Tag: GERMANY

India, Germany ink pact on vocational training

24/08/2016 10:57

Deepening collaboration on skill development, India and Germany has signed an agreement that aims to foster conditions that will help create and improve workplace-based vocational training in India’s industrial clusters.

Under the pact, German technical assistance will be used to enhance industry institute partnerships between Indian and German organizations, build capacity of local training institutions and foster industry linkages which will help adapt elements of the German dual system into the Indian context, said an official statement.

The agreement was signed between the Ministry of Skill Development and Entrepreneurship (MSDE) and (German International Cooperation (GIZ) and will initiate a new project focused on adapting elements of the German dual system in select industrial clusters in India.

“In the last couple of months we (India) have formally adopted the German system of dual education. For the first time we will have ITIs (industrial training institutes) in this country where there will be a model of three months of academic input and after that the trainee will move to the industry where he will work as an apprentice for the remaining nine months,” Secretary in the Ministry of Skill Development and Entrepreneurship Rohit Nandan said.

He said the Government is very keen to take the dual mode of education forward to promote apprenticeship in the country.

“The aim of the programme is to involve private sector and entrepreneurs in defining the qualification that is required in creating practical training at the workplace,” German Ambassador to India Dr Martin Ney said at an event.

He termed the adoption of dual education by India as a “breakthrough”.

The project will run for three years starting August 2016 with a budget of EUR 3,000,000 (22.6 crore) made available by the German Government and aims to foster conditions which will help create and improve cooperative workplace-based vocational training in India’s industrial clusters.

India in 6th place among top 10 global manufacturers

India in 6th place among top 10 global manufacturers

04/04/2016 00:54

According to a report by United Nations Industrial Development Organization (UNIDO), India has occupied sixth place in a ranking of the world’s top ten manufacturing economics which is topped by Asian powerhouse China.

Previously, India was ranked as the ninth largest manufacturer in the world.

Data from UNIDO’s Yearbook shows that the Manufacturing Value Added (MVA) in India climbed by 7.6 per cent in 2015, compared to the previous year.

“India is now the sixth largest manufacturer in the world”, the UNIDO report said.

The quarterly index of industrial production (IIP) for Asia’s third biggest economy showed that manufacturing output climbed by 1 per cent in the fourth quarter of 2015 compared to the same period a year ago.

Meanwhile, global manufacturing growth slowed to 2.8 per cent in 2015 reflective of a weakening world economy.

“This slowdown could be due to reduced manufacturing growth rates recorded by major developing and emerging economies”, the report added.

After China, which is the world’s biggest manufacturer, the US, Japan, Germany and Korea are ranked second, third, fourth and fifth on the list of the largest global manufacturing countries, with Indonesia in tenth place.

In a bid to bolster India’s manufacturing prowess, the NDA government in 2014 unveiled its flagship ‘Make in India’ program to help make India a global manufacturing and investment hub by easing rules of doing business in the country including accelerating key structural reforms.