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Showing posts from July, 2020

Global growth of engineering research and development market.

Engineering Research & Development (ER&D) market enjoys fast paced growth globally. India by 2022, is projected to handle $42 billion in ER&D through indigenous Product Engineering work and outsourced services. The Indian context: India produces two lakhs Mechanical engineering graduates annually; Meager 6% employability in Design jobs. Projected talent shortage is tens of thousands [2020-’22]. Up-skilling needed for thousands of Mechanical engineering graduates for enhancing employability and GDP growth. Similar figures for Electronics engineering with 7% employability in Product Development jobs. Careers: Product Development industry in India & overseas needs Design/CAE/CAD/Proto/Test engineers. ISRO in Trivandrum contracts engineers with ProMeX certification. R&D institutions & establishments in Electric Mobility - KAL & CET-TrEST Park and Companies need Design & CAE engineers. Post-graduates needed for ASDC skilling initiative by Kerala

Industry Relevance & Company Connections for iNCAETEK's Initiative In Product Development

Uniqueness of the scheme, market relevance of the domain, commitment to quality & business and the very involvement of industry veterans in daily operations help iNCAETEK to garner big endorsement from Education & Government and as well as enjoy client goodwill. To elevate the business success to an altogether different level, industry endorsement is required on a far higher scale. Accreditation of training programs by niche companies, customised corporate training programs, hiring of skill-certified candidates and partnering on Product Development project delivery, form the ongoing involvement of industry in iNCAETEK’s business. Focusing on development of dedicated employment channels for direct-pick or through Recruit-Train-Deploy (R-T-D) scheme will boost training business significantly. Success of training programs yet :- ProMeX : Skills Training in Product Development for Engineering graduates & Post-graduates [3 months]: 80% employability success at