Country Managing Director & VP, Siemens Industry Software India Pvt Ltd
In India, Siemens has over 25-27 thousand people, but it still finds it difficult to hire the right set of resources that are important for growth and development. The challenge is missed opportunity: the missed opportunity of forming capital. If China can be the manufacturing hub of the world, nothing stops India from being the knowledge hub. It is necessary that the education that is being provided in our academic circles should be relevant to the industry.
Localisation of education is important. But at the same time, the globalisation of education cannot be ignored; we can always draw important inferences from the educational initiatives that are being implemented in advanced countries. However, advanced countries are facing the issue of ageing population, whereas India has a very large young population. The Indian youth should be given advanced skills in global context to make India a knowledge economy.