Steel min seeks data on manpower needs
Steel Ministry asks Indian Institute of Metals to conduct study on manpower required in the sector.
By TNN |
KOLKATA: The steel ministry has asked the Indian Institute of Metals (IIM) to conduct a detailed study on manpower required at every level in the backdrop of huge capacities being added in the country’s metals sector. The move comes at a time when the metals industry is poised for a quantum leap but is hamstrung by an acute shortage of top quality field professionals.
The study, which is to be completed within December 2007, will look into the sector’s needs vis-a-vis growth plans announced by domestic and foreign companies and global M&A activity. More significantly, it will also suggest adequate measures that need to be taken to boost education and training facilities to create a pool of resources. In particular, Indian companies have been really aggressive in the global scene which has also led to demand for metal sector professionals. The deals include, Tata Steel-Corus, Essar Steel-Algoma, Jindal’s acquisition of El Mutun iron ore mines in Bolivia, Hindalco-Novelis, to name a few.
“Manufacturing is the mainstay of any developed economy. The IT sector can only grow on a strong base of manufacturing industries. Hence the need to attract students, develop and train minerals and metallurgy professionals,” Mr B Muthuraman, managing director, Tata Steel and the outgoing president of IIM told reporters at a press meet in the city, preceding the institute’s 61st annual general meeting on Tuesday. Srikumar Banerjee, director, Bhaba Atomic Research centre (BARC) was inducted as the new president of the IIM.
With this objective, IIM has decided to set up new centres of excellence at Kalpakkam near Chennai and in Jamshedpur to cater to the growing need for professionals in the metallurgy and mineral based industries.
The study, which is to be completed within December 2007, will look into the sector’s needs vis-a-vis growth plans announced by domestic and foreign companies and global M&A activity. More significantly, it will also suggest adequate measures that need to be taken to boost education and training facilities to create a pool of resources. In particular, Indian companies have been really aggressive in the global scene which has also led to demand for metal sector professionals. The deals include, Tata Steel-Corus, Essar Steel-Algoma, Jindal’s acquisition of El Mutun iron ore mines in Bolivia, Hindalco-Novelis, to name a few.
“Manufacturing is the mainstay of any developed economy. The IT sector can only grow on a strong base of manufacturing industries. Hence the need to attract students, develop and train minerals and metallurgy professionals,” Mr B Muthuraman, managing director, Tata Steel and the outgoing president of IIM told reporters at a press meet in the city, preceding the institute’s 61st annual general meeting on Tuesday. Srikumar Banerjee, director, Bhaba Atomic Research centre (BARC) was inducted as the new president of the IIM.
With this objective, IIM has decided to set up new centres of excellence at Kalpakkam near Chennai and in Jamshedpur to cater to the growing need for professionals in the metallurgy and mineral based industries.
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