Skill Development Apparel Sector & Retail Sector
Today India is one of the youngest nations in the world with more than 62% of its population in the working age group (15-59 years), and more than 54% of its total population below 25 years of age. Its population pyramid is expected to bulge across the age group of 15 to 59 years over the next decade. To reap this demographic dividend which is expected to last for next 25 years, India needs to equip its workforce with employable skills and knowledge so that they can contribute substantively to the economic growth of the country.
Skills and knowledge are driving forces of economic growth and social development for any country. Countries with higher levels and better standards of skills adjust more effectively to the challenges and opportunities in domestic and international job markets.
According to the plans and strategies of the current central government, after Digital India, the focus will be on skilled India with an ambitious thought of imparting skills to about 1.2 crore people during the current fiscal year and 40 crore people by 2022 and aims at becoming the larger provider of skilled work force to the world.