Strengthening Skills and Education for Innovation
India has a growing shortage of skilled workers—caused largely by workforce development and education systems that do not respond adequately to the economy’s needs. To contribute effectively to the innovation economy and capitalize on the growing opportunities of globalization, India’s young workforce must develop skills that are more market-driven. Given expanding trade and globalization, India’s workforce must have skills that are aligned with its transforming economy and can support the country’s continued economic growth. India’s ongoing but incomplete transformation from an agriculture - to a manufacturing - and services-based economy requires training a workforce with distinct skills for a market that increasingly rewards problem solving, communication skills, teamwork, and self-learning. Skills are needed not only by high-skill sectors but also by labor-intensive industries, which require technological developments to be absorbed by a workforce adept in basic technological literacy and key competencies.