Over the years, countries across the globe, have acknowledged the potential and importance of Indian manpower. According to the UN Department of Economic and Social Affairs Data, India has the largest diaspora in the world.
Interestingly, one is likely to witness a further upswing in the trend owing to the country’s rich demographic dividend as India has jumped 11 ranks from 92 to 81 in the Global Talent Competitive Index (GTCI) for the year 2018 — which covered 119 countries and 90 cities. The rank indicates a country’s ability to grow, attract and retain talent.
No wonder India’s demographic dividend has caught attention of leading countries across the world. The dip in the youth population of key global economies vis-à-vis the growing numbers in India presents a huge opportunity, which can be capitalised if our talent pool is trained as per international standards.
While the Indian skills ecosystem is still evolving, a lot of experience and unique studies are available internationally. Such learnings can enable India to adopt and adapt, thereby helping us create an internationally benchmarked talent pool. This will facilitate mobility within and outside India and grab a unique window of opportunity.
It is time that policy makers, industry, academia and think tanks come together to delve on the way forward and design a strategy, in consultation with international experts, to create a talent pool, equipped not just to meet the domestic demands but also to cater to the global manpower requirements.
Given the background, CII in partnership with Switzerland, is organising the 8th CII Global Summit on Skill Development, to be held in Lucknow on 22-23 November 2018.
The Summit theme - International Best Practices: Creating a Global Skilled Talent Pool, has been designed to trigger a debate around the challenges being faced by the skills ecosystem in India, highlight the desired future skill sets and identify best practices, which if emulated, can help India create a global skilled talent pool.
The Summit will witness participation of speakers both from Central and State Governments, Experts from Switzerland and other participating countries, Senior Industry Members, Think Tanks, Academicians and Multilateral Agencies.