Govt. Launches 6 Tech Platform For The Global Competitive Manufacturing
- Business Startup
Niccolo Romano- 0
- 5 minutes read
The Central Government of India, on July 2, 2021, launched 6 technology innovation platforms that aim to focus on the improvement of technologies for global competitive manufacturing in India.
Prakash Javadekar, the Union Minister of Heavy Industries And Public enterprise launched this platform virtually and asserted that this innovation and high end technology are the pillar for development. He further said that this utility that has been formulated through innovation generates wealth for the country. In his tweet he said,
Launched 6 technology innovation platforms that will help derive India-specific solutions in the capital goods sector.
Launched 6 technology innovation platforms that will help derive India-specific solutions in the capital goods sector.
— Prakash Javadekar (@PrakashJavdekar) July 2, 2021
Innovation in high-end technology creates wealth for the Country. PM @narendramodi Ji has a vision and mission for enhanced investment in research & innovation. pic.twitter.com/pM9eAHwgtJ
“Innovation in high-end technology creates wealth for the Country. PM @narendramodi Ji has a vision and mission for enhanced investment in research & innovation.”
The Objective Of Launching This Platform For Global Competitive Manufacturing
The prime objective of launching this platform is that it will enable in bringing all the technical resources of India and the related industry in one platform to facilitate and kick start the identification of technical issues that are faced by the domestic industry and also crowdsource the same.
Along with that, they are set to facilitate the improvement of key “mother” manufacturing technologies primitively through the huge challenge on the platform.
The platform will also provide aid to the industries that include ORM companies, raw material producers, domain professionals or experts, R and D institutions, and also academia for giving technical solutions, suggestions, and also opinions on issues that involve the manufacturing industries.
Now let us get introduced to a new term global competitiveness. It is defined as the ability of a nation to sustain higher rates of growth in the GDP (Gross Domestic Products) per capita. So with the launch of this platform, the position of India will rise in the global competitive manufacturing ranking chart. According to a report, India ranked in the 3rd position in the global manufacturing index 2020 among 48 other countries. And India’s rank in the global manufacturing index 2019 was 30th among 48 countries. And the report for the global manufacturing index 2021 is yet to come. So with these developments, we can expect a more steady growth for India’s global manufacturing index.
6 Tech Innovation Platform Details
The 6 tech innovation platforms have been created by the Central Manufacturing Technology Institute (CMTI), International Center for Automotive Technology (iCAT), IIT Madras, Automotive Research Association of India (ARAI), BHEL, and HMT in partnership with IISc Bangalore. Over 39,000 experts, students, institutes, industries, and labs have already been registered on these platforms.
Conclusion
The Central Government of India after launching 6 technology innovation platforms aims to focus on the development of technologies for global competitive manufacturing in India. It states that this will improve their position in the global manufacturing index and also among the global competitions.
