Technological development plays an important part to influence the industrial productivity. “The application of motive power and mechanical improvements to the process of production has accelerated the peace of industrialisation to an unprecedented degree, and has given us the vision of the vast and unexplored frontiers that still lie ahead of us in the realm of applied science and technology.”
The technological factors include degree of mechanisation, technical know-how, product design, etc. Improvement in any of the technological factors will contribute towards the increase in industrial productivity. In India, application of mechanical power, introduction of semi-automatic and automatic machines, improvements in the production processes, better Morale and Productivity integration of production processes and higher degree of specialisation have contributed a lot towards the increases in industrial productivity.
Technological development plays an important part to influence the industrial productivity. “The application of motive power and mechanical improvements to the process of production has accelerated the peace of industrialisation to an unprecedented degree, and has given us the vision of the vast and unexplored frontiers that still lie ahead of us in the realm of applied science and technology.”The technological factors include degree of mechanisation, technical know-how, product design, etc. Improvement in any of the technological factors will contribute towards the increase in industrial productivity. In India, application of mechanical power, introduction of semi-automatic and automatic machines, improvements in the production processes, better Morale and Productivity integration of production processes and higher degree of specialisation have contributed a lot towards the increases in industrial productivity.
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