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International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056
Volume: 09 Issue: 05 | May 2022 www.irjet.net p-ISSN: 2395-0072
© 2022, IRJET | Impact Factor value: 7.529 | ISO 9001:2008 Certified Journal | Page 3709
Industry 5.0 Revolution towards an Imminent Future Driven Society
Rakesh Kumar Birda1 Manish Dadhich2
1 Assistant Professor, S J College, Jaipur
2 Assistant Professor, Sir Padampat Singhania University, Udaipur
---------------------------------------------------------------------***---------------------------------------------------------------------
Abstract - The Industry 5.0 system is analogous to a system
in which machines provide services and communicate
information with products in real-time. It offers numerous
capabilities that aid in any system's automation, monitoring,
and diagnostics. It is a process for transitioning from
dominating machine productiontodigitalmanufacturing. The
Industry 5.0 standard must be thoroughly understood to
achieve a successful transformation, and a detailed road map
must be developed and implemented. Several approaches and
conversations are now underway to produce roadmaps, some
of which are discussed in this paper. Evaluating Industry 5.0
components and features is critical for defining the
fundamental pillars of a concrete future manufacturing
environment as well as a specific ranking position in India.
This study aims to describe, examine, andcomparesomeofthe
most promising existing methodologies for calculating
national Industry 5.0 readiness.
Key Words: Augmented reality and simulation, IoT, CII,
Cloud Computing, GCI.
1. INTRODUCTION
Every moment in the world is changing so quickly due to
human activity. The entire manufacturing and production
flora and fauna are through a tremendous change with
current modifications in technical advancements (Bag et al.,
2021). The necessity to recognize and use modern
manufacturing mechanisms has become urgent. The phrase
'Industry 4.0' refers to a smart mechanism in which smart
digital devices are networked and communicate with raw
materials, work-in-process items, finished goods, machines,
tools, techniques, automation, and robots (Chauhan et al.,
2021; Esmaeilian et al., 2020). According to (Giovanni &
Cariola, 2020), this industry is distinguished by its
adaptability, efficient resource utilization,andintegrationof
customers and business partners into the business process.
Industry 5.0 has proven its importance and necessity in
several fields of human endeavor in recent times.
Automation, machine learning, and deep learning are
essential drivers of numerous technological innovations
gaining traction in every area. Furthermore, the Japanese
have taken this ambition further by including Society 5.0 in
the 5th Science and Technology Basic Plan. It is a human-
centred civilization that combines economic growth with
social problem solving through a system that blends online
and physical space. The evolution of society has been
classified as a hunting society, an agricultural society, an
industrial society, an information society, anda super-smart
society (Gupta et al., 2021; Kumar & Dadhich, 2014).
Small and medium-sized firms (SMEs) are the backbone of
the economy in many nations since they generate jobs,
convert goods and services, and ultimately contribute
significantly to GDP (Dadhich, 2017a; Industry & What,
2016). The current industrial expansion has lasted many
decades, and we are now living in the age of Industry 5.0.
Germans first proposed the concept of Industry 5.0 in 2011
(see figure 1). (Giovanni & Cariola,2020)discoveredthatthe
first industrial revolution began in the latter half of the 18th
century. This reform was distinguished bytheautomationof
stranded machinery and the use of steampower.Thesecond
phase, which began in the early twentieth century, is
distinguished by group labor production based on electrical
energy. The third stage of the revolution began in the 1970s,
with the defining traits of scheduled production ashore in
new internet-related technology. Eventually, Industry 5.0
will include characteristics such as Cyber-Physical System
production, which is based on big data and knowledge
transformation (Dadhich, 2017b; Gupta et al., 2021). In the
recent past, Industry 5.0 has been associated withbasketsof
technologies and related patterns, such as real-time
manufacturing,IoT,augmentedreality,simulation,andsocial
product advancement (Kamble et al., 2018).
The current study fills the gaps by thoroughly reviewing
research publications from variousjournalsandconferences
on the issue of Industry 5.0, making it easier for enterprises
to prepare for the future. Organizational structure and
procedure strengthen the favorable association between
Industry 5.0 and IT adoption. Several studies have shown
that the expansion of sustainable corporate performance is
dependent on innovation, and Industry 5.0 is one of them.
Industry 5.0 elements are heavily influenced by modern
concepts such as big data, automation, virtual reality,theAI-
ML-DL, IoT and smart factories (Kannan, 2021).
