Blue collar staff to be trained by start-up companies
There is some good news for the unskilled workers who mostly work as labourers, mechanics, machine operators and other blue collared jobs. Start-ups in the skills space are not just helping the blue-collar professionals to enter the industry, but are also helping the companies reduce the training costs.
Start-ups, such as Skillsonics, and LabourNet, are reducing the costs for the manufacturing companies in the large and medium industries by helping them to pick trained blue-collar workers. They will be capable to start the production from day one and their learning curves will be shorter.
Also, with the National skill Development Corporation emphasising on skill training, this market is set to boom. This should bring some cheer to the youth from the lower strata of the society as they can expect better pay packets and a better life style.
There is a high skill shortage across the manufacturing sector today and retention of employees is a further challenge. Gayatri Vasudevan the CEO of LabourNet Services stated that the ITI curriculum in the country is not turning out industry ready workers and the manufacturing companies are unable to employ them on the shop floor quickly. This has created a huge shortage of skilled workers in the manufacturing sector.
LabourNet has trained close to 16,000 workers for shop floor work in the manufacturing segment and around 30,000 workers in construction.
Source- The Economic Times
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