This document is an MBA thesis authored by Deepak Shivdutt Kandpal, focusing on the impact of the Internet of Things (IoT) and Industrial IoT on industrial automation and sustainable practices. It explores how IoT technologies can enhance supply chain efficiency while addressing organizational challenges and opportunities for investment, interoperability, and development. The thesis includes extensive research methodologies, findings from interviews with industry professionals, and presents a business plan for implementing IoT strategies in industrial contexts.