Power shortage: the biggest speed breaker

June 26, 2014 5:21 am

Infrastructure, power projects are the key stimulants of any manufacturing sector. A complete transformation is required at various levels
 Fronius is recognised as one of the technology leaders in welding technology. A clear mission for Fronius India Pvt. Ltd. is to provide perfect support for customers working in the field of welding. It offers comprehensive product demonstrations and service of high-quality welding equipment. V V Kamath analyses the present conditions of India to become global manufacturing hub.
Need of balanceIndia can become a global hub of manufacturing only when modern technologies, higher level of automation are implemented in manufacturing sector. However, a complete transformation is required at various levels of industry. Presently Indian industry depends 80 per cent on labours or technicians and only 20 per cent on automation.
Also when the productivity levels of growing economic countries are compared, India is lagging due to huge shortage of qualified engineers and skilled technicians. Current education system seems to prefer to produce IT engineers more than the core sector engineers, and unless the balance is created at this level, the dream of becoming global manufacturing hub will be distant.
Key stimulantsInfrastructures, power projects are the key stimulants of any manufacturing sector. Huge in-house consumption due to the population is also a key stimulant for manufacturing growth, which is also found to be proved to a good extent in automotive or power sector.

Advertising

Your future advertising space? Our media data