Industry-Institution Partnership: Impact on Globalisation

In this paper, it has been pointed out that the concept of globalisation is as old as man himself. The stock of the present concept of globalisation has been taken. Industrialization is widely accepted as a means of globalisation. Technical education plays a vital role in promoting effective industrialization. It has been advocated that a healthy and close partnership between industry and institute can turn a country globally competitive. However, this paper is confined to only a few vital aspects, such as, human resource needs, training strategies, resource sharing, etc., of such relationship. Some suggestions in respect of these aspects have been made. The paper, it is believed, can prove a thought provoking one and a useful guideline to all concerned.