Recent Developments on Smart Manufacturing

In the current setup, industries are doing many innovations and coming out with many new and innovative products. Industrial revolution is a driving force for innovations as it provides intelligent technologies that helps in new product development. In the current fourth industrial revolution, industries are becoming smart by adopting digital technologies. the prime focus on adopting digital technologies is to achieve sustainable benefits. Intelligent technologies namely machine learning, big data analytics, additive manufacturing and internet of things help in effective resource utilization and minimizing waste thereby achieving sustainability in manufacturing. In this regard, this chapter aims to highlight the importance of smart manufacturing by identifying various technologies adopted in industries to become smart. Various challenges faced by industries in adopting digital technologies were also highlighted in the study. The present chapter will help research practitioners, and industrial experts to achieve sustainability through adoption of digital technologies in industries and making them smart industries.