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For better future

The industry

would require 30,000 engineers in the next 10 years

To achieve

economic growth steel production has to go up

Industry and

academia should work together

Kolkata, Aug. 11

The Indian Institute of Metals has stressed upon new imperatives for generating trained human resources to meet the growing needs of the metals industry, both ferrous and non-ferrous.

Addressing a news conference on the occasion of the 60th annual general meeting of the institute here on Friday, its new Chairman, Mr B. Muthuraman, Managing Director of Tata Steel, said the services sector had lately emerged as a more-preferred career option for young people.

Focus on students

However, for economic development and creation of wealth, the country would have to depend upon manufacturing. Going by the capacities that were being created, the metals industry both ferrous and non-ferrous would require an additional 30,000 engineers in the next 10 years. "We need to inculcate among young minds, the aspiration to join the metals industry," he said.

He said the per capita steel consumption in India was a mere 30 kg at present, compared with 400-500 kg in developed countries and the world average of 160 kg. "To achieve economic growth and emerge as a developed nation, steel production in India has to go up to 300-400 million kg. The industry will need appropriately skilled human resources to serve the cause of national growth," he said.

Working together

Dr Baldev Raj, Director of Indira Gandhi Centre for Atomic Energy and immediate past President of the institute, said the organisation was also focused on facilitating industry-academia partnerships, especially in areas of research. Industry and academia would work together on models that would ensure economic growth on a sustainable basis, he said.

(This article was published in the Business Line print edition dated August 12, 2006)
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