International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056
Volume: 09 Issue: 05 | May 2022 www.irjet.net p-ISSN: 2395-0072
© 2022, IRJET | Impact Factor value: 7.529 | ISO 9001:2008 Certified Journal | Page 3710
Fig -1: Phases of Industry 5.0 (Kannan, 2021)
2. RESEARCH METHODOLOGY
The current study isa theoretical modal basedonsubstantial
investigation using only secondary sources of knowledge.
Journals, periodicals, annual reports, white papers, and
novels are among the sources. The primary methodology
employed in this essay is that of literary analysis.
3. RATIONALE OF THE STUDY
The economic ramifications of the epidemic are already
having an enormous impact on the world. It is too early to
predict how much worldwide economic damage Covid-19
will cause in the current setting. The momentum has begun
in social distance, quarantine, lockdown, and working from
home, but it will undoubtedly impede regular corporate
growth on a vast scale (Kiraz et al., 2020; Kumar Naresh,
Dadhich Manish, 2014). According to OECD estimates, the
lockout will directly impact industries accounting for up to
one-third of GDP in the main nations. Each month of
containment will result in a 2% drop in the annual Gross
Domestic Product. The tourism industry alone has seen a
massive drop, and many economies are sensing the looming
recession. This is unavoidable, and there is a need to
continue fighting the pandemic as international
organizations work to restore economic normalcyasquickly
as possible. 'Coming events cast their shadow before them'
appears to be true in the current global crises resultingfrom
this pandemic occurrence. Every business will experience a
severe breakdown, particularly retail and wholesale trade,
real estate services, automobiles, airlines, service sectors,
agriculture, and associated businesses(Chauhanetal.,2021;
da Silva Rabêlo & de Azevedo Melo, 2019; Dadhich et al.,
2020). As a result, an optimal solution must be found using
well-defined problems and their repercussions. It is also
important to consider the consequences of this epidemic by
using new techniques and means of Industry5.0todeal with
the global meltdown.
4. OBJECTIVES OF THE STUDY
The primary goal of this research is to investigate Industry
5.0 techniques to increase economic growth following a
pandemic. The research report also dives into analyzingand
summarizing readiness indices to reach a relevant
conclusion with an important guideline for thedevelopment
of further analyses, namely, how Industry 5.0 can alter the
economic game plan. This work also seeks to integrate the
available literature reviews on the topic andprovidethemin
a way that researchers and academics mayfocuson,develop
their expertise on the topic, and recommend opportunities
for future research.
5. MAJOR COMPONENTS OF INDUSTRY 5.0
The primary goal of this research is to investigate Industry
5.0 techniques to increase economic growth following a
pandemic. The research report also dives into analyzingand
summarizing readiness indices to reach a relevant
conclusion with an important guideline for thedevelopment
of further analyses, namely, how Industry 5.0 can alter the
economic game plan. This work also seeks to integrate the
available literature reviews on the topic andprovidethemin
a way that researchers and academics mayfocuson,develop
their expertise on the topic, and recommend opportunities
for future research.
5.1 Big Data
Big data is the data that is generated continually by
everything in the current context. Every digital operation
and social media interaction generates a massive amount of
data. These data are transmitted by systems, sensors, and
mobile devices over a cloud-based network infrastructure
(Naresh Kumar, 2016). Big data is pouring in from all
directions at breakneck speed, volume, and variety. To
extract real value from big data, adequate processing
capacity,analyticscapabilities,andinformationmanagement
skills are required.
5.2 Smart Factories
Smart manufacturing aims to optimize production and
product interactions by shifting from old methods to
digitized and autonomous systems. When manufacturing is
defined as the multi-phased process of making a product
from raw materials, smart manufacturing is the subset that
uses computer control and high levels of adaptability to do
so. It intends to use modern information and manufacturing
technologies to enable physical processflexibilitytofunction
in a highly dynamic and global market (Dadhichetal., 2019).
The purpose of a Smart Factory is to develop fully flexible
production at the fastest possible speed, which necessitates
International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056
Volume: 09 Issue: 05 | May 2022 www.irjet.net p-ISSN: 2395-0072
© 2022, IRJET | Impact Factor value: 7.529 | ISO 9001:2008 Certified Journal | Page 3711
a comprehensive transformation from traditional methods
to innovative technologies.
