India – A country of young minds

With half the population aged under 25 years and two-thirds below 35 years, India is clearly brimming with young talent. By 2027, India will have the world’s largest workforce, with 1 billion people aged between 15 and 64 years. While this reality promises immense opportunities, it also invites its own set of challenges.

A key challenge facing the economy today - equipping youth with adequate, relevant, job-ready skills for the digital economy.

The ground reality

US$1.97

trillion in GDP growth is at risk over the next decade due to lack of relevant skills.

3M+

graduates and post-graduates enter the Indian workforce annually.

25%

of technical graduates are considered employable in the IT and ITES segments.

India needs robust skilling and training systems to build the future workforce.

Harnessing technology to bridge the skill gap

Given the large number of people to be trained, traditional skilling methods may prove inadequate. So, where can the country turn to fill the gap? To intelligent technologies. Advanced technologies can enable rapid reskilling and upskilling at scale. They can help people learn new skills quickly, efficiently and cost effectively — that’s a triple advantage!

In a 2017 Accenture survey, Indian business leaders and workers agreed that difficulties in identifying learning opportunities prevent them from developing new skills.

Keeping people at the center of the learning journey

Accenture developed a new skilling framework to enable more than 160,000 of its employees to be conversant in New IT skills and more than 100,000 to be job ready in less than two years. We mapped each stage of the learning journey to assess how technology interventions can enable skill development that is personalized, continuous and accelerated. The framework helped us impart a progression of skills from awareness to expert by harnessing innovative learning methods grounded in neuroscience research.

A shining example of tech-powered skilling

As part of our Skills to Succeed (S2S) project, we’ve collaborated with Quest Alliance to create a tech-enabled blended learning environment that combines digital learning tools with a traditional classroom model. Since its inception in 2015, the program has helped more than 80,000 youth gain skills, confidence and knowledge to succeed in the workplace, and beyond.

Blended learning model

Powering the future workforce

A successful training and upskilling ecosystem is one that meets the diverse and context-specific learning needs of people of all ages at all education and digital literacy levels. Any effective solution requires collaborative effort that harnesses intelligent technologies.

Transforming India’s skilling challenge into an opportunity will require the committed participation of all stakeholders. We recommend four actions for stakeholders, including government departments, industry bodies, non-profit organizations and corporates, to make India’s workforce future-ready. We’ve also highlighted success stories of countries around the world that have built their workforce with a technology-led approach.

  1. Foster multi-stakeholder partnerships.
  2. Unleash blended learning models.
  3. Start at the source.
  4. Customize to the local context.

Download our report for more.

Rekha M. Menon

CHAIRMAN AND SENIOR MANAGING DIRECTOR – ACCENTURE IN INDIA


Pradeep Roy

PRINCIPAL DIRECTOR – ACCENTURE RESEARCH


Giju Mathew

RESEARCH MANAGER – ACCENTURE RESEARCH

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