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Saturday, 25 July 2020 09:40

Minister Highlights 5R Movements to Usher Industrial Transformation

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Minister highlights 5R movements to usher industrial transformationIndustry Minister Agus Gumiwang Kartasasmita. ANTARA/HO-Industry Ministry/pri./sh

Industry Minister Agus Gumiwang Kartasasmita shed light on five movements for bringing about industrial transformation to address the evolving order in all sectors, including the manufacturing industry, owing to the COVID-19 pandemic.

The five movements, also termed the 5R movements, are aimed at tackling the pandemic within the company's environment by involving employees to apply health protocols.

"Second, resilience or moves to support the company to survive. Third, return to normal activity by considering key aspects for each company," Kartasasmita noted in a statement in Jakarta on Friday.

The three movements should be supported by two other movements: re-imagination and reform.

Kartasasmita highlighted the need for companies to re-map their businesses by taking into account the current new scenario and reform their business models to seize the opportunity.

"Thus, we are optimistic of a transformation in the industry sector toward the era of Industry 4.0 or swiftly adapt to the new normal scenario amid the impact of the pandemic," he noted.

Kartasasmita remarked that the manufacturing industry was projected to help drive the country's economic transformation to recover from the pandemic.

"Some strategic moves have been readied to enhance productivity and competitiveness in the processing sector, among others, by optimizing the potential of Industry 4.0 to adapt to the new situation," he added.

The manufacturing industry should be able to transform and adapt to the changing economic conditions, the minister remarked. (ANTARA)

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