Business Other News 16 Feb 2016 Don’t opt for robo ...

Don’t opt for robotics: Nirmala Sitharaman

Published Feb 16, 2016, 1:20 am IST
Updated Feb 16, 2016, 1:20 am IST
Commerce minister Nirmala Sitharaman
 Commerce minister Nirmala Sitharaman

Mumbai: Amidst growing concerns about robots and automation replacing human labour in the next wave of industrial revolution, commerce minister Nirmala Sitharaman requested the industry to restrict the use of robots to high-end technology saying India can’t afford to leapfrog to robotics as millions of aspiring youngsters are coming out of the universities seeking employment.

However, industry leaders claimed that new industrial revolution would in fact create demand for more specialised skill sets and India needs to come out with a long-term skill policy to meet the future demand.

According to them, India need to embrace the ‘fourth industrial revolution’ as it will ensure a level playing field between developing and developed countries.
While speaking at the Maharashtra Investment Seminar organised during the Make In India Week, the minister told the industry not to forget the demographic dividend the country enjoys.

Responding to the minister’s concern, Bharat Forge chairman Baba Kalyani said the skill set required to meet the demand of the next round of industrial revolution is still unknown. “There is a global consensus that over 65 per cent of jobs required for the new industrial revolution is unknown. It is going to create jobs for which specialised skills are required,” he said.



More From Other News