Seminar on Terotechnqlogical Impact on Equipment Design:An Appraisal

Level of technology in uie, io a society ia manifested in its competitiveness in the international matket. In other words, export petformance of a country is an indirect, but dominant index of appropriateneu of technology in the production system though admittedly other economic factors like availability of resources, both natural and human, also play vital role. Let one look at India from this perspective. Once a leading exporter of tea and jute, India loses in the face of competition from other countries. India's share in the total volume of international trade is only a miniscule 0.4 percent to>day as against 4 percent in 1960's and about 50 percent upto the end of the 17 th century. "Indians were famous for their reliability, honesty, truthfuineas, skill and diligence"—so goes the report of the Industrie Commission¹ set up by the then British Government in 1916.