KOLKATA: Ambuja Cement Foundation, with the support of GlobalHunt Foundation, is organising an event on Skilling India – Enhancing Capabilities, Empowering Liveson September 15, 2017 at Kolkata.
This will be a closed group meeting witnessing participation of key industry leaders from diverse organizations and discuss existing possibilities to collaborate and co-create solutions. Forum will provide a platform to different organizations to share experiences in skilling, discuss opportunities and challenges, and explore synergies.
India has a significant demographic dividend with more than 62% population between 15-59 years of age. Globally, in the next 20 years, the industrial workforce is expected to decline by 4%, whereas in India, it is expected to grow by 32%.
As per 2016 India Skills Report, while 250 million people are estimated to enter the Indian labour market by 2025, only 5% of the young people aged 20-24 have obtained vocational skills through formal training system. India’s training infrastructure which mainly consists of Industrial Training Institutes (ITIs) and Industrial Training Centre (ITCs) are not sufficient to meet the huge and diverse skill requirement of the population. There is an urgent need for various organizations to join hands, pool in resources, share expertise in order to create a bigger impact in skill sector.
With the fast growing Indian economy, there is a huge scope of rise in jobs and entrepreneurship opportunities. However, bridging the existing skill gap is a huge challenge which could be achieved only with focused collaborative efforts. At the same time, there is also a need for organizations to widen their perspective and explore the latest opportunities that would add substantial value to the rural skill development initiative.
Ambuja Cement Foundation (ACF), established in 1993, has been working with its mission to Energise, involve and enable communities to realize their potential, thus building a prosperous rural society. ACF has its presence in 21 locations in 11 states and is reaching out to nearly 20 lakh people. With livelihood generation as its major thrust area, ACF has heavily invested in the skill development of rural youth.
ACF has established 20 Skill and Entrepreneurship Development Institutes (SEDI) across India in collaboration with Government and industry bodies. SEDI offers skill training in 42 certified trades. SEDI’s vocational training is tailor-designed to cater the needs of rural youth and provide a fine balance of theoretical knowledge with practical understanding. Till date, SEDI has trained over 32,000 youth, maintaining a placement rate of 74%.
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