Industry 5.0 develops a key transformation in the discourse of the contemporary industry; this is very evident that sustainability is now at prime in the technological development. This swing is particularly significant in the Indian framework, as it aligns with the government's visualization of building a Viksit Bharat by 2047, which includes inclusive and sustainable development drove by technological development. This study goals at discussing the socio-economic and human-centric development of India in the era of speedy digital advancement and the role of Industry 5.0 in complementary the two. This study exploits qualitative secondary data analysis of the reports and policy documents relating to Industry 5.0 and digital advancement from NITI Aayog, Ministry of Electronics and Information Technology, UNESCO, World Bank, and IMF added academic literature. This study makes the case that technology alone is not enough to safeguard equitable development and will require inclusive governance, digital user-friendliness, institutional coordination, and skill-based human development contexts. The analysis highpoints the major encounters such as digital inequality, gender inequality, unequal digital infrastructure and uneven policy implementation. Meanwhile, opportunities of innovation-based development, sustainable eco-systems, and human centric machine collaboration exist in Industry 5.0. The study carries to a conclusion that the shift towards latest Industry in India’s weights a set of unified policy frameworks, ethical governance, digital inclusion, and conducive investments in education and skill development. The study recommends that there needs to be a human-centric and solution-oriented method, which can be able to synchronize the technological revolution with the mission and vision of a Viksit Bharat.
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