The document discusses attracting young engineers to the manufacturing sector in India. It outlines the importance of manufacturing for the Indian economy and job creation. However, many young engineers are unwilling to join due to perceived dangers, unhealthy working conditions, and more opportunities in other sectors like IT. The document proposes several steps to make manufacturing more appealing, such as improving safety, increasing technical education, offering competitive compensation, and leveraging young engineers' skills in automation and software. Including young talent in manufacturing could boost efficiency, quality, and use of new technologies.
A research paper prepared by me on the Manufacturing Sector In India. It contains a SWOT analysis and possible outcomes in the future for the industry.
A research paper prepared by me on the Manufacturing Sector In India. It contains a SWOT analysis and possible outcomes in the future for the industry.
Ethiopia’s Manufacturing Industry Opportunities, Challenges and Way Forward: ...CrimsonpublishersNTNF
Ethiopia’s Manufacturing Industry Opportunities, Challenges and Way Forward: A Sectoral Overview by Tekeba Eshetie in Food science journal_ Nutrition and Food open access journal
An Empirical Investigation of Factors Affecting Construction Sector Labour Pr...inventionjournals
The construction industry plays a strategic role in developing countries like Zimbabwe. This research seeks to empirically determine the main factors affecting construction labour productivity in Zimbabwe. Questionnaires comprising of structured and unstructured questions were used to for data collection. The research employed heterogeneous sampling to select the target population, and fifty (50) questionnaires were completed and analyzed. Using a simple ordinal scale, based on a 5-point Likert Scale; contractors, consultants and professionals expressed their views on the relative importance of twenty-two (22) pre-selected factors on construction labour productivity. Data was analyzed using the Relative Importance Index (RII). The results show that late and or non-payment of wages and salaries, suitability and/or adequacy of capital, non-payment to suppliers, availability of experienced labour as well as education and training are amongst the top thirteen (13) most important factors impinging construction labour productivity in Zimbabwe. Timeous payment of salaries and wages as well as investment in staff training and development are amongst the recommended intervention strategies to improve construction labour productivity in Zimbabwe.
International Journal of Engineering Research and Development (IJERD)IJERD Editor
journal publishing, how to publish research paper, Call For research paper, international journal, publishing a paper, IJERD, journal of science and technology, how to get a research paper published, publishing a paper, publishing of journal, publishing of research paper, reserach and review articles, IJERD Journal, How to publish your research paper, publish research paper, open access engineering journal, Engineering journal, Mathemetics journal, Physics journal, Chemistry journal, Computer Engineering, Computer Science journal, how to submit your paper, peer reviw journal, indexed journal, reserach and review articles, engineering journal, www.ijerd.com, research journals,
yahoo journals, bing journals, International Journal of Engineering Research and Development, google journals, hard copy of journal
Association between Investment, Production, Export and Import: The Impact of...inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Production engineering is a combination of manufacturing technology, engineering sciences with management science. ... The goal is to accomplish the production process in the smoothest, most-judicious and most-economic way.
Make in India can be a path breaking campaign provided it is grounded by right policy measures and innovation ecosystem. Technology has a pivotal role in this and the efforts of the nation in promoting technological innovations have so far yielded limited success. Technology transfer requires easing FDI limits and other fiscal incentives. However, the past experience of technology transfers in military indicated failure to deliver by foreign partners. Liberalization as well as stringent conditions is hence important to make technology transfer through collaborations. Indian government has announced some fiscal incentives and welcomed collaborations. In the light of this, the need for developing competences for technology absorption has gained attention. The paper presents technology transfer and absorption issues for the success of Make in India.
