India has the potential to become the third largest economy by 2030 because of the rapid rise of its economy coupled with the demographic advantage of a young productive workforce.
The recent policy initiatives by Prime Minister Narendra Modi highlight export-oriented manufacturing, infrastructure building, export-oriented manufacturing, and urbanization as the pillars of the revamped Indian growth model.
The revised economic development and growth strategy indicates the paradigm shift from the current services-driven growth model to that based on mass deployment of capital and labour. Presently, the Indian economy is heavily dependent on the services sector, with its contribution around 60 percent of the country's gross domestic product (GDP) while the manufacturing sector contributes just about 15 percent.
Between 2015 and 2020, India's productive population is likely to increase from approximately 804 million to about 856 million, and India will need to generate additional jobs for the expanding workforce.
The "Make in India" mission intends to leverage the huge opportunity in the domestic market to capture a significant share of the global demand for affordable and quality products.
India has globally been recognized as a nation where the public and corporate sectors are working in tandem to generate innovative engineering solutions for societal challenges. Over the years, India has built a significant and expanding technological base; a robust and self-reliant public sector; a vibrant private sector; humungous entrepreneurial base across Micro, Small, and Medium Enterprises; substantial number of academic institutions delivering quality engineering education; and a wide array of research organizations across engineering and sciences' disciplines. These characteristics create the unique competitive advantage for organizations and individuals to collaborate, network and develop innovative solutions that generate social benefit while creating a wide range of quality and affordable solutions, services and products for mass consumption.
The third edition of the highly successful Indian Technology Congress (ITC-2015) intends to bring together the key stakeholders of the "Make in India" mission-the Central and State Governments, industry and entrepreneurs, and the workforce to identify the pathways for transforming India as a Global Engineering and Technology Hub.
ITC-2015 provides an effective platform for policy-makers, researchers, engineers, technologists, academicians, and citizens to interact, share knowledge, and deliberate on contemporary themes to arrive at a focused plan and way forward to deploy technology solutions for social needs.
The highlights of ITC-2015 includes Workshops on "Challenges and Opportunities in Bioengineering and Biomedical Devices and Platforms"; and "Crash-worthiness and Design of Road and Rail Vehicles : Design, Testing, Certification and Regulatory Issues", Product Exhibits, and Parallel Technology Tracks with more than 100 invited keynote & technical presentations. Close to 1000 Delegates from Industries and R&D Laboratories and Academia in India and abroad, will be participating in the two-day technology event.
ITC-2015 is being organized by Foundation for Educational Excellence, The Institution of Engineers (India), National Design and Research Forum (NDRF), World Federation of Engineering Organizations (WFEO), Technical Writers of India Network (TWIN), The Institution of Engineering and Technology (The IET), Indian Institution of Production Engineers (IIPE) and other professional associations actively involved with technology promotion.
Message by Dr. LVM
ITC-2015 will strengthen the Indian Engineering Ecosystem to become the global engineering and technology hub by integrating the best practices and contemporary technologies to develop products, solutions, and services. ITC will catalyse absorption of advances in engineering benefitting the stakeholders, participants, delegates and students.