Welcome to SkillBridge

Manpower Shortage-The Indian Story

India’s GDP growth has seen an 8+ % in the previous years and has touched 6+ % this year. The growth rate is among the fastest in the global economy. But we’re not without our share of speed-breakers and challenges. The single most deterrent to this growth is the DEARTH of SKILLED manpower. Who comprise this SKILLED manpower bracket, and where does one find them?

Although we have a youth population of 232 million, only 10 million undergo higher education, and of that a mere 3 million graduate. The crisis doesn’t end there. According to the NASSCOM-McKinsey report, only 10% of generalist graduates and 25% of Engineers and MBAs in India are actually employable!

This sharp decrease in output as compared to the plentiful ‘input’ we have sums up the lacunae we have in terms of skilled people. This dearth of skilled manpower is a grave issue that can stunt the country’s growth if not addressed immediately.

The corporate bears the brunt of the lack of vocational and employable skills in students through high on-boarding cost, low productivity, increased training spend etc. For the individual, the lack of skills takes him nowhere leading to frustration, dejection, and non-productivity at the workplace

Academic Institutions – what is the need?

Our higher education system, the factory for our intellectual capital, is doing a tremendous job of providing standardized, basic education qualifications. However, there is a huge gap between what the industry needs and what is available at the finish line.

Esteemed academic institutions such as yours, besides physical infrastructure – also need world-class intellectual infrastructure. Intellectual infrastructure refers to industry relevant programs, quality content, capable faculty and other resources required to produce industry-ready manpower. And we believe that providing the required intellectual infrastructure early on-in the factory stage- will automatically strengthen the output, i.e. the learner, who comes out of the system prepared to take on employment, and become a productive member of the society.

What can be improved?

While the physical infrastructure is fantastic, the institutions/universities can do with topping up their intellectual infrastructure through good quality courses/programs, and industry-experienced faculty. While this is a cost-intensive exercise, leveraging technology to enable this learning can make this a cost-effective value proposition.

The need of the hour

24x7 Learning, India’s premier Intellectual Infrastructure partner has been building Virtual Universities for Corporates, and helping them address the skill gaps in their employees-The Indian youth output from Institutions/Universities.

We have been in the business of providing technology-enabled learning solutions since 2001. We have provided Intellectual Infrastructure solution to academic Institutions such as IMT, Ghaziabad, CDAC-Noida, Thapar University-Patiala etc. as well as Corporates like Dell, Infosys, Wipro and Aditya Birla Group.

24x7 Learning offers its expertise in building Intellectual Infrastructure solutions for the Institution/University through:

Powerful learning programs (vocational, non-vocational and continuing education) that directly impact the employability of your students
Robust intellectual infrastructure for your esteemed institution that helps you offer more programs, increasing your student base through more enrollments and therefore positively impacts your revenue.

24x7 Learning’s SkillBridge helps you launch industry-relevant & globally certified courses with content from the likes of Harvard, Carnegie Mellon etc. thereby enhancing the employability of your institution and therefore, that of the Nation.

To know more, visit our corporate website www.24x7learning.com