The India Skills Report 2015 report jointly prepared by CII, PeopleStrong and Wheebox was released against the backdrop of the 6th CII Global Summit on Skill Development organized by CII on 10 November, 2014 at Mumbai.
India sits on an opportune moment in history, with a demographic dividend of 65% of her human resource pool under the age of 35 with about 12 million individuals expected to join the workforce every year. With the demographic dividend, comes the responsibility of equipping the youth with employable training and in turn, employment. The study while considering the enormity of the impact that the skill-job gap is going to have on the socio-economic environment of the country, tries to bring in a more realistic, holistic view of the skill and talent landscape in India.
The report in its second edition aims to create standard reporting guidelines on the potential skill supply-demand gap, that can provide insights into the hiring trends of the market while understanding the needs of the job seeker and organizations. It has reached out to about 3,00,000 students across 29 states and 7 union territories from the supply side and corporate players from 10 diverse industry sectors on the demand side.