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Technology evaluation
In order to assess the performance of technology in the major sectors of Indian industry, and to assess the gaps in technology and to suggest possible programmes for R&D and technology upgradation, the Government has initiated studies in various important areas such as fertilisers, steel, cement, mini steel, forgings, foundry, aluminium, so on Over 50 sectors have been identified and in about 30 sectors, studies have .been commissioned. The reports, whenever they come, are widely discussed in industry, government departments and other concerned organisations, and circulated. The reports bring out the need for accelerated effort in technology generation and absorption. Technology demonstration is also envisaged in some important identified areas in order to speedily introduce new technologies. These studies bring out technology gaps and needed thrusts for technology absorption
We see that in 21st century, technology is changing fastly. Now, all work is done online and business shops are using machinery at high level. There are following technological environment factors which affects business.
New inventions to produce the products. New inventions relating to marketing like BPO for selling online in international market.
Indian Govt. has taken many following steps for technological development.
1. Establishment of technological and research institute
Indian govt. has established 500 technological institutes for providing education to Indian students. It has also established 1080 research institutes. In these institutes major names like space research centre, medical research centre and agricultural research centre have developed India technically.
2. Positive Technical policy India has strong and positive technical policy for technological development. This policy opens door to import technology from foreign countries for increasing agricultural and industrial developments. 3. High Growth Rate of Information Technology in India In India, IT sector is developing with 35% growth rate, India is second country after China who is using internet at large scale for e-commerce , e-education and e-accounting .
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