A young and ambitious workforce of 830 million allows India to become one of the world’s rapidly growing manufacturing economies. This would require constant upskilling of the workforce to maintain India’s global competitiveness.
With an evident gap between desired skills and demand in the manufacturing industry, it is expected to broaden with time due to emerging modern technologies set to revolutionize the industry. Existing skill sets are becoming obsolete, and the workforce must embrace the digital transformation of and within their organizations. Organizations need to respond to these challenges by upskilling/reskilling the existing workforce and fostering specific skill set within fresh recruits to ensure they hit the ground running.