Survey: Thailand’s industrial readiness lagging

Thailand’s industrial readiness score is 2.8 out of 6, according to a new survey, while the ultimate goal is to accelerate the rate to 4 or higher.

The first survey report on Thailand’s Industry 4.0 readiness in 2023 has been unveiled by The Sustainable Manufacturing Centre (SMC) in order to inform entrepreneurs about their current status and indicate how far they are from the industry average or leaders.

The report serves as a basis for improvement recommendations in order to create value for investment, according to the Centre.

The assessment included key industries such as automotive, food and beverage, electricity, and electronics. The analysis was differentiated by business size, with small enterprises having an industrial readiness score average of 2.38, while medium-sized enterprises had a 2.45 score, and large enterprises 3.07.

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The Nation Reporter