Date post: | 28-May-2015 |
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Engineering |
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India Engineering Talent-Can it stand up to China Manufacturing and
US Innovation trendsBy:-
Omika Sharma
Harshika Shete
Ankit Satanekar
Siddhanta Shroff
Sagar Sankhe
India Engineering Talent
Information Technology Outsourcing
Real Engineering
Price Sensitive Market
Emphasis on Education
Current Status of Indian Innovation
Global Innovation Hub
The National Innovation Council
The Indian Inclusive Innovation Fund
Barriers
External Internal
External:
Skill Shortage
Lack Of Collaboration
Internal:
Organizational Focus
Insufficient Knowledge Management Systems
Why is The US Innovation Trends Lagging?
USA as world leader in technology
Global Information Technology Report by World Economics Forum
Statistics
Lesser number for US students opting for STEM (Science, Technology, Engineering, Math)
Non American CEOs and head technologists
Silicon Valley: Indian founded startups increased from 7% to 15.5% in the period 1995 to 2005
The next Microsoft CEO: Mr. Satya Nadella
Manufacturing In India
United Nations Industrial Development Organization report -2010
-textiles, chemical products, basic metals, general machinery and equipment, and electrical machinery
General Motors India
ASTRAZENECA -Active Pharma Ingredients (APIs)
India and China
India v/s China Manufacturing
India’s Rise in Manufacturing Arena at the
Cost of China
Economic Fortunes of China -Large scale and low cost outsourced manufacturing
Special Economic Zones -Special Economic Policies
-Flexible Governmental measures
-Special Tax Incentives
- Greater independence on international trade activities
The China Price -the pricing pressure placed on developing economies
-the lowest price possible
Prediction by the economists -Working age population has declined
-Threats to its status as a low-cost manufacturing hub
-Increase in factory wages
-lacks the required expertise
A June 2010 Deloitte Study
Can India stand up to China manufacturing and the USA innovation
trends?
YES
Thank You