ABSTRACT
The integration of Industry 4.0 (I4.0), an approach of technological progress and circular economy (CE) and an economic growth model that promotes cyclic resource usage, will aid in achieving organizational sustainability. Various factors help to drive I4.0 in the emerging markets for implementation of CE. Ten drivers were identified in this study based on an extensive literature review and expert opinion. Interpretative structural modelling (ISM) was used to form an interrelationship among the drivers, and MicMac was used to analyse the driving and dependence power of the drivers. The results indicate that management strategy and commitment are the most significant factors driving I4.0 for CE initiatives. This study gives managers and decision-makers information on I4.0 for successful and efficient implementation of CE in emerging markets.
