Awards presented to cos. for outstanding R&D achievements
NEW DELHI: The challenge before industry and the Union Government is to grow the manufacturing sector at 14 per cent annually for the next ten years from the present seven per cent to raise the sector's contribution to GDP from 18 per cent to 30 per cent, V. Krishnamurthy, Chairman of the National Manufacturing Competitiveness Council (NMCC), said here on Thursday.
Inaugurating the 20th national conference on `Enhancing India's manu- facturing competitiveness by leveraging Indian R&D' organised by the Department of Scientific and Industrial Research (DSIR) and the Federation of Indian Chambers of Commerce and Industry (FICCI), Mr. Krishnamurthy called for improvement of the climate of innovation, a technology development fund for industry, improving the quality of scientific education and roping in the youth for pursuing sciences and registering for doctoral programmes, and developing capabilities for turning out advanced technology products.
Mr. Krishnamurthy underlined the need for balanced growth of agriculture, manufacturing and services, where the contribution of manufacturing would have to nearly double to meet the employment aspirations of 10 million youth who enter the job market each year.
The Tata spirit
R. A. Mashelkar, Secreatry, DSIR, , alluding to the acquisition of the U.S. company Corus by Tata Steel, said: "We need to rekindle the Tata spirit. Besides using technology to gain competitiveness, we need to acquire technology and Intellectual Property.''
Mr. Krishnamurthy gave away the national awards for outstanding research and development (R&D) achievements and commercialisation of public-funded R&D results instituted by the DSIR.
The awardees were: Shanta Biotechnics, Hyderabad; Jagdish Electronics, Bangalore; Applied Research International Private Limited, New Delhi; Audco India Ltd., Chennai; Ajeet Seeds Ltd., Aurangabad; PTC Industries Ltd., Lucknow; and Lifecare Innovations Pvt. Ltd., Gurgaon.