Mr. Nithyanandh Dayalan
Country HR Manager, Rolls-Royce, India & South Asia
India’s young workforce
As one of the youngest nations in the world, and about 250 million young people expected to join the workforce over the next decade, India needs to ensure that its future talent pipeline is prepared for the fast-changing needs of the industry.
As India positions itself to achieve strong economic growth, the availability of a highly-skilled workforce which can help organisations across sectors maintain their competitive capabilities will be key. Although India’s talent availability -- more than 3,500 engineering colleges in India producing about 1.5 million engineering graduates annually- is unmatched by any other country, it needs to focus on ensuring there is no mismatch in skills particularly in STEM-related industries. Building a highly-skilled workforce equipped with ever-evolving technologies will enable companies in India to carry out critical research and development (R&D) and bring out innovative products and aftermarket services to market.
Organisations around the world also recognize the need to build and maintain a diverse workforce to harvest the best ideas and stay competitive.