How has the Covid-19 pandemic affected the overall apprenticeship scenario in the country?
Pandemic did have an adverse impact on apprenticeships due to the lockdown. But from the very first phase of unlocking there has been an intake and there has been no looking back. Many of the organisations had some experience of doing apprenticeships in the past. Lack of manpower due to reverse migration added to the talent crunch which led to faster adoption of apprenticeships by the organisation to train the available local people to create productive resources to take care of demand for essential services and goods. The pandemic has made many organisations to look at apprenticeships as part of talent development and hiring strategy to make it future proof.
How will this further change the overall employment scenario in the nation?
Apprenticeship is the way to channelize youth into formal employment. The trend shows that about an average of 35-40 percent of the apprentices do get absorbed in into employment by the same organisations, and the rest get picked up by the industry due to the on the training they have gone through. The larger adoption of apprenticeship will ensure more formal employment which is good for the socio-economic development of the nation.
While the pandemic has certainly impacted the overall manufacturing industry in an adverse manner, there are also signs of a fresh revival. Do you think the industry will be in a full-fledged revival mode in the first two quarters?
Denne historien er fra Feb 2021-utgaven av The Machinist.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra Feb 2021-utgaven av The Machinist.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
SIMPLE AND SECURE NETWORKING: UMATI CONNECTS THE MACHINE PARK AT UNITED GRINDING
The UNITED GRINDING Group serves a diverse customer base, ranging from small businesses to large corporations, across industries including automotive, aerospace, tool and die, and precision mechanics.
OUR AI-ENABLED PLATFORM ADDRESSES THE CHALLENGES POSED BY THE RETIRING WORKFORCE
In an interview, Vivek Joshi, Co-founder and CEO of Entytle, discusses their Al-enabled platform addressing OEM workforce challenges by automating the knowledge of retiring employees, reducing reliance on slow recruitment. He also explains how the platform preserves institutional knowledge, cleans and unifies data, and identifies growth opportunities, mitigating risks from unfilled positions.
INDIA'S DEFENCE EXPENDITURE AND DEVELOPMENT: FROM INDEPENDENCE TO ATMANIRBHARTA
India’s journey from a nascent post-independence state to a burgeoning global power in defence is a testament to strategic foresight, policy perseverance, and the indomitable spirit of self-reliance. Over the decades, India has gradually shifted from reliance on foreign defence supplies to fostering a robust indigenous defence manufacturing sector, aligning with the broader vision of Atmanirbharta.
ADI'S VISION FOR BMS GOES BEYOND MANAGING BATTERY CHARGE
Analog Devices India ADI) is pioneering advanced battery management systems (BMS) that revolutionise e-mobility. Vivek Tyagi, Managing Director, Field Sales at Analog Devices India, shares the company’s vision for BMS in electric vehicles and its R&D efforts in India.
NEW DEVELOPMENT BENCHMARKS IN MILLING
A look at recent advancements from ISCAR that will have profound impacts on the future direction of milling.
WE AIM TO DOUBLE OUR REVENUE TO RS 6,500 CRORE BY 2025
Kirloskar Oil Engines Ltd. KOEL), a dominant player in diesel engines and generator sets, is setting its sights on doubling its revenue from Rs 3,200 crore to Rs 6,500 crore by 2025. As the company marks 75 years in the industry, in an exclusive interaction, Rahul Sahai, CEO, Kirloskar Oil Engines Ltd KOEL), reflects on its legacy and ambitious plans. With a strong market share of 30 per cent in the diesel generator market, KOEL’s success is rooted in continued investments in technology and infrastructure. Edited excerpts:
TRITON WILL BE RS 500 CR COMPANY IN THE NEXT 3-5 YEARS
In an interaction Jitendra Srivastava, CEO, Triton Logistics Maritime Private Limited spoke about the company’s plans, collaboration and technology adoption in the logistics sector. Edited excerpts...
LEADING THE TRANSITION TO A GREENER, MORE EFFICIENT FUTURE
In an interview with Saishree Mohanty, Anirudh Bhuwalka, CEO of Blue Energy Motors, discusses the company’s efforts to revolutionise India’s trucking industry with LNG-powered vehicles, sustainability initiatives, and future growth plans.
UNVEILING THE PATH TO AI-DRIVEN MANUFACTURING EXCELLENCE IN INDIA
As the industry delves into AI and cloud computing, the article explores the many challenges and opportunities that will influence the future of Indian manufacturing.
DIGITALISATION AND THE POWER OF SAAS FOR SMALL AND MEDIUM ENTERPRISES
As small and medium enterprises SMEs) face increasing pressure to innovate and accelerate time-to-market, adopting digital transformation is crucial. Leveraging Software as a Service SaaS) offers SMEs an affordable, scalable solution to streamline operations, boost productivity, and remain competitive in today’s fast-paced market.
