IISc and TalentSprint partner to power India’s digital transformation in manufacturing
Fri, Jul 9, 2021
BENGALURU, 7 July, 2021: Industry 4.0 is fuelling the emergence of smart factories globally, across diverse verticals such as FMCG, automotive, healthcare, aerospace and defence. Adoption of connected and intelligent digital technologies is transforming traditional manufacturing shopfloors into smart factories, enhancing productivity, profitability, compliance and customer delight. According to Mordor Intelligence, the digital manufacturing market is growing at 19.48% CAGR and will reach $767.82 billion by 2026, with fastest growth in APAC. In India, COVID 19 has significantly catalysed shopfloor digitalization. According to a recent Gateway House study conducted in partnership with EXIM Bank, digital transformation in manufacturing is the next leap for India’s tech leadership, and several govt campaigns such as Make in India, Digital India and Atmanirbhar Bharat are all aimed to make it a success.
Widespread adoption of AI, IoT, Analytics, Robotics, AR, VR, Cyber Security, 3D Printing and Additive Manufacturing is creating a huge demand for technology savvy professionals who can lead digital transformation in the manufacturing sector. A Gartner survey shows that 57% of manufacturing leaders feel their organizations lack skilled workers needed to support digitalization plans.
The PG Level Advanced Certification Programme in Digital Manufacturing and Smart Factories, announced today by the Indian Institute of Science, India’s #1 NIRF ranked university and TalentSprint, a leading EdTech company from the NSE Group, aims to build professional digital expertise for the manufacturing sector.
The five-month programme, coordinated by the Centre for Product Design and Manufacturing (CPDM) at IISc, is ideal for current and aspiring smart factory strategy and management professionals as well as those in IoT, automotive, aerospace, FMCG, pharma, energy, metallurgy industries which are high potential smart factory adopters. Participants will learn from a 15+ strong interdisciplinary faculty group comprising Product Design and Manufacturing, Mechanical Engineering, Electronics Systems Engineering, Materials Engineering, Computer Science and Automation Departments at IISc. Live interactive masterclass lectures on TalentSprint’s patent-pending digital learning platform ipearl.ai, hands-on labs using state-of-the-art digital tools and live project implementation at IISc Smart Factory Labs are some of the highlights of the program.
Announcing the programme, Prof Amaresh Chakrabarti, Head of CPDM, IISc, said: “CPDM is renowned for excellence in teaching, research and industry interactions. We rank among the top design schools in the world specializing in training and development of hardware products and manufacturing systems, alongside centres in Stanford, Delft, Cambridge and CMU. Our M. Des, M. Tech, and research programs have always attracted some of the best students from India and abroad. We are very pleased to announce the PG Level Advanced Certification Programme in Digital Manufacturing and Smart Factory which will now allow us to offer our research expertise to train industry professionals and power Industry 4.0 adoption in India. The programme will benefit from hands-on exposure and interactions with tools at IISc Smart Factory – a Common Engineering Facility Centre (CEFC) under the SAMARTH Udyog Bharat 4.0 Programme of the Department of Heavy Industries, Government of India.”
Santanu Paul, CEO and MD, TalentSprint said: “Technology disruption has created newer and smarter ways of doing business in today’s interconnected world. Traditional manufacturing needs to transform into digital enterprises to meet growing customer demands, beat competition and stay compliant. In India, the manufacturing sector is vital to the country’s digital transformation strategy and COVID 19 has accelerated its digitalization. The possible realignment of supply chains away from China offers a significant opportunity for India to modernise its manufacturing. We are delighted about this program, our fifth with IISc, which will train professionals to become key drivers of Industry 4.0 and steer India towards self-reliance.”
Applications are now open for the first cohort of the PG Level Advanced Certification Programme in Digital Manufacturing and Smart Factories, which starts in September 2021. Please visit the program page (link) to know more and apply.
About TalentSprint: TalentSprint, an NSE group company, brings transformational high-end and deep-tech learning programs to young and experienced professionals. The company’s digital platform ipearl.ai offers a hybrid onsite/online experience to seekers of deep technology expertise. TalentSprint partners with top academic institutions and global corporations to create and deliver world class programs, certifications, and outcomes. It is a leading Innovation Partner for the National Skill Development Corporation, an arm of the Ministry of Skill Development and Entrepreneurship, Government of India. https://talentsprint.com/.
About IISc: Established in 1909, IISc is India’s leading university (NIRF Number 1 rank) in advanced education and research in the sciences and in engineering. From its beginnings, IISc has laid equal emphasis on fundamental investigations and the solution of practical problems in such a setting. IISc’s reputation and pre-eminence ensures that it attracts the best of young faculty members and students from across the world. IISc aims to be among the world’s foremost academic institutions through the pursuit of excellence in research and promotion of innovation by offering world-class education to train future leaders in science and technology and by applying science and technology breakthroughs for India’s wealth creation and social welfare. https://www.iisc.ac.in/
About National Stock Exchange of India Limited (NSE): National Stock Exchange of India (NSE) is the world’s largest derivatives exchange by trading volume (contracts) as per the statistics maintained by Futures Industry Association (FIA) for calendar year 2020. NSE is ranked 4th in the world in the cash equities by number of trades as per the statistics maintained by the World Federation of Exchanges (WFE) for calendar year 2020. NSE was the first exchange in India to implement electronic or screen-based trading. It began operations in 1994 and is ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995, based on SEBI data. NSE has a fully integrated business model comprising exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings. NSE also oversees compliance by trading and clearing members with the rules and regulations of the exchange. NSE is a pioneer in technology and ensures the reliability and performance of its systems through a culture of innovation and investment in technology. https://www.nseindia.com/
About NSE Academy Limited (NAL): NSE Academy Limited is a wholly owned subsidiary of National Stock Exchange of India Limited (NSE). NSE Academy promotes financial literacy as a necessary life skill. NSE Academy’s initiatives, including partnerships with state and national school boards and schools, interactive courses on personal finance and certification programs, teaching school children, homemakers, and other non-finance professionals the value of investing, provide an introduction to the Indian capital markets and help to develop new market professionals. As an auxiliary part of its services/business, NAL has also launched various international certificate and PG programs to empower and develop the skill sets that may enhance ability of younger generation further and also to be competitive in the international financial sector. NAL’s cutting edge content is embedded into the PG programs offered by various higher educational institutes to develop future ready BFSI professionals. The courses offered by NAL are a valuable addition to the learning journey of universities and college students for bridging the employability gap.