Govt framing National Policy for Advanced Manufacturing

The Dollar Business Bureau 

In a bid to increase the percentage of manufacturing output to 25 per cent of GDP by 2025 from 16 per cent, the government is in the process of chalking out a National Policy for Advanced Manufacturing.

The policy is expected to enhance India’s global manufacturing competitiveness while also being mindful of the "threat to jobs" due to adoption of smart manufacturing.

According to DIPP Secretary Ramesh Abhishek, the government is keeping in mind both concerns and opportunities while framing the required policies.  Therefore, the industry needs to be tailored in a way that considers these on-the-job threats and gets ready for an easy transition. This will make the people skilled enough and give them the opportunity to relocate to other areas as well.

Abhishek shared this information while addressing a meeting of stakeholders and inviting their opinion on the subject in question. The meeting was chaired by Department of Heavy Industry Secretary Girish Shankar and shed light on the framework for introduction of 'Industry 4.0'.

Shankar said that the policy will be primarily framed on the lines of increasing technological depth so that we are not left behind in the global scenario. The formulation will thus be time-consuming as it will require a lot of consultation in the process of inviting due comments from the public.

The capital goods policy entails formulation of a national policy for advanced manufacturing which would have advanced materials, modern manufacturing like advanced robotics and 3D printing, among others as its primary elements.