5.3 Cloud Computing
The cloud is utilized for various purposes, including remote
services, color management, and performance evaluation. It
has captured the attention of the information technology
community, and its influence in other business areas will
only rise. As technology advances, machines, data
management, and functionalitywill continuetomigratefrom
traditional ways to cloud-based solutions (Bortolini et al.,
2016; Dadhich, 2017a; Esmaeilian et al., 2020). The cloud
enables considerablyfasterthanstandalonesystemdelivery,
quick updates, up-to-date performance models, and other
delivery choices. The sector has experienced a significant
shift toward using cloud solutions, which will continue to
increase and challenge existing data storage methods.Cloud
technology is the most basic online storage service, offering
operational simplicity through web-based apps that do not
require installation (Industry & What, 2016). Cloud
computing lowers costs, decreases infrastructure
complexity, expands the work area, safeguards data, and
enables instant access to information. The system primarily
uses four types of clouds: public cloud, private cloud, hybrid
cloud, and community cloud (Dadhich et al., 2022).
5.4 Machine to machine (M2M) Communication
It refers to continuous communication between devices via
any channel, wired or wireless. Machine-to-machine
communication can include industrial instrumentation,
which allows a sensor to exchange data with application
software (Esmaeilian et al., 2020; Rakesh Kumar Birda &
Manish Dadhich, 2019). This type of communication was
performed by having a distributed network of equipment
transmit data back to an innermost hub for analysis, which
was then diverted to a personal computer. M2M is a
technology that enables businesses to establish wireless
connectivity between data centres and equipment.
5.5 Internet of things (IoT)
The network is made up of physical devices, vehicles, and
structures embedded with electronics, software, sensors,
actuators, and network connectivity, allowingtheseitems to
facilitate and transform data. It has four key layers:
Perception Layer, Network Layer, Support Layer, and
Application Layer (Chaâri et al., 2016; Dadhich et al., 2021).
IoT and Industry 5.0 are concepts that are closely related.
More effective working environmentsaregeneratedbecause
IoT-enabled manufacturingsystemsarelinkedto web-based
technologies. This also encourages majorstandardstoplaya
role in creating new optimizations and tactics.
Manufacturing systems based on IoT produce quicker,more
optimistic, and faster decisions than those of competitors.
5.6 Autonomous Robots
They are utilized to automate production procedures in
various industries and are powered by the concept of the
Internet of Things. This allows gadgets and computers to
communicate with one another. The autonomous mobile
machine can transfer resources across the production floor
while avoiding obstacles, sharing with fleet mates, and
identifying pickups and drop-offs in real-time (Kannan,
2021). Robot actions can be coordinated and automated by
connecting to a central server or database, distinguishing it
from the human interface. They can complete jobs quickly
and intelligently with little human intervention (Kiraz et al.,
2020).
5.7 Augmented Reality and Simulation
AR is a type of reality in which live direct or indirect views of
actual real-world environments are augmented with
computer-generated pictures. This technology underpins
Industry 5.0 applications. The actual operations and
simulation industries collaborated to create this new
technology, which is critical to the industrial civilization.
These strategies are extremely useful, particularly for
designing products and manufacturing systems.Augmented
reality is one of the cutting-edgetechnologiesincludedin the
Industry 5.0 movement, particularly in developing smart
manufacturing functions. There have been some AR
applications, primarily in the following fields.
5.8 Cyber-physical systems (CPS)
Integrating digital and physical processes is a critical
component of Industry 5.0 implementations. They include
imaging and control capabilities in appropriatesystems. The
ability of these systems to respond to any feedback
generated is critical. They provide fast control and
verification of process feedback toproducepredicted results
(Gupta et al., 2021). In general, a typical CPS in
manufacturing may fulfil the following duties.
• Process control.
• Useful in various disciplines, contributing to developing a
large-scale system.
• Integrating several disciplines in various fields.
• Dealing with effective reliability.
5.9 Intelligent robotics
Robots can now execute any work, navigate any terrain, and
make decisions in the face of uncertainty. Recent
advancements have resulted in strategies that allow robots
to manage their surroundings. Artificial intelligence will
contribute to the advancement of robot teams working and
collaborating to complete certain tasks assigned for a
International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056
Volume: 09 Issue: 05 | May 2022 www.irjet.net p-ISSN: 2395-0072
© 2022, IRJET | Impact Factor value: 7.529 | ISO 9001:2008 Certified Journal | Page 3712
specific destination. Some research is being conducted to
promote robots, which can be useful in assisting with
effective digital transformation (Kamble et al., 2018).
Industry 5.0 is predictedtoprovidenumerousbenefits,some
of which are as follows:
• Increased ability to innovate.
• Simple system multifunction diagnostic monitoring.
• High productivity using ecologically friendly products.
• Increased flexibility at a lower cost.
• Accelerated product development with new business and
service models.
• Decision making that is unbiased, real-time, and
knowledge-based.
• National involvement in contributing to the economy.
