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Textiles and leather based industries to be biggest job spinners

In a recent report on emerging trends in manufacturing, the World Bank has mentioned textiles, garments and leather based industries will continue to be biggest job creators in low and medium industrialised countries like India.

The world bank report cryptically titled ‘Trouble in the Making?’ has cautioned that widespread use of robotics and 3 D printing will cause a disruptive change in the global manufacturing sector and the first casualty will be jobs.

This is of great concern for countries like India where the large mass of low and zero skilled youth joining the job market can only be absorbed in the manufacturing in the low technology sectors.

Although low skill sectors like garments and leather products will remain comparatively immune from the automation wave, a focus to hi – tech manufacturing has overlooked the traditional industries.

 

 
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