Global additive manufacturing
Part of: Prelims and GS-III Economy
Context: The Ministry of Electronics and Information Technology (MeitY) aims to increase India’s share in global additive manufacturing to 5 per cent within the next three years.
- It is also hoped that it could likely add $1 billion to the gross domestic product by that time.
- As per the National Strategy for Additive Manufacturing, by 2025, India will aim to achieve certain targets such as:
- 50 India specific technologies for material, machine and software,
- 100 new startups for additive manufacturing,
- 500 new products.
- In total, MeitY hopes that these new startups and opportunities will give jobs to at least 1 lakh new skilled workers over the next three years.
About additive manufacturing
- 3D printing or additive manufacturing uses computer-aided designing to make prototypes or working models of objects by laying down successive layers of materials such as plastic, resin, thermoplastic, metal, fiber or ceramic.
- With the help of software, the model to be printed is first developed by the computer, which then gives instructions to the 3D printer.
News Source: IE