Production Engineer’s scope in both India and abroad is on a large scale and is tremendous. With a degree in this course, the candidates are given a job all over various industrial sectors in the market, for example, Pharmaceuticals, the industry of manufacturing, Research labs, Sports, travels, etc. With the perfect blend of management skills and technological skills, disciples can get hired on various jobs such as production manager, process engineer, quality engineers, operations analyst, manufacturing engineer, cost estimators, industrial engineering technicians, logisticians, etc.
- The IT-BPM industry had stood at $177bn in the year 2019 and is only expected to grow and become an industry of $350bn. The IT-BPM sector is the largest contributor to the country’s total exports, and as of 2018, the total services of IT-BPM being exported was 43%. $135 billion was the total revenue generated by the IT services and BPM for 2019-20.
- The total investment attracted by the Indian data center in the year 2020 was $396 million. At its current pace, the IT sector is headed towards an industry of $1 trillion in the digital economy by the year 2022. The country has become the hub of global digital capabilities, with an approximate 75% global digital talent present.
- The jobs in this sector include Engineering Plant Production Manager, Industrial managers, Management engineer, manufacturing engineer, architectural and engineering manager, etc.
- A report given out by the online talent management firm, Wheebox and the Confederation of Indian Industry (CII), says that an estimated 40%of employers in various sectors such as auto and auto components, IT, and others are on a hunt for engineers. This demand is supposed to grow by an estimated 10% for the following year.
- The U.S Bureau of Labor Statistics has estimated that engineering’s job market will grow by 140,000 new jobs between 2016 and 2026. And for India, the most jobs created by any city in the whole vast country is the IT city or Silicon Valley of India, Bangalore. Following Bangalore, the next in line is Delhi-NCR and Pune, standing at the second and third steps. 22% of the job postings come from Bengaluru, and 11% and 10% from Delhi-NCR and Pune. The few other cities are Hyderabad (9%), Mumbai (8%), Chennai (7%), Mohali (4%), and Ahmedabad (3%).
- Few current market trends in the Production Technology sector are Accessible Automation, Mobile robotics, IoT or Internet of Things, Enterprise Resource Planning, Universal Connect-ability, Industry 4.0, AI and Machine Learning, Predictive Maintenance, Supply Chain Technology, Mobile Manipulation, etc.
- It has been accepted that tech is the most significant boost of economic growth of any country, city, or region in the world. The progress in the production technology world helps in the progress of more and more goods and services, which helps in the prosperity of the world.
The various production technology engineer’s responsibilities are implementing production processes and procedures, leading productivity improvements with activities based on projects, improving quality and safety, and reducing the cost of operations.