Presently, digitalization is causing continuous transformation of industrial processes. However, it does pose challenges like spatially contextualizing data from industrial processes. There are various methods for calculating and delivering real-time location data. Indoor positioning systems (IPS) are one such method, used to locate objects and people within buildings. They have the potential to improve digital industrial processes, but they are currently underutilized. In addition, augmented reality (AR) is a critical technology in today’s digital industrial transformation. This article aims to investigate the use of IPS and AR in manufacturing, the methodologies and technologies employed, the issues and limitations encountered, and identify future research opportunities. This study concludes that, while there have been many studies on IPS and navigation AR, there has been a dearth of research efforts in combining the two. Furthermore, because controlled environments may not expose users to the practical issues they may face, more research in a real-world manufacturing environment is required to produce more reliable and sustainable results.

With the increasing demand of customisation and high-quality products, it is necessary for

the industries to digitize the processes. Introduction of computers and Internet of things

(IoT) devices, the processes are getting evolved and real time monitoring is got easier.

With better monitoring of the processes, accurate results are being produced and accurate

losses are being identified which in turn helps increasing the productivity. This introduction

of computers and interaction as machines and computers is the latest industrial revolution

known as Industry 4.0, where the organisation has the total control over the entire value chain

of the life cycle of products. But it still remains a mere idea but an achievable one where IoT,

big data, smart manufacturing and cloud-based manufacturing plays an important role. The

difference between 3rd industrial revolution and 4th industrial revolution is that, Industry

4.0 also integrates human in the manufacturing process. The paper discusses about the

different ways to implement the concept and the tools to be used to do the same.

Low cost manufacturing of quality products remains an essential part of present economy

and technological advances made it possible. Advances and amalgamation of information

technology bring the production systems at newer level. Industry 4.0, factory for future,

smart factory, digital manufacturing, and industrial automation are the new buzz words of

industry stalwarts and academicians. These new technological revolutions bound to change

not only the complete manufacturing scenarios but many other sectors of the society. In this

paper an attempt has been made to capture the essence of Industry 4.0 by redefining it in

simple words, further its complex, disruptive nature and inevitability along with technologies

backing it has been discussed. Its enabling role in manufacturing philosophies like Lean

Manufacturing, and Flexible Manufacturing are also