Background: Industry 4.0 is the revolution of industrial process along with the adaptation of technological changes and advancement. With the passage of time industry 4.0 has been catching the attention of industries all over the world. Various studies and literatures seem to be emerging regarding industry 4.0 around the globe. However, in Nepalese context no study has been conducted on the particular field. Objective:This study aims to study the current status of industries in Kathmandu valley and analyzes the factors affecting industrial readiness for industry 4.0 amidst the effects of the pandemic. It tries to review the industrial readiness for industry 4.0 in Nepal. Methods: Systematic literature review was conducted to analyze various literatures around the world along with 20 empirical reviews to make this study more efficient. Also, conceptual framework was developed to draw roadmap of the study. Results: We found that Nepal has got many problems in adoption of the concept of Industry 4.0. Our study noticed that along with the involvement of much unskilled labor force in industries, lack of infrastructural development and innovation, and ineffective government policy are the vital ones. Conclusion and implication: This study concludes that Nepal has huge unskilled workers relatively to skilled workers that are means for adaptation of new technologies, replacing manual work and the government from policy level needs to focus on this. This study will be beneficiary for Ministry of Information and technology, Ministry of industry, Ministry of Education, Health and science, Policy makers, Foreign as well as domestic investors, and for authors and graduating students in understanding industries readiness for 4.0 in Nepal.
Small business enterprises are widely recognized as a driving force of economic growth and development in any nation. Empirical evidence has shown that they contribute to job creation, help to alleviate poverty, and increase a nation’s level of productivity. In the exponential increase of small businesses, the role of the financial sector is crucial. This paper aims to identify the role of formal financial support in small business employment generation in Bouddhanath, Kathmandu. The study adopted a descriptive research design. Purposive sampling was used to select 285 business owners. A structured questionnaire was designed to collect their responses. Primary and secondary data was employed to analyze user status. Data analysis was performed with the help of descriptive analysis and a financial support index. The results showed that financial support plays a critical role in the enhancement of the small business sector, allowing businesses to create employment opportunities which further helps to maintain the Nepalese economy. The major challenges to the growth of small businesses in Nepal lie in securing initial funding and overreliance on credit. In addition, the ability to afford quality staff has an equally strong effect on the success of small businesses. Business growth clearly depends on the role of the formal financial sector to achieve the desired outcomes.
This chapter aims to analyze the practice of green supply chain management and organization performance in manufacturing industries of Kathmandu valley. This study uses descriptive research design. Two hundred and seven manufacturing industries in three industrial estates (Balaju, Bhaktapur, and Patan) of Kathmandu valley were taken as a sample for the study whereas all 245 operating industries were the population of the study. The findings revealed that 33.3% of industries are highly practicing green supply management chain whereas 23.7% and 19.6% are practicing it moderately and less, respectively. It was found that industries of all scale—large, medium, and low—are equally practicing green supply management chain to a greater extent. Thus, the study concludes that manufacturing industries ought to consider the systemic interaction between the internal and external facets of the application of the GSCM and to ensure that their respective operations are integrated in order to achieve improved environmental and organizational efficiency and consequently to achieve economic benefits.
Industry 4.0 is buzzword in recent years and has become a topic of growing importance. It is a new technical framework that has been widely debated and studied and is likely to eventually constitute a fourth industrial revolution because it provides significant progress relevant to intelligent and potential industries in the market. As Nepal has introduced open policies for improving trade conditions in the mid-1980s, industries have to be competitive and capable enough to sustain themselves in such open policies. Such, dependencies can be minimize, and could only be possible, through the increasing the competitiveness of Nepalese industries with the help of use of new technologies. In such context, Nepalese industrial readiness for industry 4.0 is important topic to discuss. This study aims to identify the obstacles of implementing industry 4.0 in Nepalese Industries lies within 3 industrial estates of Kathmandu Valley i.e. Balaju, Patan and Bhaktapur industrial estates. Data has collected data from all 287 running industry from all three industrial estates with the help of questionnaire through respondent interview using KoBo Collect Toolbox. Our study finds that half of the industries (49%) face hurdles while adopting new technologies. Among them, the major hurdles are lack of infrastructure, lack of skilled manpower, lack of capital, poor implementation of policies. Among two third of the respondents think obstacles in implementing industry 4.0 is manageable. Political support, improvement in implementation mechanism and long term strategy are key factors that support industries to invest in new innovative technologies.
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