India Inc’s skill shortage crisis has a solution

So, why are apprenticeship numbers abysmal in India even after four amendments to the Act? Low employer engagement is one reason; what’s the other?

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Giving apprenticeships a prodigious shot in the arm, two industry experts expound on the remarkable qualities of apprenticeships in enabling a largely lackluster Indian workforce to crossover to the realms of increased productivity and consequently a higher return on investment for employers. The case for training ‘one’s own’ has become clearer and stronger than ever before. For starters, ROI on apprenticeships can trump hurdle rates of 12-15% used by employers when appraising capex considerations…Read more

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