industry 4.0. However, Deloitte suggests firms to invest in such techs during the time of downturns (like this one) as it helps in leapfrogging competition after the recession subsides.