The Indian Institute of Science (IISc) has taken steps towards strengthening India’s manufacturing sector with the launch of Pravriddhi, a nationwide product accelerator programme.
The initiative is spearheaded by IISc’s Foundation for Science, Innovation, and Development (FSID).
Strengthening Collaboration Across Sectors
IISc Launch Pravriddhi aims to foster collaboration between leading Indian institutions, businesses, and investors to boost domestic research and development (R&D) capabilities.
By connecting enterprises with academic institutions and research labs, the programme facilitates a platform for innovation in manufacturing.
This collaborative approach aims to address key challenges in the sector and drive technological advancement.
Focus on Market-Oriented, Design-Led Manufacturing
At its core, Pravriddhi focuses on adopting market-oriented, design-led manufacturing strategies. These strategies are crucial for enhancing India’s competitiveness in the global market.
The initiative aligns with the country’s broader economic aspirations, particularly the Viksit Bharat 2047 vision, which aims to position India as a USD 30 trillion economy by 2047.
As part of this vision, manufacturing is expected to contribute a significant quarter of this growth.
Addressing Challenges in the Manufacturing Sector
Despite its vast potential, India’s manufacturing sector faces several obstacles, including heavy import dependencies, fierce global competition, and skill gaps within the workforce.
Professor Govindan Rangarajan, IISc Director, highlighted that through Pravriddhi, industries will gain access to IISc’s world-class facilities and cutting-edge R&D capabilities. They will also benefit from a broad network of partners across the country.
Creating Excellence Hubs for Innovation
A key feature of Pravriddhi is its plan to establish excellence hubs across India. These hubs will focus on specific technology domains, acting as focal points for innovation.
These centres will facilitate research, development, and collaboration. They will drive progress and accelerate technological advancements across India’s manufacturing landscape.
As reported by knnindia.co.in, Pravriddhi is set to play a transformative role. It will contribute significantly to India’s journey towards becoming a global manufacturing powerhouse. It will support both innovation and industry collaboration on a national scale.