6. STEPS TO MAKE INDIA A LEADING
MANUFACTURING HUB
India is on the verge of massive reforms and is on track to
become the world's third-largest economy by 2030. With a
tech-savvy and educated population, skilled workforce, a
strong legal and intellectual property environment, and a
strong commitment to controlled liberalization, India is a
location that global investors cannot afford to neglect. From
initial industrialization and the license system to
liberalization and the current phase of global
competitiveness, India's manufacturing segment has gone
through various stages. Today, Indian manufacturing
enterprises in various areas are expanding into global
markets and becoming formidable global competitors
(Sharma & Dadhich, 2014). Many are already among the
most competitive in their respective industries. When it
comes to the automobile sector, the equipment makers, the
government, and the customer all play important roles in
defining the industry. The following are a few opportunities
for India in the Fourth Industrial Revolution:
6.1 Manufacturing Sector
The manufacturing sector comprises all areas of production
and human resource management. The revolution focuses
primarily on productivity, producing with high accuracy
using advanced machinery, and reducing production
damage, time consumption, and human labor to a larger
extent. Manufacturing processes are given priority in India
due to their greater contribution to GDP (Manish Dadhich,
Manvinder Singh Pahwa, Vipin Jain, 2021).
6.2 Health-Medical Sector
In today's world, the medical profession is equipped with
cutting-edge technology that is utilized to treat a wide range
of life-threatening ailments. Damaged tissue, for example,
can be replicated using nanotechnology (Costa & Peixoto,
2020). Artificial Stimulated Cells, 3D printed Artificial
Organs, Smart Inhalers, Precision Medicines, Health
Wearables, and other recent medical advances include
Robotic Surgeries, Wireless Brain Sensors, and more.
6.3 Transportation Sector
In emerging countries such as India, transportationispoorly
structured and unsafe. There is a significant possibility of
improving the transportation system using Al and IoT, such
as optimal traffic, where the AI analyses traffic patterns to
optimize and design routes based on peak traffic hours,
maintenance, and constructions (Dadhichetal.,2020).Using
self-driving cars to avoid accidents and the use of Al and IoT
can contribute to cost savings while encouraging greater
safety and a better customer experience (Singh, 2021).
6.4 Agriculture
Agriculture is regarded as the backbone of the Indian
economy. However, the agriculture sector is given the least
emphasis in the current context due to a lack of sufficient
understanding and advice about adopting Industry 5.0
methods. As a result, the incorporation of technologyhasled
to a limited area of agriculture. Already, automated
equipment is being employed in agriculture, saving both
time and labor (Rakesh Kumar Birda & Manish Dadhich,
2019). Scientists and industry experts are developing and
putting technical measures in place in the agri-sector.
7. CONCERNS FOR INDUSTRY 5.0
• Humans are expected to contribute high-value tasks to
manufacturing policies in the next industrial revolution.
Standardization and legalization will aidinthepreventionof
major problems between technology, society, and
enterprises.
• Senior members of society and stakeholders will find
adjusting to the newindustrial revolutionconsiderablymore
difficult.
• Rapid and extremely efficient manufacturing may result in
overproduction.
Transparency in implementation should also be considered.
• We must investigate how ethical standardscanbeincluded
in autonomous systems.
• In autonomous systems, there should be explainable
ethical behavior solutions.
• Ethical behavior in autonomous systems must be verified
and validated.
• Critical skill gaps in future managementandexecutivejobs,
such as CROs, must be addressed.
International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056
Volume: 09 Issue: 05 | May 2022 www.irjet.net p-ISSN: 2395-0072
© 2022, IRJET | Impact Factor value: 7.529 | ISO 9001:2008 Certified Journal | Page 3713
8. CONCLUSION
Industry 5.0 is currently a new concept that depicts an
evolution of a new set of systems, bringing together digital,
biological, and physical technology in a fresh and powerful
blend. These new systems are being created on the digital
revolution's architecture. Governments will simultaneously
acquire new technological capabilities to expand their
control over populations based on pervasive surveillance
systems and the ability to manipulate digital infrastructure.
Many parallels and differences exist across the
methodologies provided and studied in the Industry 5.0
readiness evaluation study. They share the use of relatively
simple clustering approaches based on the stand-by index
and production share. The discrepancies are in the
indicators used and the evaluation methodologies used.The
collected results and analysis of the concealed, not obvious
information are of significant help to stakeholders in
developing plans and policies to increase the readiness
index. Their in-depth comparison and analysis will highlight
the merits and shortcomings of each option under
consideration. India is rising to new heights, with the
greatest development in technical elements and a stronger
position in practically every area. The preceding review
provides insight into Industry 5.0 implementation and
generates credible road maps to meet future difficulties,
such as Covid-19 or other ad hoc measures. Industry 5.0 is a
collaboration between man and machine that may continue
to grow in all industries while allowing for more creativity
for a better society.
