Nov 9, 2016 - Scrapping Rs500, Rs1,000 currency notes may pull down property prices

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Here's a good Mint/Bain piece urging us to adopt 'Make in India' in a 21st century manner and not simply try to replicate the Chinese model. What this implies is acknowledging the growth of technologies like IoT, 3D Printing and Robotics and the impact these would have on manufacturing job growth. Some of these technologies will take years to develop, but India has a unique advantage in having a large and skilled IT workforce (with thousands being added every year), who are well-placed to take advantage of jobs created due to the advance of new technologies in manufacturing. The software-hardware skllset required for these jobs of the future is something we can excel at, because of our legacy in information technology. Meanwhile, our bottom of the pyramid and unskilled will still need to find jobs in traditional manufacturing.

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