The demand for skilled professionals in India’s automobile industry is high. To keep pace with technological advancements and evolving market needs, 80% of employer......
The IT-BPM industry in India is undergoing a transformation, with organizations increasingly turning to apprenticeships to bridge skill gaps, reduce talent costs and buil......
India’s workforce landscape is evolving, with apprenticeship programs emerging as a crucial talent development strategy. As companies face skill shortages, rising hiring costs and the need fo......
Apprentice hiring in India is at an all-time high. 8 out of 10 employers have expressed their intent to increase apprentice intake. About 60% of the businesses are increasing their engagement with ......
India's electronics manufacturing sector is on an accelerated growth path, with projections indicating a 25-30% CAGR by 2030. With demand for priority components like PCBAs (Printed Circuit Boa......
India’s electronics manufacturing sector is on a transformative trajectory, poised to grow at an impressive 25-30% CAGR by 2030. This expansion is fueled by rising domestic demand, government......
India stands at a pivotal moment in its economic development, with over 808 million individuals under the age of 35. This demographic advantage positions the nation to contribute significantly to t......
As India strives to cement its position as a global economic leader, the role of a skilled, dynamic, and future-ready workforce cannot be overstated. With the rapid evolution of industries, technol......
Artificial intelligence (AI) is reshaping industries at an unprecedented pace. From revolutionizing manufacturing processes to automating coding tasks, its footprint is evident across sectors. As I......
India's electronics sector is poised for significant expansion, aiming to achieve $500 billion in manufacturing output by 2030. T......
As India transitions toward a greener industrial ecosystem, the demand for sustainability-driven professionals is surging. These emerging job profiles reflect a commitment to integrating green prin......
India’s electronics industry is experiencing a transformative phase, poised to become a global hub for innovation, manufacturing and exports. With government initiatives like Make in Indi......
India’s BFSI sector is experiencing remarkable growth, with annual rates of 12%-15%, fueled by rapid digitalization and evolving consumer demands. Initiatives like Digital India and Pradhan M......
India’s aviation sector is soaring, firmly establishing itself as the world’s third-largest domestic market. With operational airports doubling from 74 in 2014 to 148 in 2023 ......
Our youth are the driving force of India's future, brimming with immense potential and ambition. With over 50% of India’s population under the age of 25, the country boasts the ......
The electronics sector stands at a transformative crossroads, where its potential to drive global innovation is overshadowed by a critical challenge: the widening skills gap. Despite India’s ......
As businesses race to capitalize on the booming electronics market, a critical challenge looms: the lack of skilled professionals is creating inefficiencies, ra......
Scaling electronics manufacturing in India presents a complex yet promising trajectory. The industry faces significant hurdles, including import dependencies and a shortage of skilled tal......
The electronics sector thrives on innovation and technical prowess, making it a driving force in today’s global economy. As advancements in IoT, AI, semiconductors, and renewable energy accel......
India’s electronics sector is on an accelerated growth trajectory, driven by government initiatives and increasing global demand. The country aims to esta......
The rapid digitization of the financial services industry, driven by technologies like UPI, has significantly expanded the scope of roles, particularly in the mid-career segment. As Dhrit......
The engineering field, once a popular choice for students in India, has evolved into a challenging path with uncertain job prospects. The Times of India published an article on the same f......
India’s renewable energy sector is poised for significant growth, with top corporations lining up ambitious projects to meet climate goals. However, the industry faces a talent shortage, with......
India’s demographic advantage, 65% of the population within the employable age range, presents a unique opportunity. However, a significant challenge lies in preparing this workforce to meet ......
India's youth represent a major asset, with over half of the population under 25. Yet, only 51.25% of this youth demographic is deemed employable, underscoring a vital need for skill-building p......
The MSME sector in India is a dynamic contributor to the economy, with 4 crore registered enterprises creating over 19 crore jobs, employing nearly 23% of the workforce. During the festive season, ......
