Bharatbook.com : In India A New Approach towards Vocational Training

Vocational Training India Report ( ) gives the vocationalvocational training and the lack of support from
training market in India is worth approximately USD 1.6financial institutions.
bn and is estimated to be growing at 25% per annum.The major trends have been discussed which covers
Demand for skilled workers across sectors rangingstrategic associations between corporate and
from manufacturing to retail and hospitality is fuellinginstitutes, governments role encouraging public private
the market for vocational training institutes. Sustainedpartnerships, rise in demand for online correspondence
economic growth, rising trade and burgeoning domesticcourses and growing interest of PE/VC firms in
demand is driving the need for workers withvocational training market. The competition section
necessary skills.highlights the major players in various fields (IT, retail,
The report begins with an overview of the industryAirlines, Finance) including their business focus and
indicating market size, growth prospects and marketexpansion plans.
segmentation. The role played by the public and privateKey chapters of the report are as follows :
sector including the governing bodies has beenPage 1: Executive Summary
highlighted.  An analysis of the drivers explains growth Overview
factors such as demand for skilled labor across Page 2: Indian education system
various industries, inefficiencies in the public education Page 3: Public vocational training market
system and increasingly competitive business Page 4: Private vocational training market - Market
environment. The key challenges identified include thesize & growth (incl.
existing perception among individuals towards