TRAINING FOR PRODUCTIVITY: KEY TO ACHIEVING GLOBAL COMPETITIVENESS IN MANUFACTURING

After witnessing the global presence and leadership in offering services in the IT/ITES sector, India is gearing up to show its mettle in the manufacturing sector. Manufacturing industry is being promoted as the key source for employment generation and also a key contributor for country’s GDP. The Modi government’s campaign towards ‘Make in India’ has given new hopes to the country’s unemployed to be hopeful and boosted the pace of investments in manufacturing industry. Though the manufacturing industry has come up with high end automation facilities, the competitive advantage has still been the manpower behind the organizations. These organizations that are keen to become the giant players in their respective industry are marching ahead to empower their manpower with competence of skills. Thus the importance of industrial training is being highlighted. The direct impact of training is seen in productivity of employees. The present paper discusses the concepts of training and productivity in relation to the manufacturing industry. Labour Productivity being the key factor in global competitiveness, it requires considerable attention. The global trends in dealing with productivity and training are also discussed. The paper also glances into the impact of training on productivity through which the achievement of organization objectives like efficiency and economy is possible