MIT Solve

Solution Overview

Solution Name:

Backyard Industries

One-line solution summary:

Backyard Industries to generate opportunities for unprivileged people and provide a tech-based network to connect them with large industries

Pitch your solution.

Creating a tech-based product which will help to manufacture products in small quantities and community network to train the unprivileged population of India to cope up with the emerging manufacturing sector in the country. In the post corona world where Countries are looking at alternate places to establish a Manufacturing Unit, small parts production will be a major player. We aim to provide a network of SME’s with backyard manufacturing units who are trained and skilled to produce the requirements formulated by Large Scale Industries. Training can be handled by those skilled people in the country who might lose their jobs in the Economic Slowdown caused by the Sars-Cov-2. Hence a multifold platform to train and provide opportunity.

What specific problem are you solving?

India's urban unemployment rate soars to 30.9% even as the overall rate rises to 23.4% and similar are the trends globally where people are being laid off in large numbers. This is a huge market for unskilled and skilled people who can be brought together and aim to solve the future problem. The Surge in Countries withdrawing their manufacturing plants from China and further looking for the opportunity in other countries is one of the most important factors. Networking of SME’s with Large enterprises is the biggest problem in the Indian subcontinent, making it impossible for Large scale industries to find the best place to find small parts or to give orders. The biggest problem Apple faced when establishing a manufacturing unit in India was they couldn't get the components and had to import them. “Since most of Apple’s iPhone components are manufactured in places like China, and then sent on to other companies like Foxconn and Pegatron to do the actual assembly work, this could turn out to be a problem — unless there turn out to be companies in India who could replace a significant number of Apple’s existing component manufacturers.”

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What is your solution?

We will provide machinery to help manufacture small components which are required by large industries and we will train workers on how to use those items, building a new skill set for them. We will also help in the generation of jobs for people who are passionate about training others and have a good experience. Now to consume the product that they have manufactured, we will build a network to connect them to large scale companies so that their need for basic components is met and in return, the small scale industries prosper and by this model, a complete chain will be established which will not only save people from unemployment but will also help in nations progress in terms of economic growth.

The process we will follow is very simple, We train the unskilled to produce the components required by Large scale Industries. This training can be done by those who are subject matter experts and are no longer working. Large scale Industries can give orders through the established network and can ask the SME’s to produce within the due date. On which multiple SMEs can bid and get the order.

Who does your solution serve, and in what ways will the solution impact their lives?

Our solution majorly serves the unprivileged population of the nation, people who are unskilled, uneducated, unemployed. Secondly, it will serve the people who have the specific skillset and have experience in their field but they lost their jobs due to automation and machinery as they can provide training to others which are an important part of our solution. So it will generate a lot of jobs in that sector. Our solution will also impact large scale companies because their need for small basic products will be fulfilled by these backyard based small scale industries.

Which dimension of the Challenge does your solution most closely address?

Equip workers with technological and digital literacy as well as the durable skills needed to stay apace with the changing job market

Explain how the problem, your solution, and your solution’s target population relate to the Challenge and your selected dimension.

We are providing a tech-based product and training to use them to target population so we are helping SME’s by enabling them with workers who are digitally literate and have upgraded skills and also creating more jobs because of enhanced demands for small components.

In what city, town, or region is your solution team headquartered?

Delhi, India

What is your solution’s stage of development?

Prototype: A venture or organization building and testing its product, service, or business model

Who is the primary delegate for your solution?

Anshul Yadav