In view of the rapid changes that are taking place in Indian
economy due to the policy of liberalization and the fierce global
competition, the Indian manufacturers have to adopt themselves to
the changing scenario. Indian handicrafts and products from its
rural industries have a large global market and can change the
balance of payment positions of India. Also small and medium scale
industries including ancillaries who are traditionally suppliers of
simple and rough machined components are now being encouraged to
involve themselves in highly sophisticated products. The main
objective is to identify, develop and exploit new technologies that
can bolster productivity, quality and commercial viability without
costing the environment, i.e. to develop environment friendly
engineering processes on the principle of agile manufacturing for
which the best candidates are rural and medium scale industries of
India.
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