As it was said by the Associated Chambers of Commerce and Industry of India [Assocham], rapid economic growth in the country is projected to generate about 15 million jobs; at the mean time around 75 percent of the candidates require vocational training because if it fails it can lead to a slowdown in the country’s economic growth. The report by Assocham has also added that, even though India has the largest youth force in the world, millions of Indian fresh grads have remained jobless because of the reason they lack proper vocational training.

Asscom report had quoted that, “Indian youths are not only unemployed but they are also unemployable” as 90 percent of the jobs in sectors like IT, Biotech and other service sectors are all those jobs which requires skill based training. But at present just around 6 percent of the total workforce have the opportunity to receive such training.  

In spite of jobs created in sectors like real estate, infrastructure, financial services, retail and other sectors, the youths who have graduated in streams like engineering, medical, arts have less chances of getting into such sectors as these sectors require a different sort of skilled manpower.