The article provides views and comments on improving the investment climate in the industrial sector and the structural structure of the national economy, the creation of new and modern industries, modernization of existing ones is an important condition for the production of products that meet international standards. Tursunov Ulug’bek Sativoldiyevich "Investment Climate in Industries" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-5 , August 2020, URL: https://www.ijtsrd.com/papers/ijtsrd33157.pdf Paper Url :https://www.ijtsrd.com/humanities-and-the-arts/economics/33157/investment-climate-in-industries/tursunov-ulug’bek-sativoldiyevich
Ethiopia’s Manufacturing Industry Opportunities, Challenges and Way Forward: ...CrimsonpublishersNTNF
Ethiopia’s Manufacturing Industry Opportunities, Challenges and Way Forward: A Sectoral Overview by Tekeba Eshetie in Food science journal_ Nutrition and Food open access journal
An Empirical Investigation of Factors Affecting Construction Sector Labour Pr...inventionjournals
The construction industry plays a strategic role in developing countries like Zimbabwe. This research seeks to empirically determine the main factors affecting construction labour productivity in Zimbabwe. Questionnaires comprising of structured and unstructured questions were used to for data collection. The research employed heterogeneous sampling to select the target population, and fifty (50) questionnaires were completed and analyzed. Using a simple ordinal scale, based on a 5-point Likert Scale; contractors, consultants and professionals expressed their views on the relative importance of twenty-two (22) pre-selected factors on construction labour productivity. Data was analyzed using the Relative Importance Index (RII). The results show that late and or non-payment of wages and salaries, suitability and/or adequacy of capital, non-payment to suppliers, availability of experienced labour as well as education and training are amongst the top thirteen (13) most important factors impinging construction labour productivity in Zimbabwe. Timeous payment of salaries and wages as well as investment in staff training and development are amongst the recommended intervention strategies to improve construction labour productivity in Zimbabwe.
International Journal of Engineering Research and Development (IJERD)IJERD Editor
journal publishing, how to publish research paper, Call For research paper, international journal, publishing a paper, IJERD, journal of science and technology, how to get a research paper published, publishing a paper, publishing of journal, publishing of research paper, reserach and review articles, IJERD Journal, How to publish your research paper, publish research paper, open access engineering journal, Engineering journal, Mathemetics journal, Physics journal, Chemistry journal, Computer Engineering, Computer Science journal, how to submit your paper, peer reviw journal, indexed journal, reserach and review articles, engineering journal, www.ijerd.com, research journals,
yahoo journals, bing journals, International Journal of Engineering Research and Development, google journals, hard copy of journal
Association between Investment, Production, Export and Import: The Impact of...inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Production engineering is a combination of manufacturing technology, engineering sciences with management science. ... The goal is to accomplish the production process in the smoothest, most-judicious and most-economic way.
Make in India can be a path breaking campaign provided it is grounded by right policy measures and innovation ecosystem. Technology has a pivotal role in this and the efforts of the nation in promoting technological innovations have so far yielded limited success. Technology transfer requires easing FDI limits and other fiscal incentives. However, the past experience of technology transfers in military indicated failure to deliver by foreign partners. Liberalization as well as stringent conditions is hence important to make technology transfer through collaborations. Indian government has announced some fiscal incentives and welcomed collaborations. In the light of this, the need for developing competences for technology absorption has gained attention. The paper presents technology transfer and absorption issues for the success of Make in India.
The article provides views and comments on improving the investment climate in the industrial sector and the structural structure of the national economy, the creation of new and modern industries, modernization of existing ones is an important condition for the production of products that meet international standards. Tursunov Ulug’bek Sativoldiyevich "Investment Climate in Industries" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-5 , August 2020, URL: https://www.ijtsrd.com/papers/ijtsrd33157.pdf Paper Url :https://www.ijtsrd.com/humanities-and-the-arts/economics/33157/investment-climate-in-industries/tursunov-ulug’bek-sativoldiyevich
Harnessing Science and Technology: Reviving the Philippine Manufacturing SectorNEDAhq
Keynote address of Socioeconomic Planning Secretary and NEDA Director-General Arsenio M. Balisacan during the 35th Annual Scientific Meeting of the National Academy of Science and Technology (NAST), Manila Hotel,10 July 2013
I am writing this document to help out managers, who think AS9100 is a very complicated system to install, implement and follow. They have an apprehension that it requires tons of documentation and record keeping.
I will be bringing the basic outlines of how to implement a QMS (Quality Management System) from scratch, which adhere to AS9100 Rev C requirements in a very basic manner. This document alone cannot be used to implement the AS9100 Rev C; the aim of this document is to familiarize the managers about the basics of implementation of AS9100 Rev C. I have used many illustrations and also used project management concept to implement AS9100 Rev C.
8 steps for excellent B2B CX (customer experience)B2B Marketing
Customer Experience is an increasingly hot topic right now (but like most things) it is far more complex in B2B than it is in B2C, given the length and complexity of the buying process. So what does great CX look like? And how do you set about achieving it? These were questions that we sought to answer as part of our CXcellence report, the findings of which we then unveiled at our November conference.
