ITIs / ITCs: Industrial training institutes / Industrial iraining centres

Abstract

This chapter will deal with the formal vocational training route to enter the world of work. In the last decade, there has been an increasing attention paid to skill building as a national priority in India, both in terms of providing employment opportunities to the young population, and to fully realise the demographic dividend for the country by supplying the high quality skills to manage the global shortage in skills. India is among the top countries where employers are facing difficulty in filling up job positions. The difficulty level was 48% in India in 2012 where as the global standard was 34% (FICCI 2012). Estimates by leading consulting firms indicate that there could be a shortfall of 350 million people by 2022 in 20 high growth sectors of the Indian economy (Sanghi et al. 2012).