High Level Committee Chaired by PM to Discuss on Manufacturing Policy on 9th June 2011: Anand Sharma Lays Foundation Stone of NMTC & Aeamt at CMTI Bengaluru.

Press Information Bureau

Government of India

Ministry of Commerce & Industry

03-June-2011 17:46 IST

High Level Committee Chaired by PM to Discuss on Manufacturing Policy on 9th June 2011: Anand Sharma

Lays Foundation Stone of NMTC & Aeamt at CMTI Bengaluru

The Union Commerce & Industry Minister, Shri Anand Sharma laid foundation stone of Nano-Manufacturing Technology Centre (NMTC) and Academy of Excellence for Advanced Manufacturing Technology (AEAMT) at Central Manufacturing Technology Institute (CMTI) in Bengaluru today. Speaking on the occasion Shri Sharma said that for pursuing “the key policy thrust for our Ministry which has been engaged in providing a greater push to the growth of manufacturing. We have prepared a draft policy document which will be discussed in the High-Level Committee on Manufacturing, to be chaired by Prime Minister on 9th June 2011. The objective of this policy will be to identify key instrumentalities by which we can augment the share of manufacturing in our GDP from 15% to 25% by 2025. This will entail a growth in manufacturing at the rate of 12-14% p.a., which will be able to sustain the momentum of economic growth in the range of 9% and enable the creation of 100 million jobs in domestic industry by 2025”.

Shri Sharma expressed satisfaction that “the CMTI has been continuously updating its facilities and expertise in thrust areas of manufacturing technology. Digital Design and Product Lifecycle Management, Precision engineering, Rapid prototyping, Mechatronics and Nanotechnology are some of the current thrust areas”. Central Manufacturing Technology Institute (CMTI), established in 1963, is a premier institute and the only of its kind in the country carrying out applied R&D and Pre-competitive R&D in Manufacturing Technology. It is an autonomous body under the Administrative control of the Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce and Industry, Government of India.

During his visit, the Minister laid the foundation stone for a world class Advanced Nano Technology Laboratory (the first such laboratory in the country) as part of the Nano Manufacturing Technology Centre (NMTC) being established at a cost of Rs. 120 crore. He dedicated two state-of-the-art advanced technology systems at the NMTC Laboratory – the Direct Metal Deposition (DMD) system (a Rs. 6 crore equipment and the first of its kind in the country) and the Femto Laser Machining Centre procured at a cost of Rs. 3.8 crores. These equipments would be used for industry focused R & D and Technology development. He also laid the foundation stone for the Academy of Excellence for Advanced Manufacturing Technology (AEAMT) being established at the Institute at a cost of Rs. 20 crores. This is a focused HR initiative with the objective of generating qualified human resource in advanced manufacturing technologies to meet the requirement of “Job Ready Engineers” for the sector.

The Nano Manufacturing Technology Centre (NMTC) and the Academy of Excellence for Advanced Manufacturing Technology (AEAMT) are the Flag Ship Projects of Government of India and funded under the XI Plan by the Department of Industrial Policy & promotion (DIPP), Ministry of Commerce and Industry. The Minister also inaugurated the Advanced Machine Tool Testing Facility (AMTTF) established at CMTI at a cost of Rs. 10 crores. This is a unique Public-Private-Partnership initiative between the Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce and Industry, CMTI and the Indian Machine Tool Manufacturers’ Association (IMTMA) with equity participation from the stake holders.

Later in the evening the commerce & Industry Minister participated in the Industry round Table with CEOs the purpose of convening this Round Table is essentially to have an interactive dialogue with industry to hear the prospects, opportunities and challenges of different industry segments and to identify policy bottlenecks which need to be fine-tuned for giving industrial growth a greater momentum. Shri Sharma during the interaction with the CEO’s commented, South India has been a major driver of growth for India in the last decade, contributing to over 22 per cent of India’s GDP and 28 per cent of its employment. The southern region’s GDP has the potential to reach US $ 700 billion by the year 2016, and approximately US $ 1,200 billion by 2020. Together, the southern regional states represent a GDP of US & 300 billion, which is behind the top 30 economies of the world, out of which, Manufacturing sectors like Textile, Automotive & auto components and Advanced industries includes construction equipment, aerospace and defense, contributes 30, 28 and 6 billion US $, respectively. Karnataka has 70 per cent share in the aerospace and defense sector. Andhra Pradesh accounts for 17 per cent of India's pharmaceutical sector. Tamil Nadu controls 25 per cent of the automotives and auto components sector. It also has a 22 per cent share of India’s textile sector.

The Industry Minister was concerned about the infrastructure as a key bottleneck in the growth of Indian industry. Shri Sharma informed that, “We have conceived National Investment and Manufacturing Zones (NIMZs) as mega investment regions to come up as select growth modes in the country. The Delhi-Mumbai Industrial Corridor (DMIC) is another ambitious project of the Government of India which will see investment of US $ 100 billion. In coming years, environment friendly goods and services will witness a huge demand not only in India but worldwide. “This is a green field area where countries will decisively have the first mover advantage and we need to brain-storm and think of policy instrumentalities to harness the role of Government and private sector to ensure growth of this segment. Green manufacturing is one such area which has high growth potential and would help manufacturing sector to have sustained high growth in the long term perspective” he added.

During his visit, he was accompanied by Shri R.P. Singh, Secretary, DIPP and Ms. Anjali Prasad, Joint Secretary, DIPP.

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DS/GK