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Technical Education Interventions for

Make in India and Digital India

Initiatives – Some thoughts

Prof. Vedavyas MG

Professor of Strategy and Entrepreneurship

Faculty of Management

PES University

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Technology leads to Wealthcreation

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Example-

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Productivity Tools over centuries

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Next great productivitytool?

INTENET !" T#IN$S

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Imperatives %ased onhistory

•  echnical education *imparted the right+ay, is -ey to innovation anddevelopment

• Innovation should result in valueaddede/ports and not resources e/ports

• 0oth formal and informal education

help in innovation• E/posure to pro$lems is critical

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&I$IT'( IN&I'

#ational connectivity1 ccess1 Empo+erment

Multifold increase in mar-et si3e1 4evel playing 5eld

*opportunities,16uge talent pool availa$ility1 7eduction in migration

 echnical education penetration1 !onnected universities1Education delivery at a distance1 Virtual universities +ith +ide

geographic coverage

+areness of local pro$lems1 large data analytics1 solution scaling

Glo$al access1 4ocal 8o$s1 4ocal prosperity

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)'*E IN IN&I'+ )'*E"! IN&I'

Mega manufacturing hu$s a+ay from cities1 Mega industrial par-s

4arge ecosystems around industries1 echnical:engineering s-illre;uirement

 echnical education for demographic dividend1 Scale1 Factoryapproach1 4everage I! and Io

Glo$al access1 4ocal 8o$s1 4ocal prosperity

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ST'T-,P IN&I'Many challenges in country = Many opportunities

Frugal innovation > solve local pro$lems1 ta-e the solutions to restof the +orld

I! +ill ena$le solutions in unorgani3ed sector

0ring nonformal s-ills into technical education ecosystem? manyentrepreneurs are failures at formal education

Give @need$asedA technical education to potential entrepreneursto help them startup and scale > there is a lot of talent out there

Involve young successful entrepreneurs in creatingentrepreneurial ecosystem > they have a @Bust Co ItA attitude

Pro$lems out there have to $e understood $efore solutions can $efound > $eing @in touchA +ith society1 4et Universities $ecomeVenture !apitalists

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What ind of technicalsills?

• &igital India – I! *through higher education,

 – Ciusion of I!

 – Gro+th management for scale

• )ae in India – Process technologies – Comain -no+ledge *speciali3ed higher education,

 – Vocational technical s-ills

• Internet of Things – !utting edge technical -no+ledge *through research,

 –

Vocational technical s-ills *for accelerated diusion,• Start-up India

 – Street smart s-ills *e/posure to local pro$lems,

 – $ility to apply technical s-ills to create innovative solutions

 –  $ility to pac-age solutions for e/port and scale them

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What should .emeasure?

• e should $other as much a$out ho. manysocietal pro%lems .e have solved as thenum$er of PhCs produced

•

e should +orry as much a$out ho. manyentrepreneurs .e have created as ho+many students got placed in ier& companies

• e should $e proud a$out ho. much .e are

reaching out to the rural areasas ho+ many

top ran-ed students 8oined us

• …… many more questions to ask and changehow we measure ourselves

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"rugal Innovation

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&'ISE !onvention "th #ovem$er2%&'

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