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© 2022, IRJET | Impact Factor value: 7.529 | ISO 9001:2008 Certified Journal | Page 3714
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Industry 5.0 Revolution towards an Imminent Future Driven Society

  • 1. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 09 Issue: 05 | May 2022 www.irjet.net p-ISSN: 2395-0072 © 2022, IRJET | Impact Factor value: 7.529 | ISO 9001:2008 Certified Journal | Page 3709 Industry 5.0 Revolution towards an Imminent Future Driven Society Rakesh Kumar Birda1 Manish Dadhich2 1 Assistant Professor, S J College, Jaipur 2 Assistant Professor, Sir Padampat Singhania University, Udaipur ---------------------------------------------------------------------***--------------------------------------------------------------------- Abstract - The Industry 5.0 system is analogous to a system in which machines provide services and communicate information with products in real-time. It offers numerous capabilities that aid in any system's automation, monitoring, and diagnostics. It is a process for transitioning from dominating machine productiontodigitalmanufacturing. The Industry 5.0 standard must be thoroughly understood to achieve a successful transformation, and a detailed road map must be developed and implemented. Several approaches and conversations are now underway to produce roadmaps, some of which are discussed in this paper. Evaluating Industry 5.0 components and features is critical for defining the fundamental pillars of a concrete future manufacturing environment as well as a specific ranking position in India. This study aims to describe, examine, andcomparesomeofthe most promising existing methodologies for calculating national Industry 5.0 readiness. Key Words: Augmented reality and simulation, IoT, CII, Cloud Computing, GCI. 1. INTRODUCTION Every moment in the world is changing so quickly due to human activity. The entire manufacturing and production flora and fauna are through a tremendous change with current modifications in technical advancements (Bag et al., 2021). The necessity to recognize and use modern manufacturing mechanisms has become urgent. The phrase 'Industry 4.0' refers to a smart mechanism in which smart digital devices are networked and communicate with raw materials, work-in-process items, finished goods, machines, tools, techniques, automation, and robots (Chauhan et al., 2021; Esmaeilian et al., 2020). According to (Giovanni & Cariola, 2020), this industry is distinguished by its adaptability, efficient resource utilization,andintegrationof customers and business partners into the business process. Industry 5.0 has proven its importance and necessity in several fields of human endeavor in recent times. Automation, machine learning, and deep learning are essential drivers of numerous technological innovations gaining traction in every area. Furthermore, the Japanese have taken this ambition further by including Society 5.0 in the 5th Science and Technology Basic Plan. It is a human- centred civilization that combines economic growth with social problem solving through a system that blends online and physical space. The evolution of society has been classified as a hunting society, an agricultural society, an industrial society, an information society, anda super-smart society (Gupta et al., 2021; Kumar & Dadhich, 2014). Small and medium-sized firms (SMEs) are the backbone of the economy in many nations since they generate jobs, convert goods and services, and ultimately contribute significantly to GDP (Dadhich, 2017a; Industry & What, 2016). The current industrial expansion has lasted many decades, and we are now living in the age of Industry 5.0. Germans first proposed the concept of Industry 5.0 in 2011 (see figure 1). (Giovanni & Cariola,2020)discoveredthatthe first industrial revolution began in the latter half of the 18th century. This reform was distinguished bytheautomationof stranded machinery and the use of steampower.Thesecond phase, which began in the early twentieth century, is distinguished by group labor production based on electrical energy. The third stage of the revolution began in the 1970s, with the defining traits of scheduled production ashore in new internet-related technology. Eventually, Industry 5.0 will include characteristics such as Cyber-Physical System production, which is based on big data and knowledge transformation (Dadhich, 2017b; Gupta et al., 2021). In the recent past, Industry 5.0 has been associated withbasketsof technologies and related patterns, such as real-time manufacturing,IoT,augmentedreality,simulation,andsocial product advancement (Kamble et al., 2018). The current study fills the gaps by thoroughly reviewing research publications from variousjournalsandconferences on the issue of Industry 5.0, making it easier for enterprises to prepare for the future. Organizational structure and procedure strengthen the favorable association between Industry 5.0 and IT adoption. Several studies have shown that the expansion of sustainable corporate performance is dependent on innovation, and Industry 5.0 is one of them. Industry 5.0 elements are heavily influenced by modern concepts such as big data, automation, virtual reality,theAI- ML-DL, IoT and smart factories (Kannan, 2021).
