The workforce of tomorrow needs training today – Here’s why

financialexpress.com:

Technological advancement has paved the way for a future where the most imperative skill is the ability to have multiple skills. As competition grows, industries grow and so do their requirements. To keep up with matching demands, companies are fast employing machines to mass produce products that would otherwise be manually assembled, and the white goods manufacturing industry is no different. The labour force working in this industry in fact needs to reskill and upskill a lot faster as the demand for white goods soars. India is currently a hub of manufacturing for several goods and to keep up with this growing demand, there is a need to upscale.

Despite machines, a majority of the industries in India continue to depend on the labour force for the smallest and biggest tasks. If the labour force cannot keep up, India would fall behind in the global race and might lose its international standing too. The only way to avoid this is to reskill the labour force to be able to produce more, constantly innovate and find solutions to tough situations along the way.

According to industry estimates, the white goods market will cross a whopping $ 21 billion by 2025. In India the white goods industry had already reached $13.66 billion in 2021. Given these numbers it is easy to estimate that the market will continue to grow and that the growth potential of freight goods and their penetration in the Indian market is massive. If we innovate and find ways to reduce costs there is no stopping India from gaining monopoly over the global manufacturing industry.

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While trying to achieve our goals and become a manufacturing superpower, it is imperative to