12 February: National Productivity Day in India
The National Productivity Council on February 12, 2018 observed the National Productivity Day 2018. The council is also observing the National Productivity Week till February 18, 2018 with the theme 'Industry 4.0 Leapfrog Opportunity for India'.
Industry 4.0 or the 'Fourth Industrial Revolution' is seen emerging globally as a powerful force and is being called as the next industrial revolution. It is characterized by the increasing digitization and interconnection of products, value chains and business models.
Industry 4.0 is expected to result in the "Smart Factory", which is characterized by versatility, resource efficiency, ergonomic design and direct integration with business partners.
The first industrial revolution was triggered by water and steam power to move from human labour to mechanical manufacturing. The second industrial revolution led to electric power to create mass production. The third used electronic and information technology to automate manufacturing. And the fourth is the current trend of automation and data exchange in manufacturing technologies.
National Productivity Council
• The year 2018 is the 60th anniversary of the National Productivity Council (NPC).
• Over its 59 years of existence, the NPC has built extensive experience in problem solving, from the shop floor level to strategic and policy issues at the macro level.
• NPC owns requisite professional strength with nearly 140 full time consultants on its roll.
• It has a country wide presence with a network of 13 regional offices at all major State capitals or industrial centres.
When: 12 February 2018