Agile Management: Leading Teams with a Complex MindJurgen Appelo
These are the slides I used in my deep dive session at the Scrum Gathering in Amsterdam.
See: Agile Management Workshop
http://www.noop.nl/2010/11/agile-management-workshop.html
The Indian manufacturing sector has been growing at an impressive rate, over the past two years. In this context, the initiatives of the Government of India such as “Make in India” and “Atmanirbhar Bharat” are boosting the sector in no uncertain terms. Here it won’t be inappropriate to briefly elaborate on the trends in the manufacturing industry that focus on the above-mentioned growth.
Enabling Indian manufacturing MSMEs for global competitivenessIET India
The COVID-19 pandemic has been a watershed moment for businesses globally. While the scenario looks gloomy all around, there are significant local and global factors that may prove to be favourable for FDI in manufacturing, especially in the Micro, Small & Medium Enterprises (MSME) sector in India.
Post the lethal impact of COVID-19, more and more manufacturing companies are looking towards India as an investment destination and as a reliable alternative to other low-cost producer countries. This will benefit the growth of established firms/sectors, providing significant new prospects for Indian MSMEs to step up and move to the next level. However, it is important to be cognisant of the fact that in order to successfully grab these opportunities, there needs to be a serious rethink of existing business models.
This paper focuses on the opportunities available, scope for improvement, and solutions to varied challenges for the MSME sector in India.
Challenges Adversely Affecting the Performance of the Manufacturing Sector of...Dr. Amarjeet Singh
The manufacturing sector of Ghana is bedeviled with many challenges, both external and internal, ranging from poor regulatory environment to inadequate level of skilled labour. Manufacturing firms in Ghana were surveyed, using a sample size of 120, based on purposive sampling. The study was poised to determine those variables that were available and those that were not available in the firms and were a setback. In addition a rating scale was used to determine those that were more critical and could adversely affect the performance of the sector. The results revealed there were high rent costs (84.2%) and influx of foreign products (87.5%) as well as inadequate level of skilled labour (77.5). The study was also intended to determine which variable was critically challenging and its absence could affect the performance of the sector. Clearly, poor regulatory environment was ranked the highest on the part of external challenges while inadequate skilled labour was rank the highest on the part of internal challenges. It is therefore recommended that skills development should be the priority of manufacturing firms, with the aim of closing manufacturing skills gap. Further, the government should make conscious attempt to regulate the influx of foreign products into the country.
Ardantya Syahreza's View on What is Going to Happen After CoronaArdantya Syahreza
Corona Virus Pandemic has brought acceleration to our lifestyle- which become more digital savvy, more health conscious and more environmental conscious.
This new lifestyle predicted to become a new normal. And we should prepare ourselves.
Make in India is all about harnessing this demand and boost the Indian economy through
--- Making India a manufacturing hub
-- improve World Bank’s Ease of Doing Business ranking
Role of make in india in economic developmentNEETHU S JAYAN
The presentation shows the role of make in India campaign in the economic development of India and it also shows the impact of make in India campaign in various industries and sectors.
The Engineering & Construction (E&C) industry strongly
affects the economy, the environment and society as a
whole. It touches the daily lives of everyone, as quality of life
is heavily influenced by the built environment surrounding
people. The construction industry serves almost all other
industries, as all economic value creation occurs within or
by means of buildings or other “constructed assets”. As
an industry, moreover, it accounts for 6% of global GDP. It
is also the largest global consumer of raw materials, and
constructed objects account for 25-40% of the world’s total
carbon emissions.
Multiple global megatrends are shaping the future of
construction. Consider just two developments: first,
30% of global greenhouse gas emissions are attributable
to buildings (at the same time, the UK government
has set a target for 2025 of 50% reduction in today’s
level of greenhouse gas emissions in the country’s built
environment); second, the population of the world’s urban
areas is increasing by 200,000 people per day, all of whom
need affordable housing as well as social, transportation
and utility infrastructure. Such trends pose challenges but
also offer opportunities; either way, they require an adequate
response from the industry as a whole.
Similar to how to attract young engineers towards manufacturing sector (20)
The Impact of Artificial Intelligence on Modern Society.pdfssuser3e63fc
Just a game Assignment 3
1. What has made Louis Vuitton's business model successful in the Japanese luxury market?
2. What are the opportunities and challenges for Louis Vuitton in Japan?
3. What are the specifics of the Japanese fashion luxury market?
4. How did Louis Vuitton enter into the Japanese market originally? What were the other entry strategies it adopted later to strengthen its presence?
