Bharat Rakshak

matrimc wrote:>> First build world quality companies, educate people to use and work to world quality manufacturing and the world quality designs will then come..... ...not from the old manual drafting chamcha network....

Theo ji

It is a chicken and egg situation. The cardinals of manufacturing should pony up the money and hire away people going into IT-vity. As the saying goes if one pays peanuts then one gets only monkeys for employees. Chinese have done what is in under their control, i.e. spend money on in bringing up the infra to world standards. They were ready to take on the job of the factory of the world when the manufacturing jobs migrated out of the high cost countries. We were not ready and missed the bus. My take-away from the article is that there coul;d be a second wave and we should be ready to cash in on this. The precondition is of course infra. and the manufacturing majors ponying up the capital.

SBajwa wrote: How fast can India move its farmers to become Robotic engineers?

How fast can India move its majority of work force dependence on agriculture to something else?

The Bureau of Economic Analysis (BEA) released data today on “Gross Domestic Product by Industry” for 2012 with details on the contributions to the nation’s economic output last year that originated from 20 different private-sector industry groups and two government categories (federal and state/local). Here are some highlights of the report:2. Among the 22 industry groups, durable manufacturing led the US economy at 9.1%, which was by far the highest growth rate of any industry, and overall manufacturing grew at a rate of 6.2%. Following manufacturing, the information sector had the next highest growth rate of 5.8%.3. Total US manufacturing output last year reached $1.866 trillion, which established a new record high for current-dollar manufacturing output in a single year, breaking the previous record in 2011 of $1.73 trillion. 4. If US manufacturing were counted as a separate economy, it would rank as the tenth largest national economy in the world, see chart above (IMF data here for GDP in 2012). The $1.866 trillion of output produced in America’s factories last year was just slightly below the $2.1 trillion in GDP for the entire economy of Italy, and ahead of the entire national output in India ($1.82 trillion) and Canada ($1.81 trillion).MP: Measured by growth rates in economic output, the manufacturing sector of the economy clearly remains at the forefront of the economic expansion, with especially strong growth in the production of durable goods like automobiles, machinery, appliances, computers and electronic products, and furniture. The manufacturing sector grew last year almost three times faster (6.2%) than the overall economy (2.2%), and the durable goods manufacturing grew more than four times faster (9.1%) than the overall US economy. Of the 2.2% expansion in real GDP last year, about one-third of that growth came from US manufacturing (see Table 2 of the BEA report), even though manufacturing output last represented only about 12% of total GDP.Along with manufacturing output that reached new record highs in current dollars in each of the last two years, and is now close to a record high in constant dollars, the US manufacturing sector earned record profits in each of the last two years, totaling more than $1 trillion for 2011 and 2012 combined. Flush with record-level profits, the manufacturing sector has never been financially healthier than it is today and the future of American manufacturing has never looked brighter. After years of negative reports about the decline of American manufacturing, it’s time to recognize that US manufacturing is alive and well – it’s leading the economic recovery, and poised for even greater growth in the future. Manufacturing remains a critical sector of the US economy, and its importance can be understood by realizing that the output produced by America’s factories is the economic equivalent of adding the entire economic output of Italy, India or Canada to the US economy

darshhan wrote:While India absolutely needs a robust and kicking Manufacturing sector to gain self reliance and national edge, it is also true that Manufacturing will no longer be a tool for mass job creation anywhere in the world.

The first thing that strikes you when you visit most of the modern day factories is the serious lack of people on floor. Productivity and automation are continuously increasing.

So in my view manufacturing and mass employment creation need to be delinked. But since India already ranks very low as far as industrial density is concerned, any improvement will be a plus.

SBajwa wrote:The bigger questions are

How fast can India move its farmers to become Robotic engineers?

How fast can India move its majority of work force dependence on agriculture to something else?

To alleviate poverty in any nation not more than 15% of its population needs to be depend upon agriculture.

subhamoy.das wrote:Cross posting from IT thread.

http://www.computerworld.com/s/article/ ... rs_by_2017

A lot of folks here are sckeptical about the IT enabled knowledge industry driving well paid jobs in this country and which in turn will drive local manufacturing for local market. But it will happen in 2 decades, as i have been projecting and this report also thinks on similar lines. And best part is that there is no competition in this sector from the world!