Industrial Diploma
Industrial diploma production is a measure of changes in output for the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Although these sectors contribute only a small portion of GDP (Gross Domestic Product), they are highly sensitive to interest rates and consumer demand.[citation needed] This makes Industrial Production an important tool for forecasting future GDP and economic performance. Industrial Production figures are also used by central banks to measure inflation, as high levels of industrial production can lead to uncontrolled levels of consumption and rapid inflation.
Eligibility & Admission
10th pass with a minimum 50% of marks.
Fees
Total Fees-70,000 (Tuition Fee 40,000 + Laptop + Dress + Book 30,000).
Higher Studies
There are further opportunities for B.Tech and M.Tech for the diploma holders in this sector but there are very limited seats.
There are also PG Diploma and short-term Certificate courses in production management. The basic eligibility and course duration are bound to vary for these courses.
Job prospects
Industrial Diploma engineer is offered a well paid job in the industries producing consumer products as well as other essential items. The remuneration is good and a production engineer has higher posts in the industries.
Employers
Because of the broad-based nature of the course, production and industrial engineers can work with all types of engineering and manufacturing industries in the private and public sectors.