5. Will Louis Vuitton have any new challenges arise due to the global financial crisis? How does it overcome the new challenges?Assignment 3
1. What has made Louis Vuitton's business model successful in the Japanese luxury market?
2. What are the opportunities and challenges for Louis Vuitton in Japan?
3. What are the specifics of the Japanese fashion luxury market?
4. How did Louis Vuitton enter into the Japanese market originally? What were the other entry strategies it adopted later to strengthen its presence?
5. Will Louis Vuitton have any new challenges arise due to the global financial crisis? How does it overcome the new challenges?Assignment 3
1. What has made Louis Vuitton's business model successful in the Japanese luxury market?
2. What are the opportunities and challenges for Louis Vuitton in Japan?
3. What are the specifics of the Japanese fashion luxury market?
4. How did Louis Vuitton enter into the Japanese market originally? What were the other entry strategies it adopted later to strengthen its presence?
5. Will Louis Vuitton have any new challenges arise due to the global financial crisis? How does it overcome the new challenges?
Exploring Career Paths in Cybersecurity for Technical CommunicatorsBen Woelk, CISSP, CPTC
Brief overview of career options in cybersecurity for technical communicators. Includes discussion of my career path, certification options, NICE and NIST resources.
New Explore Careers and College Majors 2024.pdfDr. Mary Askew
Explore Careers and College Majors is a new online, interactive, self-guided career, major and college planning system.
The career system works on all devices!
For more Information, go to https://bit.ly/3SW5w8W
NIDM (National Institute Of Digital Marketing) Bangalore Is One Of The Leading & best Digital Marketing Institute In Bangalore, India And We Have Brand Value For The Quality Of Education Which We Provide.
www.nidmindia.com
how to attract young engineers towards manufacturing sector
1. A CASE STUDY ON MANUFACTURING
SECTOR
AND
ROAD MAP TO ATTRACT YOUNG
ENGINEERS
TOWARDS MANUFACTURING SECTOR
DOCUMENTED BY:
· BISWAJIT MANDAL (3RD YEAR)
· SOUMYA DASH (2ND YEAR)
( DEPT. OF MECHANICAL ENGG. )
2. CONTENTS
INTRODUCTION
AN INSIGHT INTO MANUFACTURING AND RELATED PROCESSES
TYPES OF MANUFACTURING SECTORS
IMPACT OF MANUFACTURING ON INDIAN ECONOMY
IMPORTANCE OF MANUFACTURING IN INDIA
BENEFITS PROVIDED BY MANUFACTURING SECTOR
CAUSES OF UNWILLINGNESS OF YOUNG ENGINEERS TOWARDS
MANUFACTURING SECTOR
EFFECT OF UNWILLINGNESS IN JOINING MANUFACTURING SECTOR
STEPS TO BE ADOPTED FOR ATTRACTING YOUNG ENGINEERS
TOWARDS MANUFACTURING SECTOR
BENEFITS OF INCLUDING YOUNG ENGINEERS AS A WORKFORCE
CONCLUSION
FUTURE PROSPECTS
3. INTRODUCTION
Manufacturing sector:
• is the engine for economic growth and creation of wealth.
•includes all activities starting from customer inputs for
concepts design , material processing and ending with products
disposal.
• the activities provide gainful employment and alleviate the
individual living standard.
• is the combined use of man ,material and machine tools to
generate useful goods for saleable purpose and as a raw item for
more complex goods production.
5. AN INSIGHT INTO MANUFACTURING AND
RELATED PROCESS
The benefits of civilization which we enjoy today are
essentially due to improved quality of products available
to us. This improved quality comes from the various
manufacturing process involved in the manufacturing
sector which would ensure a better product being made
and available at an economical cost. The processes
include:
Casting process.
Deformation process or forming process.
Machining process or material removal process.
Joining process.
Fabrication process.
Plastic material or polymer processing methods.
Powder metallurgy.
Assembly process.
Heat treatment and surface treatment process.
6. Selection of manufacturing process for a
product is based on following considerations:
Type and nature of starting material.
Volume of production.
Expected quality and properties of the
components.
Technical viability of the process.
Economy and cost of production.
Power consumed ,time required and specified
quality standards of the product.
Esteem value and use value of the product.
