Examining the Role of Adaptive Policy Frameworks and Organisational Sustainability in the Indian Manufacturing Industry under Uncertain Business Conditions
DOI:
https://doi.org/10.63282/3050-9416.IJAIBDCMS-V7I2P139Keywords:
Adaptive Policy Frameworks, Organizational Sustainability, Indian Manufacturing Industry, Industry 4.0, Business Uncertainty, Sustainable Manufacturing, Organizational Resilience, ESG, Dynamic Capabilities, Green ManufacturingAbstract
The Indian manufacturing industry is experiencing a radical change as a result of globalization, digitization, environmental factors, technological disruption, and business uncertainties. Supply chain disruptions, fluctuations in prices of raw materials, geopolitical issues, climate change regulations, and the emergence of Industry 4.0 technology are some of the factors responsible for creating operational and strategic issues for manufacturing firms. The traditional rigid governance strategies are becoming obsolete in managing such uncertain scenarios and, therefore, require new policy strategies that enhance adaptability and sustainability. In this research, an explorative methodology will be used through literature analysis concerning adaptive governance, organizational sustainability, Industry 4.0, and sustainable manufacturing. This study explores the role played by the mechanisms of adaptive governance, which include value chain flexibility, real-time data integration, monitoring mechanisms, and organizational culture with a focus on sustainability, in facilitating organizational resilience, efficient use of resources, innovations, and competitiveness. In addition, the study evaluates the key driving forces and the key hindrances to the uptake of sustainability in India. These factors include institutional pressure, competitive pressure, technical hurdles, financial limitations, and supply-related obstacles. It has been established that manufacturing companies which adopt adaptive governance mechanisms and sustainable practices have better chances of managing uncertainties and enhancing resilience.
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