The report, released on Monday by the Business and Sustainable Development Commission, said pressure on business to become a "responsible social actor" was likely to grow.

Kamler's state-of-the-art plant, for instance, will soon be able to produce bicycles with just 12 employees per shift.

Speaking at the World Economic Forum (WEF) annual meet here, she said, "I don't think we should worry about it (industrial revolution)."