7. TYPES OF MANUFACTURING SECTORS:
Although reforms have reduced licensing and regulation, heavy
industry is still dominated by public-sector enterprises. State-owned
companies have accounted for the bulk of activity in steel, non-ferrous
metals (virtually 100% for copper, lead and zinc, and about 50% for
aluminium), shipbuilding, engineering, chemicals and paper. The
government had pledged to reduce its holdings in non-strategic
public-sector undertakings to a maximum of 26%, and to close down
non-viable enterprises.
Automotive
Light Engineering
Pharmaceuticals
Machine Tools
Textiles
Computer hardware
Paper Industry
Petroleum and chemical
8. IMPACT OF MANUFACTURING ON INDIAN
ECONOMY
In 1990, India and China had almost the same GDP
per capita. Since then, driven by its manufacturing
sector, China’s economy has grown much faster than
has India’s and its GDP per capita on a PPP basis is
90% higher than India’s GDP per capita.
To achieve faster rates of economic growth India
urgently needs to strengthen its own manufacturing.
Manufacturing takes turns under all types of economic
systems.
In a free market economy, manufacturing is usually
directed toward the mass of products for sale
to consumers at a profit.
In mixed market economies, manufacturing occurs
under some degree of government regulation.
Modern manufacturing includes all intermediate
processes required for the production and integration
of a product's components.
9. RECENTS OVERVIEWS
The present industrial growth rate in the year 2012 is 4.10 percent in
the month of February 2012.
India’s present average annual GDP(Gross Domestic Product) growth
rate is 8.45.
Growth of manufacturing sector is 9.4% in the current financial year.
Manufacturing sector employs 17% of the total workforce of the
country.
It contributes to 27% of Indian GDP and 27% of Indian exports.
Comparing with the global scenario the level of industrialization is very
low as compared to other countries i.e it is 1/8th of china and 1/6th of
brazil.
India’s share of manufacturing value added in the world increased to
1.69% in the recent years.
India was ranked 42nd on UNIDO competitiveness Industrial
Performance Index.
11. BENEFITS PROVIDED BY MANUFACTURING
SECTOR
Though manufacturing sector have large number of benefits some have discussed under:
Increase in GDP of the nation and be able to walk hand in hand with the developed
nations.
Move a step towards the goal of becoming a developed nation and a superpower in
the near future.
Provide employment to such a massive population.
Increases the technological and intellectual outlook of the nation and its people.
Proper use of natural resources to generate products that would reduce manual
labour and increase the individual standard of living.
Increases bonding , cooperation and fraternity among nations worldwide.
Lead a pathway to new research and technological findings and search for
optimization of existing and newly generated methods of manufacturing.
All the products are home made in the country and hence less is the import, duties
and taxes on imports are set free instead products can be exported which helps in
raising national wealth.
12. CAUSES OF UNWILLINGNESS OF
YOUNG ENGINEERS TOWARDS
MANUFACTURING sector
The feelings of a young engineer being
not interested to involve in manufacturing sector
depends on individual outlook. Some of them are:
Danger to life in working. Generally working
with heavy machines is dangerous. Proper
precaution is to be taken care for safety
purpose. A small ignorance or unconsciousness
leads to fatal accidents.
Working in an unhealthy condition, while IT
sector provides air conditioned room to work.
Generally plants are situated at a safe distance
from towns and crowds. These areas are very
much polluted with dust, smoke, toxic gases.
Workers have to drive a long distance every
day.
High physical labor required in manufacturing
sectors. Physical as well as mentally sound state
is necessary for a healthy production.
13. 75% of placements of young engineer are
in IT sectors. Indian manufacturing sectors
can’t provide sufficient job to youth due to
lack in number of industry. Development
and number of workers required for
manufacturing is very less. Only a few
numbers of manufacturing companies are
in India as compare to other sectors.
Lack of proper education, training leads to
ignorance of manufacturing knowledge.
Students are not getting proper guide
towards a healthy development in this
sector.
Economic hikes affect the cost of
production and transportation along with
sailing prices. This causes high product
cost which alters rate of demand and
utility in India.
14. STEPS TO BE ADOPTED FOR ATTRACTING YOUNG
ENGINEERS TOWARDS MANUFACTURING SECTOR
The development of a highly skilled and educated
21st century workforce will help maintain Indian
leadership in innovation and productivity, which is
essential to the viability of manufacturing in the global
marketplace.
