Industry 4.0 and Developing Countries: Innovation Perspective of Ethiopia, India and Bangladesh

Ethiopia, India and Bangladesh are raising economic power, but have not yet integrated very much withthe global economy and still have not achieved their potential in context of technology, globalization, andinternational competitiveness like developed countries. These countries have much strength, but at the sametime , are facing many challenges in the increasingly competitive and fast changing global economy.The main key strengths of these courtiers are their large domestic market, young and growing population, astrong private sector with experience in market institutions, and a well developed legal and financial system.In today’s environment of global competition, technological development and innovation; companies,especially manufacturing, are forced to reconfigure their manufacturing and management processes.Industry 4.0 and intelligent manufacturing are part of a transformation, in which manufacturing andinformation technologies have been integrated to create innovative systems of manufacturing, managementand ways of doing business. This system allows optimizing manufacturing, to achieve greater flexibility,efficient production processes and generate a value added proposal for their customers, as well as to providea timely response to their market needs.The objective of this work is to explore the Industry 4.0, smart manufacturing, environment requirementand relation of innovation in perspective of developing countries.