1Department of Commerce, PSG College of Arts & Science, Coimbatore, Tamil Nadu, India
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Examining an industry’s technological upgradation is unexpected and unavoidable. The subsequent technical innovation is driven by the expectations and wants of the consumer for each product. History shows that switching from one technology revolution to another usually takes longer than the current trend. The industrial sector is currently faced with several risks, and it will take some time for management and staff to become used to new technology. This article presents the characteristics of both Industrial 4.O and Industrial 5.O and sustainability by using secondary data from various sources like journals, website, etc. The world has framed Sustainable Development Goals to know their pathway toward the sustainability of all living organisms and monitor their activities which will boost the countries to travel on a sustainable path and this article provides the keynotes about the goals. This article concludes that innovation in any domain should consider sustainability as the main theme.
Sustainability, economic growth, industry evolution, upgradation of technology
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