National manufacturing policy to create 100 million new jobs


These new jobs will comprise more medium-tech positions than hi-tech positions.

The national manufacturing policy aims to provide 100 million jobs, out of which 25 per cent new positions will be hi-tech and the remaining 75 per cent will be medium tech, a senior government official recently stated.

After inaugurating the 10th edition of WIN INDIA trade fair for manufacturing, logistics, warehousing, factory automation and heavy engineering, in Mumbai, Girish Shankar, Secretary, Department of Heavy Industry, told the media that there is a need to upskill more people for the additional jobs.

He shared that currently 80 per cent of the existing jobs are low tech, and in the capital goods sector alone there is a challenge of training an additional five million into medium and hi-tech skill sets. To accomplish this, the government has set up the capital goods skill development council, which provides the framework and skill standards for these jobs.

He also shared that under the new capital goods scheme, they are going to set up five mega skill training centres in different regions of the country, which will provide the necessary knowledge content.

The council enlists and certifies training institutions, which are being proposed on an entrepreneurship model, and in some cases DHI will also provide grants to create training capacities. This should create the framework to substantially share the load to train five million workers in the next five years.

The trade fair saw participation from 10 countries – Germany, China, Italy, India, Netherlands, South Korea, Spain, Taiwan, UAE and USA.

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Prajjal Saha is the editor and publisher of HRKatha, which he founded in 2015. With nearly 25 years of experience in business journalism, writing, and editing, he is a true industry veteran who possesses a deep understanding of all facets of business, from marketing and distribution to technology and human resources. Along with his work at HRKatha, he is also the author of the Marketing White Book. Thanks to his extensive experience and expertise, he has become a trusted source of insight and analysis for professionals across a wide range of industries.