  • 2. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 09 Issue: 05 | May 2022 www.irjet.net p-ISSN: 2395-0072 © 2022, IRJET | Impact Factor value: 7.529 | ISO 9001:2008 Certified Journal | Page 3710 Fig -1: Phases of Industry 5.0 (Kannan, 2021) 2. RESEARCH METHODOLOGY The current study isa theoretical modal basedonsubstantial investigation using only secondary sources of knowledge. Journals, periodicals, annual reports, white papers, and novels are among the sources. The primary methodology employed in this essay is that of literary analysis. 3. RATIONALE OF THE STUDY The economic ramifications of the epidemic are already having an enormous impact on the world. It is too early to predict how much worldwide economic damage Covid-19 will cause in the current setting. The momentum has begun in social distance, quarantine, lockdown, and working from home, but it will undoubtedly impede regular corporate growth on a vast scale (Kiraz et al., 2020; Kumar Naresh, Dadhich Manish, 2014). According to OECD estimates, the lockout will directly impact industries accounting for up to one-third of GDP in the main nations. Each month of containment will result in a 2% drop in the annual Gross Domestic Product. The tourism industry alone has seen a massive drop, and many economies are sensing the looming recession. This is unavoidable, and there is a need to continue fighting the pandemic as international organizations work to restore economic normalcyasquickly as possible. 'Coming events cast their shadow before them' appears to be true in the current global crises resultingfrom this pandemic occurrence. Every business will experience a severe breakdown, particularly retail and wholesale trade, real estate services, automobiles, airlines, service sectors, agriculture, and associated businesses(Chauhanetal.,2021; da Silva Rabêlo & de Azevedo Melo, 2019; Dadhich et al., 2020). As a result, an optimal solution must be found using well-defined problems and their repercussions. It is also important to consider the consequences of this epidemic by using new techniques and means of Industry5.0todeal with the global meltdown. 4. OBJECTIVES OF THE STUDY The primary goal of this research is to investigate Industry 5.0 techniques to increase economic growth following a pandemic. The research report also dives into analyzingand summarizing readiness indices to reach a relevant conclusion with an important guideline for thedevelopment of further analyses, namely, how Industry 5.0 can alter the economic game plan. This work also seeks to integrate the available literature reviews on the topic andprovidethemin a way that researchers and academics mayfocuson,develop their expertise on the topic, and recommend opportunities for future research. 5. MAJOR COMPONENTS OF INDUSTRY 5.0 The primary goal of this research is to investigate Industry 5.0 techniques to increase economic growth following a pandemic. The research report also dives into analyzingand summarizing readiness indices to reach a relevant conclusion with an important guideline for thedevelopment of further analyses, namely, how Industry 5.0 can alter the economic game plan. This work also seeks to integrate the available literature reviews on the topic andprovidethemin a way that researchers and academics mayfocuson,develop their expertise on the topic, and recommend opportunities for future research. 5.1 Big Data Big data is the data that is generated continually by everything in the current context. Every digital operation and social media interaction generates a massive amount of data. These data are transmitted by systems, sensors, and mobile devices over a cloud-based network infrastructure (Naresh Kumar, 2016). Big data is pouring in from all directions at breakneck speed, volume, and variety. To extract real value from big data, adequate processing capacity,analyticscapabilities,andinformationmanagement skills are required. 5.2 Smart Factories Smart manufacturing aims to optimize production and product interactions by shifting from old methods to digitized and autonomous systems. When manufacturing is defined as the multi-phased process of making a product from raw materials, smart manufacturing is the subset that uses computer control and high levels of adaptability to do so. It intends to use modern information and manufacturing technologies to enable physical processflexibilitytofunction in a highly dynamic and global market (Dadhichetal., 2019). The purpose of a Smart Factory is to develop fully flexible production at the fastest possible speed, which necessitates
  • 3. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 09 Issue: 05 | May 2022 www.irjet.net p-ISSN: 2395-0072 © 2022, IRJET | Impact Factor value: 7.529 | ISO 9001:2008 Certified Journal | Page 3711 a comprehensive transformation from traditional methods to innovative technologies. 5.3 Cloud Computing The cloud is utilized for various purposes, including remote services, color management, and performance evaluation. It has captured the attention of the information technology community, and its influence in other business areas will only rise. As technology advances, machines, data management, and functionalitywill continuetomigratefrom traditional ways to cloud-based solutions (Bortolini et al., 2016; Dadhich, 2017a; Esmaeilian et al., 2020). The cloud enables considerablyfasterthanstandalonesystemdelivery, quick updates, up-to-date performance models, and other delivery choices. The sector has experienced a significant shift toward using cloud solutions, which will continue to increase and challenge existing data storage methods.Cloud technology is the most basic online storage service, offering operational simplicity through web-based apps that do not require installation (Industry & What, 2016). Cloud computing lowers costs, decreases infrastructure complexity, expands the work area, safeguards data, and enables instant access to information. The system primarily uses four types of clouds: public cloud, private cloud, hybrid cloud, and community cloud (Dadhich et al., 2022). 