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Chocko

Chocko Valliappa  |293 Answers  |Ask -

Tech Entrepreneur, Educationist - Answered on Mar 26, 2024

Chocko Valliappa is the founder and CEO of Vee Technologies, a global IT services company; HireMee, a talent assessment and talent management start-up; and vice chairman of The Sona Group of education institutions.
A fourth-generation entrepreneur, Valliappa is a member of Confederation of Indian Industry, Nasscom, Entrepreneurs Organization and Young Presidents’ Organization.
He was honoured by the YPO with their Global Social Impact award in 2018.
An alumnus of Christ College, Bangalore, Valliappa holds a degree in textile technology and management from the South India Textile Research Association. His advanced research in the Czech Republic led to the creation of innovative polyester spinning machinery.... more
Nirmalaraju Question by Nirmalaraju on Mar 25, 2024Hindi
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Hello sir my son had completed M tech Robotics and automation and he did UG in B E mechanical and manufacturing He is 2023 pG pass out student still searching for Job opportunities can you suggest what is his job opportunities in Chennai and abroad

Ans: Tamil Nadu is among the only states with a strong presence of Auto, Electronics firm aand many more Fab factories are coming up. Your son needs to research career pages of those companies, look for openings, apply with a strong bio data and he is bound to find himself a job sooner than later.
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R P

R P Yadav  |304 Answers  |Ask -

HR, Workspace Expert - Answered on Mar 14, 2024

Asked by Anonymous - Sep 25, 2023Hindi
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My son is doing MS dual degree in Electronics and communication with research in robotics from IIIT HYDRABAD.What is job opportunities with him after completing his dual degree in robotics in India .
Ans: Certainly! Completing a dual degree in robotics opens up exciting career prospects for your son. Here are some job opportunities he can explore in India:

Robotics Engineer: As a robotics engineer, he can work on designing, building, and maintaining robotic systems. This role involves programming, hardware integration, and problem-solving.
Hardware Architect: Hardware architects focus on designing the physical components of robots, including sensors, actuators, and control systems.
ROS Developer: ROS (Robot Operating System) is widely used in robotics research and development. A ROS developer creates software modules for robots using this framework.
Automation Engineer: Automation engineers develop solutions to automate processes in various industries. They work on integrating robots into manufacturing lines, warehouses, and logistics.
Electrical Engineer: Robotics often involves intricate electrical systems. An electrical engineer can specialize in designing and optimizing these systems for robots.
Project Engineer: Project engineers manage robotics projects from conception to implementation. They coordinate teams, budgets, and timelines.
For experienced professionals, there are higher-level positions such as:

Research Manager: Leading research projects related to robotics and automation.
Senior Robotics Engineer: Contributing to advanced robotics systems.
Motion Planning Specialist: Focusing on algorithms for robot movement.
Senior Research Associate: Engaging in cutting-edge research.
Senior Project Manager: Overseeing large-scale robotics initiatives.
Chief Technical Officer: Providing strategic direction for robotics companies.
Areas of Recruitment: Your son can find opportunities in various sectors, including:

Manufacturing: Robotics is transforming manufacturing processes, and companies seek skilled engineers.
Automobile Industry: Autonomous vehicles and robotics play a crucial role in automotive innovation.
Medical Robotics: From surgical robots to telemedicine, healthcare relies on robotics.
Defense Sector: Robotics is used for surveillance, bomb disposal, and reconnaissance.
IoT (Internet of Things): Robotics intersects with IoT, creating smart devices and systems.
Salary Packages: Fresh graduates with a B.Tech in Robotics Engineering can expect an average salary ranging from INR 4 to 10 LPA depending on the sector and job role. Practical experience and specialization influence pay1.

In summary, the field of robotics offers diverse and rewarding career paths, and your son’s dual degree in electronics and communication with a focus on robotics positions him well for these exciting opportunities!

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Moneywize

Moneywize   |122 Answers  |Ask -

Financial Planner - Answered on Jun 25, 2024

Asked by Anonymous - Jun 13, 2024Hindi
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Ours is a family of 3 people -- My wife, I and my daughter who is 15. I am 39, my wife is 37 and our monthly expenses are Rs 90K. I own my house and expect to have no fixed income after 65 years, and expect to live till 75. Considering the ever increasing price rise what should be my corpus at 65 for me to continue living the life style I am living today?
Ans: Calculating your retirement corpus:

Here's how to estimate the corpus you'll need to maintain your current lifestyle after retirement:

1. Retirement period:

You plan to retire at 65 and expect to live till 75. So, your retirement period is 75 - 65 = 10 years.

2. Inflation adjustment:

You've rightly considered inflation. To estimate future expenses, we need to factor in inflation. A safe assumption for India is 5-7% inflation. Let's take an average of 6%.

3. Current monthly expenses:

You spend Rs 90,000 per month currently.

4. Future monthly expenses:

To find the monthly expense at retirement (at 65), we need to consider inflation for 26 years (39 years till retirement + 10 years retirement).

You can use an inflation calculator online or a simple formula:

Future monthly expense = Current monthly expense * (1 + Inflation rate)^number of years

In your case, Future monthly expense = Rs 90,000 * (1 + 0.06)^26 ≈ Rs 3,28,550 (approximately Rs 3.29 lakh)

5. Total corpus calculation:

Now you can calculate the total corpus needed. Here's a common approach:

Total corpus = Monthly expense * Number of years in retirement * 12 (months)

However, this method doesn't consider the fact that you'll be withdrawing money every month, reducing the corpus. A more accurate method is using the Time Value of Money (TVM) concept. There are online TVM calculators or Excel functions you can use.

Here's an alternative approach that provides a reasonable estimate:

Multiply the future monthly expense (Rs 3.29 lakh) by a factor considering inflation over the period. This factor can vary depending on your risk tolerance and investment strategy. A factor of 200 is often used as a conservative estimate.
Total corpus = Rs 3.29 lakh/month * 200 (factor) = Rs 6.58 crore (approximately Rs 658 million)

Additional factors to consider:

• Daughter's future expenses: Your daughter will be an adult by the time you retire. While she won't be financially dependent, consider any potential future support you might want to provide for her education or marriage.
• Healthcare costs: Healthcare expenses tend to increase with age. Factor in potential medical needs during retirement.
• Debt: If you have any outstanding debt by the time you retire, you'll need to account for its repayment in your corpus calculation.
• Investment returns: The corpus amount assumes a certain rate of return on your investments. Research different investment options and their potential returns to refine your calculations.

Recommendation:

Consult a financial advisor for a personalised retirement plan considering your specific financial situation, risk tolerance, and investment goals. They can help you create a more comprehensive plan and suggest suitable investment strategies to achieve your corpus target.

Remember, this is an estimate. Regularly review your plan and adjust it based on changing circumstances.

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Mayank

Mayank Chandel  |1003 Answers  |Ask -

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Jun 24, 2024

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