Prospects and current scenario of industry 4.0 in Bangladeshi textile and apparel industry.

This study aims to explore the scopes and challenges, rank the challenges, and provide strategic solutions for adopting Industry Revolution 4.0 (IR 4.0) in Bangladesh's textile and apparel industry. A random survey was administered to a total of 142 factories in Bangladesh. Both quantitative and qualitative methods of analysis were used in this study. The survey includes questions on important study variables, such as big data, smart factories, cyber-physical systems (CPS), the Internet of Things (IoT), interoperability, textile production, and industry performance. The Variable Destination Multiple Access (VDMA) Model has been adopted to design the questionnaire, focusing on qualitative and quantitative questions. The survey dataset was investigated through SmartPLS 4.0 by normality and confirmatory tests. Likert scale data have been analyzed through IBM SPSS software version 26.0 by the exploratory factor analysis method to rank the IR 4.0 adoption variables. Analysis of the survey data indicates the level of adoption of Industry 4.0 in terms of organizational strategy, investment, infrastructure, IT (Information Technology), Ready Made Garments (RMG) skilled workers, smart operations, and smart factories. The study shows that the variable "Review of the strategy using indicators" got the highest ranking in the external factor, 0.791. This clearly indicates that strategy formulation is the topmost priority among other IR 4.0 adoption variables. Consequently, "digital integration" got the lowest loading at 0.620, as IR 4.0 digital technology adoption is very low. The overall maturity level for IR 4.0 adoption in the Bangladesh textile and apparel industry is 1.91 on a 5-point scale, indicating a low adoption level. This study can help concerned policymakers and industrialists who want to implement Industry 4.0 in the textile and RMG sectors to stay competitive in the global market. Alongside this study, it also summarizes the IR 4.0 adoption level in 9 broad categories.