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93% of Indian manufacturers are adopting Industry 5.0 to drive sustainable practices and boost revenues.
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Over 50% of manufacturers prioritize investments in sustainable practices, leveraging digital technologies.
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Industry 5.0 aims to create a human-technology symbiosis, enhancing productivity and resilience.
Indian manufacturers are shifting focus to sustainability and Industry 5.0 to increase profits. A PwC India study found 93% of manufacturers across six industries embracing this change.
Industry 5.0 combines human expertise with advanced technologies like AI, robotics and IoT. This fusion enhances productivity, sustainability and resilience. Manufacturers investing in sustainable practices expect a 6.42% revenue boost over the next two years.
The study surveyed 180 senior executives from industries like automotive, cement and textiles. Key findings include 52% of executives allocating investments to lifelong learning cultures.
Sudipta Ghosh, PwC India Partner, emphasizes that adopting Industry 5.0 capabilities will give companies a competitive edge. Transformation is crucial for a sustainable and resilient future, integrating humans and technology.