Increasing number of technical institutions to
accommodate more and more number of
people.
Reduce the education cost to a suitable level
so that the common mass can contribute to
increase the growth of manufacturing sector.
Proper technical knowledge and guidance
along with a tour to industry as visit or
vocational training should be provided for
creating interest towards manufacturing
sector.
15. Development of more core sectors would
make path for employment and hence the
intake capacity would increase which would
rouse their interest.
The working conditions in the industry should
be at safety and hygiene; this would make
people’s lives less prone to fatal accidental
injury.
Fulfill all the personal requirements for their
job like proper wage, medical facility with
medical insurance during working period and
housings with other requirements.
Hold campaign programs to create
awareness among the young engineers by
prioritizing among the interest of the
students.
16. Include computer related automated jobs that
requires less manual labor by doing the
manufacturing processes by means of software like
AUTOCAD,PRO-E etc.
Prepare for optimization of the processes which
results in interest to the technocrats towards
manufacturing sector.
Use of the communicative and innovative skills of
the youngsters that cause their skills to be utilized
in growth of manufacturing sectors.
Major bottlenecks – lack of awareness, inadequate
technical support and high cost – can be overcome
through training programs, indigenous development
of IT solutions and (temporary) financial incentives.
This will provide an additional competitive edge.
17. Government and academia also need to work
closely with the media, to reinforce the positive
image of manufacturing sector, create
awareness about present challenges and future
technologies and bring the leaders into limelight
so as to inspire others.
The academia and industry should work together
to identify the leaders and create innovative
ideas for further exploration. They need to set up
joint innovation centers, mutual exchange chairs
(industrialist teaches in university; professor
conducts research in industry), and compulsory
internship for engineering students in industry.
Industry should create exciting jobs for such
students. Financial rewards must be made
equivalent to those in other profess ions for a
similarly qualified per son to attract and retain
talent of high caliber to manufacturing.
18. Technology must be used for eliminating,
automating, speeding and value additions
in tasks related to design, production and
supply chain management.
Installation of methods using non-
conventional energy resources in
generation of power required in
manufacturing sector would be a substitute
to the energy crisis in the recent world. This
would create interest among young stars to
work on new technologies.
Include modern manufacturing processes
that are automated and this feature helps
the young technocrats to quickly and
efficiently grasp and monitor the entire
process resulting in efficient outcomes
19. PROFITS OF INCLUDING YOUNG ENGINEERS AS a WORKFORCE
Young mass as workforce in the industrial sector increase the
efficiency output of the processes.
Accuracy and quality of the product is highly increased due to
proper supervision.
Today’s youth is better equipped with computer and the software
related works which helps in no training requirement and quicker
grasp of automation process.
A vigilant workforce is always a better substitute than the older and
lethargic ones due to age factor.
20. Young engineers have a better communication skill which helps in
coordinating tasks among higher authority level and lower worker
level.
Young ones can actively participate and also instill many
programs that would ultimately results in increase in individual
performance level and also the industrial growth rate.
Young joining can let them to work for many years resulting in
evaluation of individual performance level and to come over
gradually with their shortcomings.
21. CONCLUSION
India can and will transform itself into a developed nation through
growth of manufacturing industry , achieved in a sustainable manner
creating a role model for other nations.
Need to have a comprehensive vision ,long term mission and adopt
novel policies by utilizing the local manpower, raw material available ,
domestic and export market to increase the industrial growth rate.
Lessen and gradually stop the brain drain of young engineers to other
service sector and also to foreign countries by increasing industry-
institute interaction and fulfill their requirements so as to achieve long
term goals.
Should create a direct or an indirect link between all other service
sector and the manufacturing industry in order to bring forth full
participation of young technocratic brains in the development process.
22. FUTURE PROSPECTS
The future manufacturing sector will be driven by global cooperation and
intellectual property rights.
The future technological drivers are artificial intelligence , green
technology ,smart engineered materials , direct manufacturing processes ,
nano- technology etc.
To ride the above waves new vehicles such as bionics , mechatronics,
industrial automation , robotics avionics , reverse engineering, concurrent
engineering , product life cycle engineering , knowledge management and
optimization engineering are needed.
Numerous advantages in manufacturing technology and resource available
to the world makes us to be optimistic and work industriously and
cooperatively to develop our nation and to make our mother earth a better
place to live in.