 "'Industries to require 109 mn skilled workforce over next decade'")
India will need close to 109 million skilled workers over the next decade, according to human resource and skill requirement reports commissioned by the National Skill Development Corporation. The report was authored by the consulting firm KPMG..
Rajiv Pratap Rudy, minister of state (independent charge), skill development and entrepreneurship, on Thursday released the reports on 24 sectors.
According to the findings of the reports, the incremental human resource requirement across these sectors is nearly 109.73 million, whereby the top 10 sectors, including automobile, retail, handloom and leather, account for about 80 per cent of the requirement. Considering the overlap in the human resource requirement across number of sectors the number is 119.73 million while the unique number for human resource requirement is 109.73 million.
The objective of these skill gap reports is to understand the existing sectorial and geographical spread of skill requirements. The figures have been estimated on the basis of extensive stakeholder engagement including small, medium and large enterprises in every sector as well as Sector Skill Councils (SSCs), training providers in the skills space and academia. The skill gap studies provide a granular data on the skill gaps for two time periods- 2013-17 and 2017-22.
Dilip Chenoy, Managing Director and CEO, National Skill Development Corporation (NSDC) explained that these studies have been conducted through extensive primary interaction with key stakeholders including industry, training providers, trainees, sector skill councils and government. More than 1000 industry experts, 19 Sector skill councils, 110 training institutions and 1500+ trainees have been engaged for the studies.
Rajiv Pratap Rudy, minister of state (independent charge), skill development and entrepreneurship, on Thursday released the reports on 24 sectors.
According to the findings of the reports, the incremental human resource requirement across these sectors is nearly 109.73 million, whereby the top 10 sectors, including automobile, retail, handloom and leather, account for about 80 per cent of the requirement. Considering the overlap in the human resource requirement across number of sectors the number is 119.73 million while the unique number for human resource requirement is 109.73 million.
The objective of these skill gap reports is to understand the existing sectorial and geographical spread of skill requirements. The figures have been estimated on the basis of extensive stakeholder engagement including small, medium and large enterprises in every sector as well as Sector Skill Councils (SSCs), training providers in the skills space and academia. The skill gap studies provide a granular data on the skill gaps for two time periods- 2013-17 and 2017-22.
| Serial No | Sector | Employment Base in 2013 (in million) | Projected Employment by 2022 (in million) | Incremental Human Resource Requirement (2013-2022) |
| 1 | Auto & Auto Components | 10.98 | 14.88 | 3.9 |
| 2 | Beauty and Wellness | 4.21 | 14.27 | 10.06 |
| 3 | Food Processing | 6.98 | 11.38 | 4.4 |
| 4 | Retail | 38.6 | 55.73 | 17.13 |
| 5 | Media & Entertainment | 0.4 | 1.3 | 0.9 |
| 6 | Handlooms & Handicrafts | 11.65 | 17.79 | 6.14 |
| 7 | Leather and Leather Goods | 3.09 | 6.81 | 3.72 |
| 8 | Domestic Help | 6 | 10.88 | 4.88 |
| 9 | Gems & Jewellery | 4.64 | 8.23 | 3.59 |
| 10 | Telecommunication | 2.08 | 4.16 | 2.08 |
| 11 | Tourism, Hospitality & Travel | 6.96 | 13.44 | 6.48 |
| 12 | Furniture & Furnishing | 4.11 | 11.29 | 7.18 |
| 13 | Building, Construction & Real Estate | 45.42 | 76.55 | 31.13 |
| 14 | IT & ITES | 2.77 | 5.12 | 2.35 |
| 15 | Construction Material & Building Hardware | 8.3 | 11 | 2.7 |
| 16 | Textile & Clothing | 15.23 | 21.54 | 6.31 |
| 17 | Healthcare | 3.59 | 7.39 | 3.8 |
| 18 | Security | 7 | 11.83 | 4.83 |
| 19 | Agriculture | 240.4 | 215.6 | -24.8 |
| 20 | Education/ skill development | 13.02 | 17.31 | 4.29 |
| 21 | Transportation & Logistics | 16.74 | 28.4 | 11.66 |
| 22 | Electronic & IT Hardware | 4.33 | 8.94 | 4.61 |
| 23 | Chemical & Pharmaceuticals | 1.86 | 3.58 | 1.72 |
| 24 | BFSI | 2.55 | 4.25 | 1.7 |
| ? | Grand Total | 459.46 | 578.62 | 119.16 |
Rudy said, said that the idea behind the Skill Gap Studies is to understand the sectors in which we are likely to face the biggest gaps. "It is imperative for us to plan the skilling of future workforce of India on the basis of these reports. Ultimately what we all are striving to achieve is to make India the skill capital of the world, as envisioned by our Prime Minister Narendra Modi,” he added.
The minister also said that the reports will be used for the implementation of the recently announced Pradhan Mantri Kaushal Vikas Yojana; for State Skill Missions, and for various other skill initiatives being planned across the country.
The minister also said that the reports will be used for the implementation of the recently announced Pradhan Mantri Kaushal Vikas Yojana; for State Skill Missions, and for various other skill initiatives being planned across the country.
Dilip Chenoy, Managing Director and CEO, National Skill Development Corporation (NSDC) explained that these studies have been conducted through extensive primary interaction with key stakeholders including industry, training providers, trainees, sector skill councils and government. More than 1000 industry experts, 19 Sector skill councils, 110 training institutions and 1500+ trainees have been engaged for the studies.