"Technology increasingly underpins all of our lifestyles. Our homes, our places of work, our hospitals and schools, our towns and cities, and the countryside all bear witness to the impact of new technology on the way we live. There is no sign that the relentless advance of technologies, often made possible by radical advances in manufacturing and delivery of services, is slowing down, despite the very real concerns about impact on the environment and on the distribution of wealth.
But globalisation is not quite working out as many were expecting. Emerging economies are not simply cheap job shops' for the west. They are innovative in their own right, increasingly able to compete at the forefront of skills, technology development and use. They are becoming increasingly sophisticated markets for high value-added products and services, sources of skilled people and opportunities for research and business partnerships."
Follow this link to know more from leading academic industrialist Professor Lord Kumar Bhattacharyya of Warwick University on Manufacturing in the Globalised World: Challenges Faced by Companies at a talk co-organised by the Singapore Institute of Management.
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