Engineering is a divergent industry with various segments. It contributes majorly in the country’s economy growth & development. The Indian Government has formulated an apex body, Engineering Export Promotion Council (EEPC) to be decisive in matters related to promotion of engineering goods, products and services from India. Moreover, engineering has been de-licensed and 100 percent Foreign Direct Investment (FDI) has been permitted in this sector. Apart from this, the govt. has eliminated tariff protection on goods and lowered the custom duties on various engineering equipment. National Manufacturing Policy was introduced with an aim to upgrade the sector’s share in gross domestic product (GDP) to 25 percent within a decade and generating 100 million jobs by 2022.
Market Size
As per the Frost and Sullivan’s latest study, the automotive engineering services scenario in India is expected to reach $102 million by 2015 as against $74.4 million registered in 2009 with a CAGR of 7.9 percent. Besides, NASSCOM (2006) report states that global spending for engineering services was about $750 billion in 2006. However, by the year 2020 it is estimated to exceed $1 trillion. If you are unable to digest these figures, then something even more surprising is yet to be noted. It is estimated that the engineering exports from India is estimated to touch US $70 billion for the year 2015 recording an upsurge of 15 percent from the previous fiscal year. This hike is due to the rising demands in US and UAE markets. Besides, markets in Eastern and Central European countries such as Poland seems to be promising.
What are the different branch of engineering?
There are several branches of engineering such as, computer science, civil, mechanical, biotechnology, information technology, electronics & communication, electrical, aerospace & aeronautical, chemical, nuclear, systems, automobile engineering and so forth. In the following paragraphs, we shall limit our discussion about the broadest and oldest discipline, mechanical engineering.
Why study mechanical engineering?
This is one of the core branches of engineering and its job market is always considered to be evergreen. If you are inquisitive about how things work, charmed by robots and automobile engines, mechanical engineering may be the right career choice for you. One must be equipped with appreciable aptitude for the science of mechanical engineering before even acquiring some formal education or training in this field.
Courses and Qualification
The available courses are as follows:
B.E/Btech in mechanical engineering
M.E/Mtech in mechanical engineering
Ph.D mechanical engineering
The eligibility criteria for a course in B.E/Btech is 10+2 or equivalent examination with Physics, Chemistry and Mathematics from any recognized board.
Vital skills for a mechanical engineer
No doubt this field is extremely rewarding and ample opportunities are available in both public and private sectors. Utilizing the principles of energy, materials and mechanics, to design the mechanical tools & devices, mechanical engineers implement them in various development works. They must also possess the following skill set-
Complex & analytical problem solving
Critical thinking
Judgement and decision-making
Systems analysis
Operation analysis
System evaluation
Technology design
Time Management
Operation Monitoring
Quality control analysis
Troubleshooting
Management of personnel resources
Social Perceptiveness
Management of material resources
Which industries you can explore with a mechanical engineering degree?
It is true that graduates of this domain find a place for themselves in almost all the sectors of the engineering industry. These include construction industry, aerospace industry, automotive industry, defence industry, electronics industry, marine industry, materials and metal industry, consumer goods industry, pharmaceuticals industry, rail and utilities industry.
Salary
On an average a mechanical engineer can expect salaries around INR 140,833- INR 811,408 primarily depending upon the experience, cost of living, area etc. In this field dedication, discipline, expertise would be the major factors to level up your career.
It would be right to conclude that mechanical engineering has tremendous potential. Going by the current growth status, It is going to be the highest paid job by 2015.
