The objective of this paper is to integrate Industry 4.0 (I4.0) into national policy framework of countries, and asses their readiness in adopting I40 through a literature review of their existing policy initiatives, while analyzing secondary data of some critical factors related to the future of production. I4.0 policy frameworks in both developing and developed countries are intended at enhancing modernization, endorsing the acceptance of up-to-date technology to fast-track financial development, boosting production output, and help in the holistic effectiveness of industries. Singapore, Japan, and Korea have been at the forefront of embracing I4.0 technologies. The findings of this study would help and support policymakers, researchers, and practitioners for the development of strategies for implementation of I4.0.