5.4 Machine to machine (M2M) Communication It refers to continuous communication between devices via any channel, wired or wireless. Machine-to-machine communication can include industrial instrumentation, which allows a sensor to exchange data with application software (Esmaeilian et al., 2020; Rakesh Kumar Birda & Manish Dadhich, 2019). This type of communication was performed by having a distributed network of equipment transmit data back to an innermost hub for analysis, which was then diverted to a personal computer. M2M is a technology that enables businesses to establish wireless connectivity between data centres and equipment. 5.5 Internet of things (IoT) The network is made up of physical devices, vehicles, and structures embedded with electronics, software, sensors, actuators, and network connectivity, allowingtheseitems to facilitate and transform data. It has four key layers: Perception Layer, Network Layer, Support Layer, and Application Layer (Chaâri et al., 2016; Dadhich et al., 2021). IoT and Industry 5.0 are concepts that are closely related. More effective working environmentsaregeneratedbecause IoT-enabled manufacturingsystemsarelinkedto web-based technologies. This also encourages majorstandardstoplaya role in creating new optimizations and tactics. Manufacturing systems based on IoT produce quicker,more optimistic, and faster decisions than those of competitors. 5.6 Autonomous Robots They are utilized to automate production procedures in various industries and are powered by the concept of the Internet of Things. This allows gadgets and computers to communicate with one another. The autonomous mobile machine can transfer resources across the production floor while avoiding obstacles, sharing with fleet mates, and identifying pickups and drop-offs in real-time (Kannan, 2021). Robot actions can be coordinated and automated by connecting to a central server or database, distinguishing it from the human interface. They can complete jobs quickly and intelligently with little human intervention (Kiraz et al., 2020). 5.7 Augmented Reality and Simulation AR is a type of reality in which live direct or indirect views of actual real-world environments are augmented with computer-generated pictures. This technology underpins Industry 5.0 applications. The actual operations and simulation industries collaborated to create this new technology, which is critical to the industrial civilization. These strategies are extremely useful, particularly for designing products and manufacturing systems.Augmented reality is one of the cutting-edgetechnologiesincludedin the Industry 5.0 movement, particularly in developing smart manufacturing functions. There have been some AR applications, primarily in the following fields. 5.8 Cyber-physical systems (CPS) Integrating digital and physical processes is a critical component of Industry 5.0 implementations. They include imaging and control capabilities in appropriatesystems. The ability of these systems to respond to any feedback generated is critical. They provide fast control and verification of process feedback toproducepredicted results (Gupta et al., 2021). In general, a typical CPS in manufacturing may fulfil the following duties. • Process control. • Useful in various disciplines, contributing to developing a large-scale system. • Integrating several disciplines in various fields. • Dealing with effective reliability. 5.9 Intelligent robotics Robots can now execute any work, navigate any terrain, and make decisions in the face of uncertainty. Recent advancements have resulted in strategies that allow robots to manage their surroundings. Artificial intelligence will contribute to the advancement of robot teams working and collaborating to complete certain tasks assigned for a
  • 4. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 09 Issue: 05 | May 2022 www.irjet.net p-ISSN: 2395-0072 © 2022, IRJET | Impact Factor value: 7.529 | ISO 9001:2008 Certified Journal | Page 3712 specific destination. Some research is being conducted to promote robots, which can be useful in assisting with effective digital transformation (Kamble et al., 2018). Industry 5.0 is predictedtoprovidenumerousbenefits,some of which are as follows: • Increased ability to innovate. • Simple system multifunction diagnostic monitoring. • High productivity using ecologically friendly products. • Increased flexibility at a lower cost. • Accelerated product development with new business and service models. • Decision making that is unbiased, real-time, and knowledge-based. • National involvement in contributing to the economy. 