How India is Working Towards a Better Tomorrow in Terms of Business
India has witnessed a remarkable journey of economic liberalization, unlocking new doors to market forces, business and globalization. Picturing the global economy, according to a report by International Monetary Fund, India’s GDP has grown by 7.4 percent for the financial year 2016-17. This has projected as the world’s fastest-growing large economy. Business in India is
Factors that Lead to Unemployment in India
India is one of the biggest populated countries and the majority of the population is young. A young population is considered as a boost for any country. But the youth do not get the required job and remains unemployed. That same youth become a liability and burden on the resources. Majority of the unemployed people
Why India needs to Develop Skill Development Indicators?
Skill development is a continuous process in every business. It is one of the biggest challenges that every country has to face. In the case of India which has a huge population, this becomes more challenging. With the current focusing on skills development programmes, it is evident that they know the importance of this process.
Initiatives of the New Government in the Textiles Sector
Current Central Govt. of India have Taken various business-friendly decision like make in India, digital India, and skill India. This initiative has put a lot of positive impact on various business sectors and textile sector especially. India’ Initiative Takes Textiles Sector To Global Platform Al these initiatives is bringing different business opportunities from around the
Contribution Of India In Global Business
Traditionally India is an agrarian economy but after the liberalization of the economy in 1991, it has become an open market economy for global business. Since 1991s, there were significant changes in forms of investment strategies and external trade regulations in different business modules. These changes have made India one of the fastest growing economy.
Potential of Technology to Help Close the Skill Gap
Among all the developing countries around the globe, India holds various advantages as compared to other countries. We have a healthy entrepreneurial customs that attract global investors. Supportive government policies with the perfect blending of the young, skilled and passionate workforce in plenty. When this huge number is merged with a strong business and institutional
What Makes a Good Skills Development Programme?
Skills development programme can include various things in it to be the good one for a company hence identifying the company’s requirements is essential to a successful skills development programme. There are several factors which should be included in the skills development programme to make an impactful one. Some of them are discussed below: Evaluation
The Most Sought After Manufacturing Skills in India
The manufacturing industry in India is always one of the most revenue producing industry. Hence it is also one of the biggest industries which produce millions of jobs per year and people also looks to enter the manufacturing sector to start their career. Unemployment is a big issue in India and the irony is that
What Are the Must Have Skills For Automotive Production Company?
The automotive industry is one of the fastest changing industry due to overcoming technical changes. It is one of the industries which is directly connected to the consumers and keep on adapting new trends and technologies. So this very vital that people who like to join this industry must pose comprehensive and multifaceted skill set.
How Conducting Regular Workshops On Skills Development Helps A Company?
Majority of the people think that business expenses should be done in primary areas like technology, infrastructure, and recruitment. People think that there is no big need for staff training and industrial workshop for the employees and this is a kind of bad expense. Do you really think that conducting regular workshops is an expense?
Is India facing Skill Crisis
Ask any employer in India about the biggest challenge faced in last two or three decades and the spontaneous response one gets is — the insufficient supply of skilled manpower. A great example of lack of skilled manpower in India is long-standing queues of customers in front of hair salon or bike service centers, the
Basic Skills That Indian Industry Would Need In Next 5 Years
Basic Skills That Indian Industry Would Need In Next 5 Years You need to upgrade yourself and your skills at every step to stay ahead and dream big in the industry. Especially in India, the scenario is changing very fast and the requirements of new skills are very essential in order to move on and