The paper basically deals with the challenges that are faced by the Traditional manufacturing techniques that could
not meet the requirements that are required in development of the product life cycle in these modern days which are fulfilled by
the Smart manufacturing. The challenges faced by the manufacturers such as shortened Product life cycle, Increased customeroriented value, Sustainable development of the product and Global competition. Such factors affect the traditional
manufacturing techniques that had been followed for years. In order to cope up with the emerging trends in the product
development the Smart Manufacturing has envisioned as a good approach to tackle these problems. The evolvement of the
Industrial Revolution from Industry 1.0 to Industry 4.0 has led to the emerging principle of the Smart manufacturing. The smart
manufacturing is referred to as synergistic integration of Computer oriented manufacturing which involves multiple users,
systems and technologies of data processing.
