India to have 20% of world’s workforce in the next decade

India will account for 20 per cent of the world’s global workforce in 2020s. The average age of Indian workforce will be 29 years as compared to 37 for the US and China and 45 years for Europe, Kapil Sibal, minister for human resource development, communications and IT said at the India Economic Summit 2011 in Mumbai.

Tata Consultancy Services said India would soon have 136 million graduates compared to 23 million in China and 11 million in the US. According to him India will see 200 million graduates and 500 million skilled staffers by the year 2020. To ensure adequate jobs are available the government is trying to set up vocational institutes close to the industry clusters so that the industry can give inputs on the needs from talent.

 

Read more: http://www.mydigitalfc.com/jobs/india-have-20-world%E2%80%99s-workforce-next-decade-354

Source :www.mydigitalfc.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s