New Definition of Manufacturing

Manufacturing is derived from Latin words combined as ‘manufactus’, meaning handmade. This definition of manufacturing was appropriate at the time when it was coined, but not anymore. The definition as given in many text books says manufacturing is, ‘conversion of raw materials into finished goods’.

What are the pain areas of today’s leaders?

According to a global study, the pressure to work faster, the threat caused by institutional knowledge drain and challenges posed by environmental regulations are among the chief concerns. We should start with a vision – what will India be a few years ahead from now and where will we be as a country.

SMEs constitute the backbone of manufacturing industry and the quality of their products impacts overall economic development and confidence of buyers. Government of India with its initiative 'Make-in-India' is infusing vigor into this sector to ensure progression in technology and manufacturing processes.

IIT Madras signs pact with Automation Industry Association to enhance research projects