An Eye opener

• 18 million new jobs in 2011 (to grow by 38% in 2012)

• 14 million jobs in Textile & Automotive by 2010
• IT & ITES are the top employers.
• 400 million total workforce
– 27 million employed in organized sector.
– 373 million are mostly underemployed.
• 7 million Engineers every year.
• Survey by McKinsey: Found only 16% of Engg. Graduates
qualified for job interviews.
• Only 5% of the workforce meets standards of MNC.
• 81% of MNC Managements expect Talent Scarcity to limit
growth.
 What's happening in the WORLD…

Design, Multimedia Infrastructure – 300

Travel & Tourism Retail Industry – malls nearing
& Entertainment- 3
5.15 Lakh jobs by US $ 330 Billion by completion, each
lakh professionals employs approx 500
2010 2010
by 2010 people

IT & ITES Insurance & Education-

KPO: 11.2 billion
BPO: 50 billion by Banking- 100% 75%shortage of
by 2010-2011
2012 Growth faculties

Health Care – to
Pharmaceuticals –
be short of 45000 Biotechnology IT- 500,000
Growing at 40%,
doctors and 3.5 professionals
$ 3 billion sector with new fields like
paramedics by needed by 2010
CRO
2012

Aviation – 7500 Real Estate

pilots needed by Expected growth IPOs- Insurance Textile-90,000
2010 and demand in $60 billion by 2010, Sector-100% crore investment
this sector to grow at 50,000 jobs by growth by 2009 by 2010
20-25% every year 2009
 India Shining……2K10-2K11

• India Inc will create 9,17,000 new jobs in 2K10-2K11

• Healthcare- Expected to create 9 million jobs
• Hospitality/Travel – The sector requires over 1 lakh people every
year
• Real Estate & Construction – With over $100 billion investment lined
up, around 1,36,000 jobs in 2K10-2K11
• Education, Consulting & Training.- Shortage of around 2 lakh
schools…13.5 Crore children in primary @ present…83,000 new
jobs in 2K10-2K11
• Manufacturing – 1 lakh new jobs this year
• IT&ITES – 1.5 Lakh jobs
• Banking Sector will add 46000 employees this year

By Amit Singh
Job Pyramid
 Challenges V/S Expectations

• Challenges of 21st Century

– Inclusive and Sustainable Development
– Global Thinking and Approach
– Building Capacity, Capability and Competitiveness

• Expectations from Graduate

– All round development
– Job Creators than Job Seekers
– Global Professional
 A modern graduate requires

• Breadth: familiarity with many important areas

• Depth: ability to deal with specialists, or become one if necessary;
• Leadership: judgment and appreciation of the "bigger picture;"
• Design: experience with creative, synthetic, integrative activities;
• Curiosity: desire and ability to keep learning throughout life;
• Communications skills: ability to express ideas persuasively, in
written and oral form;
• Social skills: ability to interact with others, in professional and social
settings;
• Global view: appreciation of diversity in the world and in intellectual
areas;
• Personal strength: ability to cope with life's various difficulties.
 What are employers looking for?

• It depends -- every employer seeks a different

mix of skills and experience from a prospective
employee.
• One thing they look for consistently: Soft skills.
• Remember the phrase from your report card --
"works and plays well with others"?
• That's a critical soft skill, and there are many
more, all of them important for any job in any
industry.
The Growing Skill Gap
Facts:

By 2030, India’s working age population will overtake

China’s and by 2050, it will be 50% larger than China’s.

India’s below-25 population “is going to

act as a secret weapon in the future,”

The median age in India is estimated at 25, compared

to 34 in China, 37 in USA, 40 in UK and 44 in Japan.

India is the future "Skills Capital of the World"

Unemployment V/s Un-employability