National Awards for Manufacturing Competitiveness(NAMC), was held on September 28 at Hotel ITC Grand Maratha, Mumbai
The manufacturing sector's deteriorating business sentiment underlines a view that the economic rebound is likely to be a bumpy one
Modi also hailed India's ties with Uganda and other African nations
Make in India initiative and plans to set up coastal economic zones of the government can take a leaf out of the World Bank report which says that advances in technology and changing trade patterns are affecting opportunities for export-led manufacturing. The report, Trouble in the Making? The Future of Manufacturing-Led Development, says smart automation, advanced robotics and 3-D printing are new factors influencing which locations are attractive for production. While these shifts threaten significant disruptions in future employment, particularly for low-skilled workers, they also offer opportunities, according to this new report, released on Wednesday by the World Bank Group.It underscores the resulting changes in the manufacturing sector's ability to create jobs and lift people out of poverty in developing countries. It encourages policymakers to adjust their approach to spurring job creation in manufacturing and readying workers for the jobs of the future."Technology and ...