Industry 4.0 to bring year of opportunities
The outlook on global growth for 2022 is poised to move in either direction. The good thing is that despite divergent commentary on the global outlook from different sources, the balance of risk is mostly tilted on the lower side.
The global recovery is continuing but its momentum has eased, and it is becoming unbalanced. The outbreak of the new variant of Covid-19 in advanced economies has clouded the growth outlook. Failure to ensure rapid and effective vaccination is proving costly, with uncertainty high due to new variants of the virus. Exposed by Omicron, further restrictions in movement would limit recovery.
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https://economictimes.indiatimes.com/news/company/corporate-trends/industry-4-0-to-bring-year-of-opportunities/articleshow/88652582.cms