Month: March 2016

Union Minister Rajiv Pratap Rudy visited Schwing Stetter Operator Training School.

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Entrepreneurs are major job providers, Union Minister for Skill Development and Entrepreneurship, Rajiv Pratap Rudy, said while interacting with reporters at the Schwing Stetter Operators Training School at SIPCOT Industrial Estate, Irungattukottai on Wednesday.

The Union Minister said that entrepreneurs and not the government were the major job providers. He said the Union Government would focus on encouraging more people to become entrepreneurs by including a subject on entrepreneurship in schools and colleges. Further, it had also been decided that skills in youngsters would be identified at the early stage and these youngsters would be helped through the curriculum to hone these skills.IMG_6608

The Ministry of Skill Development and Entrepreneurship had initiated discussions with the Union Ministry of Human Resource Development in this regard, he added.

Stating that there was a huge employment opportunity for youth from rural areas of southern India in the automobile, construction, apparels and retail industries, Mr. Rudy said that in order to help the youth tap these opportunities successfully, the Skill Development and Entrepreneurship Ministry was planning to encourage public-private-partnership model of skill development training in these sectors.

Reported by
Surjeet Kumar (Corporate Communications)

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Mr. Anand Sundresan, VC & MD SCHWING Stetter India talks on Budget2016

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“The huge investment proposed on the infrastructure development like road, airport, railway and power projects will definitely give a fillip to construction equipment manufacturers,” says Anand Sundaresan, Vice Chairman and Managing Director, Schwing Stetter India in an exclusive chat with one of the Construction magazine. According to Sundaresan the road equipment manufacturers are likely to be benefitted the most because of the huge investments planned in the national highway sector as well as in the upgradation of state highway roads to national highway level.

He said, “After a dull period of almost 3 years, the construction equipment manufacturers can look at growth in the coming years. Significant emphasis on irrigation projects and rural road projects under PMGSY scheme will also help the construction equipment industry. This will create enormous opportunities for smaller capacity construction equipment.”

Sundaresan added, “I expect that the current manufacturers will not be able to meet the anticipated demand, which will lead to opening up the opportunity to many new manufacturers.”

“Many sops are also given for the building / real estate industry, which should give a boost to the sick real estate industry. The tax reforms and the expressway created for settlement of disputes on various infrastructure projects and PPP projects are most welcome. Overall the Budget is quite good and progressive and will be an elixir to Make in India concept,” he said.

Reported by
Surjeet Kumar (Corporate Communications)