July 16, 2023
2 mins read

India strides towards becoming skills capital of the world

50 per cent of all employees will need reskilling by 2025, escalating the need to upskill and reskill the employees….reports Asian Lite News

As machines get smarter and the world gets more specialised, India is taking significant strides towards becoming the skills capital of the world.

The government is drawing up an ambitious skilling upgrade plan aimed at training and supplying skilled Indian workers globally while forging partnerships with nearly 30 countries in need of a competent workforce. 

Today, the World Youth Skills Day, is a great reminder of the need to skill and equip our workforce with tools and techniques which will help companies and societies benefit from new changes and also make the workforce future ready. 

Harshvendra Soin, Global Chief People Officer & Head — Marketing, Tech Mahindra states: “This World Youth Skills Day is an excellent opportunity to recalibrate our efforts towards skilling. In the current scenario, there is a need for the workforce to be future-ready and thus, the need to be a part of the reskilling revolution is imperative.”

According to the World Economic Forum’s Future of Jobs report, 50 per cent of all employees will need reskilling by 2025, escalating the need to upskill and reskill the employees.

As organisations are gradually becoming digitally savvy, upskilling employees in future technologies is crucial to avoid any gap between the skillsets available and the organization’s needs. 

As Anku Jain, MD, MediaTek India says: “new-age disruptive technologies such as AI, IoT, ML, and cloud computing have become the core of everything we do, and this momentum demands new digital skill sets.”  

Sqn Ldr Dimple Rawat (Retd), Director HR, Barco India emphasises the need for collaboration and risk-taking to foster a generation of job creators and innovators who will drive India toward a brighter and more inclusive future.

The government’s skilling upgrade plan will focus on specific sector requirements, as part of its multi-pronged strategy to train and supply skilled Indian workers across the globe.

The plan envisages skilling courses, international certification, pre-departure orientation training, soft skills, multi-cultural training and other support for overseas mobility through the 30-odd Skill India International Centres (SIICs) being set up across the country.

Agendra Kumar, MD, Esri India, projects that the Indian Geospatial Industry will generate over 10 lakh jobs by 2025, emphasizing the vast potential in this sector. He believes in partnering with academia to equipping science, engineering, and technology students, youth, and mid-career professionals with geospatial knowledge and skills. 

Leading industry bodies like Telecom Sector Skill Council (TSSC) are also working aggressively to ensure adequate availability of skilled manpower with a focus on young talent to boost growth and productivity in their respective industry sectors. 

India’s focus on skilling serves as a testament to the country’s commitment to empowering its youth, fostering innovation, and building a transformative future through an inclusive approach.

Women are poised to be an important part of this journey as reflected in the latest DivHERsity Benchmarking Report 2022-23, powered by HerKey which reveals that women now represent nearly 50 per cent of employees in surveyed companies, showcasing a remarkable surge of 17 per cent compared to 2021. 

ALSO READ: ‘Online gaming sector’ a viable investment centre for India

Previous Story

IT sector to be cautious towards hiring

Next Story

Samsung Galaxy M34 5G goes on sale

Previous Story

IT sector to be cautious towards hiring

Next Story

Samsung Galaxy M34 5G goes on sale

Latest from Business

Airbus delivers first jet from new China line

Airbus has delivered the first A320neo from its second Tianjin assembly line, expanding production capacity as China’s aviation market continues to grow, reports Asian Lite News Desk Airbus has delivered the first

Hong Kong retains global finance crown in Asia

Hong Kong retains third place in the latest global financial centres index, leading Asia-Pacific while ranking first worldwide in fintech and financial sector development, reports Asian Lite News Desk Hong Kong has

Oracle cuts jobs as AI spending surges

The move follows a substantial reduction in Oracle’s workforce during the company’s latest financial year. Company filings show that its employee count fell by around 21,000, or 13 per cent, during the

India Remittances Surge Over Decade

Digital connectivity has strengthened these links by allowing migrants to share knowledge and expertise remotely while continuing to work and remain economically active overseas…reports Asian Lite News Desk India’s remittance economy has

Apple Bundles TV, Arcade With iCloud+

Apple said the expanded iCloud+ package will roll out in more than 100 countries and regions through the end of September Apple has expanded its technology and subscription ecosystem in India with
Go toTop

Don't Miss

Mamata to Address Oxford, Meet UK Industrialists 

The topic of Banerjee’s Oxford address remains undisclosed. She was

India to set up two new consulates in UK 

Britain will restart talks with India on a free trade