Ludhiana alone is estimated to create around 3-lakh job opportunities for skilled workforce by 2022, stated a survey conducted by Rockman Industries, India’s leading auto components manufacturer, and Ernst & Young (EY). The survey revealed that vocational training and skills training would play a pivotal role in bridging the gap between employment and opportunities.

The survey further found that there is a huge opportunity to train and upskill the youth to meet the growing demand for skilled manpower in Ludhiana, a significant manufacturing hub in North India for the past many decades with a concentration of textile, bicycle, automotive and engineering activity. Ludhiana is a key district in Punjab with a robust industrial base of MSMEs and large enterprises, contributing 29.73% to Punjab’s overall manufacturing output.

“The larger purpose of the Rockman Industries and EY Survey was to understand the gap between employment opportunities and employment readiness of the youth in Ludhiana”, says Suman Kant Munjal, CMD, Rockman Industries.

He said “the demand for skilled workforce is the need of the hour, as it leads to long-term employment, in turn ensuring manufacturing growth. Anticipating and building competencies among the youth will also enable workers and enterprises to adapt to the rapid pace of change. A competent and skilled workforce in Ludhiana is a win-win situation for both workers and enterprises as it improves productivity, increases efficiency and output.”

The survey has shown that there is an urgent need to increase skilled workforce in the next 5-yr, there is also the necessity to equip the youth to fulfil the growth in employment opportunities. Meanwhile, MDs and CEOs in close to 50 companies and over 600 people in more than 20 locations participated in the survey.

Source: The Economic Times

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