6. STEPS TO MAKE INDIA A LEADING MANUFACTURING HUB India is on the verge of massive reforms and is on track to become the world's third-largest economy by 2030. With a tech-savvy and educated population, skilled workforce, a strong legal and intellectual property environment, and a strong commitment to controlled liberalization, India is a location that global investors cannot afford to neglect. From initial industrialization and the license system to liberalization and the current phase of global competitiveness, India's manufacturing segment has gone through various stages. Today, Indian manufacturing enterprises in various areas are expanding into global markets and becoming formidable global competitors (Sharma & Dadhich, 2014). Many are already among the most competitive in their respective industries. When it comes to the automobile sector, the equipment makers, the government, and the customer all play important roles in defining the industry. The following are a few opportunities for India in the Fourth Industrial Revolution: 6.1 Manufacturing Sector The manufacturing sector comprises all areas of production and human resource management. The revolution focuses primarily on productivity, producing with high accuracy using advanced machinery, and reducing production damage, time consumption, and human labor to a larger extent. Manufacturing processes are given priority in India due to their greater contribution to GDP (Manish Dadhich, Manvinder Singh Pahwa, Vipin Jain, 2021). 6.2 Health-Medical Sector In today's world, the medical profession is equipped with cutting-edge technology that is utilized to treat a wide range of life-threatening ailments. Damaged tissue, for example, can be replicated using nanotechnology (Costa & Peixoto, 2020). Artificial Stimulated Cells, 3D printed Artificial Organs, Smart Inhalers, Precision Medicines, Health Wearables, and other recent medical advances include Robotic Surgeries, Wireless Brain Sensors, and more. 6.3 Transportation Sector In emerging countries such as India, transportationispoorly structured and unsafe. There is a significant possibility of improving the transportation system using Al and IoT, such as optimal traffic, where the AI analyses traffic patterns to optimize and design routes based on peak traffic hours, maintenance, and constructions (Dadhichetal.,2020).Using self-driving cars to avoid accidents and the use of Al and IoT can contribute to cost savings while encouraging greater safety and a better customer experience (Singh, 2021). 6.4 Agriculture Agriculture is regarded as the backbone of the Indian economy. However, the agriculture sector is given the least emphasis in the current context due to a lack of sufficient understanding and advice about adopting Industry 5.0 methods. As a result, the incorporation of technologyhasled to a limited area of agriculture. Already, automated equipment is being employed in agriculture, saving both time and labor (Rakesh Kumar Birda & Manish Dadhich, 2019). Scientists and industry experts are developing and putting technical measures in place in the agri-sector. 7. CONCERNS FOR INDUSTRY 5.0 • Humans are expected to contribute high-value tasks to manufacturing policies in the next industrial revolution. Standardization and legalization will aidinthepreventionof major problems between technology, society, and enterprises. • Senior members of society and stakeholders will find adjusting to the newindustrial revolutionconsiderablymore difficult. • Rapid and extremely efficient manufacturing may result in overproduction. Transparency in implementation should also be considered. • We must investigate how ethical standardscanbeincluded in autonomous systems. • In autonomous systems, there should be explainable ethical behavior solutions. • Ethical behavior in autonomous systems must be verified and validated. • Critical skill gaps in future managementandexecutivejobs, such as CROs, must be addressed.
  • 5. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 09 Issue: 05 | May 2022 www.irjet.net p-ISSN: 2395-0072 © 2022, IRJET | Impact Factor value: 7.529 | ISO 9001:2008 Certified Journal | Page 3713 8. CONCLUSION Industry 5.0 is currently a new concept that depicts an evolution of a new set of systems, bringing together digital, biological, and physical technology in a fresh and powerful blend. These new systems are being created on the digital revolution's architecture. Governments will simultaneously acquire new technological capabilities to expand their control over populations based on pervasive surveillance systems and the ability to manipulate digital infrastructure. Many parallels and differences exist across the methodologies provided and studied in the Industry 5.0 readiness evaluation study. They share the use of relatively simple clustering approaches based on the stand-by index and production share. The discrepancies are in the indicators used and the evaluation methodologies used.The collected results and analysis of the concealed, not obvious information are of significant help to stakeholders in developing plans and policies to increase the readiness index. Their in-depth comparison and analysis will highlight the merits and shortcomings of each option under consideration. India is rising to new heights, with the greatest development in technical elements and a stronger position in practically every area. The preceding review provides insight into Industry 5.0 implementation and generates credible road maps to meet future difficulties, such as Covid-19 or other ad hoc measures. Industry 5.0 is a collaboration between man and machine that may continue to grow in all industries while allowing for more creativity for a better society. REFERENCES [1] Bag, S., Yadav, G., Dhamija, P., & Kumar, K. (2021). 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