Role of Technology in Manufacturing Units

Ankur Agrawal

Paradigm, 2001, vol. 5, issue 2, 1-11

Abstract: Technology is defined as the know-how to transform concepts into products and services for the satisfaction of consumers/customers. Technology, according to the Indian philosophy is like ‘god’ and can produce anything and everything on earth provided it is ordained by the creator to the inventor/ builder god ‘Vishwakarma’. Technology as created by Vishwakarma, can convert the impossible into possible. Technology in its forms would include know-how. know-why, designs , drawings, specifications, manufacturing process, management information system, training, retraining, etc. Pt. Nehru stated that the creation and adoption of new scientific techniques can, in fact, make up for deficiency in natural resources and reduce the demands of capital. Now-a-days, it has become a readymade instrument to solve labour problems which were considered in the Marxian age as indomitable.

Date: 2001
References: Add references at CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0971890720010202 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:padigm:v:5:y:2001:i:2:p:1-11

DOI: 10.1177/0971890720010202

Access Statistics for this article

More articles in Paradigm
Bibliographic data for series maintained by SAGE Publications ().