Whether importing or exporting goods in India, chartered engineers are the most important people to know. They aid in the clearance of the machinery. This article discusses the role and significance of chartered engineers in detail. When it comes to obtaining clearance for the equipment and other shipments, certified engineers are essential. Clearance is required to facilitate the hassle-free import and export of shipments such as used machinery or plants. Many new businesses are unaware of the rules governing the export and import of machinery.  In this article, let us focus on the steps and procedures for becoming a charter engineer in India. 

Chartered Engineer in brief

The highest professional engineering degree available in India is Chartered Engineer India. Many people refer to it as Professional Engineer, and in order to obtain this chartered engineer certificate, one must pass a series of examinations and practical tests. The training process is overseen by the Indian Institute of Engineers. Along with the theory portion, the course includes many multifaceted training sessions and practical sessions. During the chartered engineer certificate course, professors and industry experts provide close supervision. The course cultivates specific skills that allow students to deal with a variety of technical and fundamental problems, which is where the course's complexity lies. Chartered engineering is not widely known in India, despite being the most distinguished accreditation in its field.

Criteria For Eligibility

A candidate seeking to become a chartered engineer in India must have a Bachelor of Engineering degree in any field (civil, mechanical, electrical engineering, etc.)- BE, Btech.

• He must have at least 5 years of professional working experience.

• He must be an Institute of Engineers corporate member in one of the three corporate grades: Fellow, member, or Associate member (AMIE).

• After becoming an organisational member of the Institute of Engineers (India), one will be entitled to the title of chartered engineer for life.

Steps to Become a Charted Engineer

Listed below are the few steps that one must follow to become a chartered engineer in India

Admission to the Engineering Programme

As part of the undergraduate degree, one must enrol in engineering (any stream). Courses such as B.E/B. Tech. or any equivalent course offered by the Indian Institution of Engineers (IIE) are available. It goes without saying that one must perform well in addition to having strong fundamentals in the field.

Engineering Degree and Entry into a Professional Job

If there are no backlogs, one will complete the engineering degree at the end of the fourth year. Then one must join any organisation because professional experience is required. Before proceeding to the next step, one must have a minimum of 2-5 years of work experience.

Enrol in the IIE Eligibility Programme.

After completing the undergraduate engineering programme and gaining two years of work experience, one will be eligible to apply for the IIE's Chartered Engineer qualification. Once one has been determined to be qualified for the qualification, the IIE will review the situation and guide one through a series of academic knowledge and tests.

Pass the Examination and Become a Chartered Engineer

To obtain a chartered Engineer badge, one must pass certain tests after enrolling in the Charted Engineer course.

A Chartered Engineer's Roles and Responsibilities

Chartered Engineers are distinguished by their ability to provide appropriate solutions to complex engineering issues using existing or new technologies through creativity, innovation, and technical, and fundamental evaluation in a variety of fields. Listed below are a few roles and responsibilities of a Chartered Engineer in India

Provide certificate issuance

Between countries, various types of machinery, heavy instruments, and industrial equipment are imported and exported. According to Indian government regulations, only chartered engineers are authorised to provide them.

Industrial Equipment Shipping Inspection

Chartered Engineers are only permitted to validate and inspect industrial equipment or machinery prior to shipping. This task, like the issuance of the certificate, should be carried out under the supervision of chartered engineers.

Analyse issues and propose solutions

Organisations frequently require chartered engineers to assist them in growing by identifying and eliminating problems. As a chartered engineer, one must examine the situation and propose a viable solution that is in the best interests of the organisation.

Plant and machinery should be valued.

Organisations put together a balance sheet at the end of the fiscal year in March. The assets and liabilities should be correctly matched. That is where chartered engineer individuals with certificates come in. It is critical to evaluate and record the correct value of plants and machinery.

Determine Market Value

The prevailing market value of any industrial equipment, plant, or machinery is critical because it affects capital gain and other financial aspects. A chartered engineer is required to determine the market value of plants and machines.

Validation and valuation are performed during mergers and acquisitions.

Mergers and acquisitions are significant financial challenges in businesses. Many factors, such as valuation, records, legal terms, and government norms, must be considered when creating a value-oriented organisation. Chartered engineers assist M&A expert panels in correctly valuing and validating assets (equipment, plant, machinery, spare parts).

Participation in the Auction Process

An auction process entails the proper valuation and validation of assets in order for the auction price to be desirable. In India, chartered engineers are required in the auction process conducted by banks, just as they are in mergers and acquisitions.

Career Scope

In India, there are numerous options available after being certified by a chartered engineer. In banks, insurance companies, and financial organisations, you can work as a valuer or loss assessor. As a chartered engineer, you can work in Central Excise and Customs, High Courts, and other government agencies. You may be able to work as a panel member of an organization's M&A team. As a chartered civil engineer, you can work on civil works for various government projects. You can work as an independent consultant in India and other countries.

Top Chartered Engineer Recruiting Firms

Both public and private companies hire chartered engineers—hiring in high courts, government agencies, and so on. Bodies such as the Central Board of Direct Taxes and Customs and the Income Tax Department can be seen. 

A Chartered Engineer's Salary

The average salary for a chartered engineer in India is 21.1 lakhs. Employees' earnings vary according to their years of experience and job profile. A project advisor and chartered engineer can earn between 25 and 30 lakhs per year.

Conclusion

Chartered Engineers are distinguished by their ability to develop appropriate engineering solutions using new or existing technologies, as well as through innovation, creativity, and change. Chartered Engineers are involved in a variety of technical and commercial leadership roles and have strong interpersonal skills. Chartered Engineers are highly valued by corporations, governments, and large industries in India.