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Manufacturing sector key to employment: Expert

Manufacturing sector key to employment: Expert
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Indian economic growth has been fuelled by service sector, but this type of economy cannot sustain without the support by growth in manufacturing...

Indian economic growth has been fuelled by service sector, but this type of economy cannot sustain without the support by growth in manufacturing sector, observed Ramesh Datla Confederation of Indian Industry (CII) IPR wing Chairman on Friday. He was speaking to students on ‘Latest Trends and Opportunities’ jointly arranged by GITAM Institute of Management and CII in the GITAM in the Campus, Vishakhapatnam

He pointed that manufacturing sector is important for the Indian economy to solve the unemployment. He said that India can rapidly expand the creation of jobs in the manufacturing sector which alone can absorb the large surplus manpower in our rural areas. He advised the students that they can choose wide span of technologies and business opportunities in green space and plan and prepare for next 30 to 40 years of their professional or entrepreneurial career.

CII Andhra Pradesh ex-chairman and ADP Pvt.Limited Managing Director Shakthi Sagar said that MNC’s strongly believes that India is a center for intellectual capital and young population. He mentioned that the youth must understand the business challenges, business analytics and apply the knowledge to impress the corporate world.
CII Vizag Zone Chairman and Sravan Shipping Services P Ltd. Managing Director G Sambasiva Rao, CII Andhra Pradesh ICT Panel Co-Convenor and CEO of Maple Software Pvt.Limited G.Sivakurmar, GITAM Institute of Management Principal Prof.K.Sivaramakrishan and others participated in the program.
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