PSG Polytechnic held its graduation day on Saturday where 446 students received their certificates.

Tata Consultancy Services Pvt Ltd Principal Consultant TS Rangarajan, who was the chief guest was very optimistic and said, “In 2017, India’s economy will enter the top five, surpassing the UK and in 2022 it will be fourth largest surpassing Germany as per the latest IMF forecast. World economy has evolved from agricultural to industrial and from industrial to service during the 20th century.”

The 21st century has ushered in artificial intelligence and automation. All the heavy lifting in economic activity will now be done by machines. It is an era of specialised skills that are either difficult or uneconomic to automate. India with its 65 per cent youth in the working age group is its demographic dividend, he added.

“The PSG Polytechnic College, with its eight-decade-old experience of providing contemporary technical education can take the lead in identifying the right contemporary courses and skills that can provide gainful employment to its students in various economic sectors and create the right teaching and training infrastructure for the same,” said Rangarajan.

PSG College of Technology Principal Dr R Rudramoorthy delivered the presidential address. He also administered the diploma oath to the new graduates. Among the 446 diploma holders who received their certificates, 14 were first rank holders and were given proficiency awards.

PSG Polytechnic College Principal Dr B Giriraj welcomed the gathering.