Vocational Education Augmenting Growth of Skilled Manpower in India

Shortage of skilled manpower has propelled the vocational education market in India to surge at a CAGR of 21% during 2011-2014, says RNCOS.

Noida, India (prHWY.com) April 13, 2012 - India, one of the largest education systems in the world, possesses a huge potential for the development of skilled manpower. Vocational training courses provide employment, and create opportunities for entrepreneurship. According to a new research report by RNCOS, various initiatives are being taken by the government and private players to promote and provide vocational education and training in India. With the demand for vocational courses increasing in the country, the vocational education market in India is anticipated to grow at a CAGR of around 21% during 2011-2014.

The report "Indian Education Services - A Hot Opportunity", says that not only the IT & ITES sector has witnessed an influx of private players, but the trend is also visible in other sectors, including aviation, hospitality, and retail management. Companies and industry bodies are intensifying their in-house training facilities, and taking measures to prepare potential employees job-ready even before they join the organization. The government is also planning to launch advertising campaigns to popularize vocational education and prepare candidates for jobs in the industries facing shortage of skilled workers. The government aims at imparting such skills to around 500 Million people by 2022.

The report provides an in-depth research and rational analysis of the current status and expected position of the higher education system in India. It also presents an overview of the number of universities, technical education institutions and colleges available as well as required in the country. The study provides a prudent analysis of different courses which will remain in high demand during the next few years. It analyzes the need for opening universities (particularly foreign) in the country during the next few years. In this regard, the report discusses the entry and operation regulations for foreign universities/institutions providing education in India.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM150.htm

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About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: indian education market

Categories: Education

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