The Boom of 'Make in India': The Rise of Manufacturing

The Boom of 'Make in India': The Rise of Manufacturing

India is witnessing an industrial renaissance, predominantly triggered by the successful 'Make in India' initiative. This significant policy intervention has an overarching goal: transforming India into a global manufacturing hub. By facilitating substantial foreign investments, the initiative has invigorated India's manufacturing sector, sparking an era of economic dynamism and enhancing India's global economic standing.

The Impact of Make In India

Simultaneously, India's strategic positioning on the global stage has been redefined. Major Original Equipment Manufacturers (OEMs) from the US and Europe are increasingly attracted by India's robust industrial growth. They are establishing parallel supply chains to the ones they have in China, thereby giving a boost to India's manufacturing ecosystem, and highlighting India's role as a key player in the global manufacturing landscape.

This robust growth of the industrial sector is intimately linked with the escalating demand for skilled manpower, particularly mechanical engineering graduates. India's premier institutions, such as the Vishwakarma Institute Of Technology (VIT) and Vishwakarma Institute of Information Technology (VIIT), are at the forefront of this transformation. They are nurturing and producing a pool of highly competent mechanical engineers, equipped with both theoretical knowledge and practical skills. These talented individuals are ready to steer the industrial growth, bridging the gap between academia and industry, and serving as catalysts for India's manufacturing success.

The Role of Premier Education Institutes

Recent placement figures tell an inspiring story. The 2023 batch from VIT and VIIT have witnessed a combined placement of over 280 mechanical engineering students for the last two years. More importantly, the average salary package for VIT has experienced a remarkable surge, jumping from 5.03 lacs per annum for the 2022 batch to 6.2 lacs per annum for the 2023 batch. This signifies a substantial year-on-year growth, indicating the mounting recognition of the value that these graduates bring to the industry and the commitment of the institutions in shaping the futures of their students.

This surge in compensation packages is indicative of an increased demand for mechanical engineers, who have become the linchpin of the flourishing manufacturing sector. They find themselves in the crosshairs of renowned recruiters such as Ansys, Itanta Analytics, JSW, Cummins, Varroc Engineering, Jubilant Pharma, Eaton, Forbes Marshall, Deloitte, and Škoda. These recruiters, known for their discerning hiring practices, are offering lucrative packages that underscore the exceptional talent and skills of these graduates.

Rise of Mechanical Engineering Graduates

As the 'Make in India' initiative continues to fortify the manufacturing landscape, it inevitably paves the way for mechanical engineers. Their roles in designing, analyzing, manufacturing, and maintaining mechanical systems are critical for the effective operation of this thriving industrial ecosystem. Consequently, mechanical engineering is emerging as a coveted career choice, offering both professional growth and financial security.

Institutions like VIT and VIIT are instrumental in this ongoing industrial revolution. By fostering industry-oriented education, these institutions are sculpting a talent pool that is primed to contribute effectively to the manufacturing sector. The emphasis on practical skills, industry exposure, and interdisciplinary learning facilitates the creation of engineers who are not only well-versed in technical knowledge but also equipped with the necessary soft skills to thrive in a dynamic industrial environment. The commitment of these institutions in crafting industry-ready professionals is a significant factor in the successful realization of the 'Make in India' vision.

In conclusion, the 'Make in India' initiative has breathed new life into the manufacturing sector while simultaneously fuelling a bright future for mechanical engineering graduates. The success of this growth story, however, is not standalone. It is intricately linked with the quality of talent nurtured by premier educational institutions like VIT and VIIT. As the manufacturing sector continues to gain momentum, the prospects for mechanical engineers and the role of educational institutions in shaping this narrative will only amplify. This symbiosis of growth is an affirmation of India's evolving identity as a global manufacturing powerhouse, underlining a promising future filled with immense opportunities. The continuation of this growth trajectory promises an exciting and prosperous future for both the Indian manufacturing sector and its pool of mechanical engineers.

Dr. Tushar Somnathe

Head Placements & Corporate Connect

1y

Sir, Keep Inspiring!

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Rohit Wakhare

Technical Head at Build It | Managing Partner at Kaeyote Innovation | Drone & GIS Visionary | Civil Engineer | DGCA-Certified Rotorcraft & UAV Pilot | Photogrammetry Specialist

1y

Congrats Bharat, for this success story of 'Make in India' initiative! It indeed is a testament to the quality of talent nurtured by premier educational institutions like Vishwakarma Institute Of Technology and Vishwakarma Institute of Information Technology. Here's wishing continued growth & prosperity to both the manufacturing sector and its engineers.

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