Department of heavy industries ties-up with IIT-Kharagpur for Make in India

The centre will focus on reinvigorating manufacturing in India through technological interventions

GN Bureau | November 11, 2016


#PSU   #department of heavy industries   #Babul Supriyo   #Make in India  

 The department of heavy industries has partnered with IIT-Kharagpur to set up a centre of excellence on advanced manufacturing, in a move to step-up the Make in India initiative.

 The centre would undertake extensive research in the area of advanced manufacturing for modern, healthy and robust auto, heavy engineering, heavy electrical and capital goods sectors and self-reliant and growth oriented public sector undertakings, according to news report.
 
 Babul Supriyo, minister of state for heavy industries and public enterprises, said, “In comparison to western and southern India, eastern India has a dearth of such centres of excellence…Central government has schemes wherein such centres of excellence will receive 80 percent funding from the government, while 20 percent will be raised by various stakeholders, and the facility built could be used by all stakeholders.” 
 Vishvajit Sahay, secretary, department of heavy industries said India has set a goal to develop national goods and increase exports from 27 percent to 40 percent.
 
“Many projects are being launched to boost manufacturing towards this end. Through this centre, local industries big or small will work with IIT-Kharagpur for requirement of heavy machineries.”
 
 The centre will focus on reinvigorating manufacturing in India through technological interventions. It will also boost value additions in terms of innovations in materials, manufacturing processes, new technologies, and bringing academic rigor to industrial and organisational practices. It will also create an ecosystem for indigenisation and innovations in the manufacturing sector involving small and medium scale enterprises. And will bring in international expertise through partnerships with the best in the world.
 

Comments

 

Other News

‘Oral cancer deaths in India cause productivity loss of 0.18% GDP’

A first-of-its-kind study on the economic loss due to premature death from oral cancer in India by the Tata Memorial Centre has found that this form of cancer has a premature mortality rate of 75.6% (34 premature events / 45 total events) resulting in productivity loss of approximately $5.6 billion in 2022

Days of Reading: Upendra Baxi recalls works that shaped his youth

Of Law and Life Upendra Baxi in Conversation with Arvind Narrain, Lawrence Liang, Sitharamam Kakarala, and Sruti Chaganti Orient BlackSwan, Rs 2,310

Voting by tribal communities blossoms as ECI’s efforts bear fruit

The efforts made by the Election Commission of India (ECI), over last two years, for inclusion of Particularly Vulnerable Tribal Groups (PVTG) communities and other tribal groups in the electoral process have borne fruit with scenes of tribal groups in various states/UTs participating enthusiastically in t

GST revenue for April 2024 at a new high

The gross Goods and Services Tax (GST) collections hit a record high in April 2024 at ₹2.10 lakh crore. This represents a significant 12.4% year-on-year growth, driven by a strong increase in domestic transactions (up 13.4%) and imports (up 8.3%). After accounting for refunds, the net GST

First Magahi novel presents a glimpse of Bihar bureaucracy a century ago

Fool Bahadur By Jayanath Pati (Translated by Abhay K.) Penguin Modern Classics, 112 pages, Rs 250 “Bab

Are EVs empowering India`s Green Transition?

Against the backdrop of the $3.5 billion Production-Linked Incentive (PLI) scheme launched by the Government of India, sales of Electric Vehicles (EVs) are expected to grow at a CAGR of 35% by 2032. It is crucial to take into account the fact that 86% of EV sales in India were under the price bracket of $2

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter