Publication

Abstract : Public sector enterprises (PSEs) in India are under constant scrutiny to reduce their excessive burden on environment and labor force, while improving efficiency and effectiveness in a sustainable manner. Advances in manufacturing technologies and automation have forced PSEs in India towards digitalisation of industrial production and creating efficiencies. Consumers of products and services are inclined towards companies that have established Corporate Social Responsibility (CSR) practices towards making societies better and saving lives. This study intends to determine the areas of convergence of Industry 4.0 and CSR in Indian PSEs, which could generate significant economic, environmental, and social benefits. and ultimately, sustainable. Orientating PSEs in India towards industry 4.0 has a direct impact on employees and, finally, on society. For implementing successful Industry 4.0 strategies, CSR policies and strategies of Indian PSEs and its stakeholders must direct their initial efforts in upskilling their employees in order to achieve economic, social and environmental sustainability