As India's workforce evolves, skilled talent is increasingly driving salary trends across sectors. The Aon Annual Salary Increase and Turnover Survey forecasts an average salary hike of 9.5% in......
The Employment-Linked Incentive (ELI) Scheme marks a pivotal shift in India’s approach to job creation, particularly within the Micro, Small, and Medium Enterprises (MSME) sector. Aiming to g......
As businesses evolve through digitization and artificial intelligence (AI), the role of India’s business schools (B-schools) has never been more critical. The digital shift impacts every indu......
As AI continues to transform industries, India’s education sector faces the urgent challenge of developing AI-ready talent. According to NASSCOM, India currently has a 51% AI skills gap, whic......
India’s youth population, which exceeds 800 million, underscores the urgent need for scalable talent strategies, especially in navigating a shifting job market and the widening skills gap. At......
Public sector banks in India, including Union Bank of India, Canara Bank, and Indian Overseas Bank, have initiated large-scale apprenticeship programs for the first time to address workforce gaps a......
India’s energy landscape is undergoing a remarkable transformation, driven by a commitment to sustainability and green energy to combat climate change. A major part of this journey is the tra......
The push for a gender-diverse workforce in India has gained momentum in recent years, yet significant challenges remain, especially in sectors where women have historically been underrepr......
The first phase of the PM Internship Scheme, introduced as part of the series of the Employment Linked Incentive (ELI) scheme, announced by Hon'ble Finance Minister Ms. Nirmala Sithar......
India faces an ironic challenge - a surplus of graduates but a shortage of skilled workers. As The Economic Times article highlights, employers are struggling to find candidates wi......
India’s hospitality industry is experiencing an unprecedented surge in employment, driven by a revival in domestic and international tourism. According to a recent article by Travelle......
In a bid to improve customer relations, particularly in rural areas, Public Sector Banks (PSBs) in India are increasingly turning to apprenticeships. As covered in the Business Standard
India’s unemployment rate has been a key issue over the years, with fluctuating figures often driven by the disparity between labor force participation and job creation. The recent ......
India's ambitions to become a global leader in the semiconductor industry have gained significant momentum in recent years. As the world faces a global chip shortage, India is positioning itsel......
As India’s aviation sector takes flight, a significant surge in demand for skilled professionals has emerged, especially in the maintenance, repair, and overhaul (MRO) sector. Apprenticeships......
India produces over 1.5 million engineering graduates every year, yet only a small fraction secure jobs. This issue of employability among engineering graduates poses a challenge to the country'......
India’s renewable energy sector is booming, and with it comes a growing demand for skilled professionals. Apprenticeships in renewable energy are proving to be an effective solution to meet t......
India's Industrial Training Institutes (ITIs) play a crucial role in the country’s skill development ecosystem, providing vocational education to millions of youth. With recent improvemen......
Corporate Social Responsibility (CSR) funds offer an immense opportunity to create inclusive growth in India. However, to truly make an impact, optimizing CSR funds towards initiatives that address......
India's economic progress relies heavily on its workforce, yet the widening skills gap presents a significant challenge. To meet the demands of a rapidly evolving economy, strategic apprentices......
The Indian government’s latest budget places significant emphasis on two vital areas: MSME workforce development and enhancing skilling and employment. Experts are optimistic about this appro......
The pharmaceutical industry is navigating rapid transformations, driven by innovations, regulatory changes, and a growing global healthcare demand. To remain competitive and meet the evolving needs......
In a recent study conducted by TeamLease Degree Apprenticeship, a startling revelation has surfaced: India is on the brink of a significant skills gap that could seriously jeopardize corporate grow......
In today's competitive market, businesses must constantly innovate and maintain high productivity levels to succeed. One of our leading clients, a 6000-crore electronic equipment manufacturing ......
The logistics sector in India plays a vital role in bolstering the country's economic aspirations, particularly in the context of e-commerce growth. Dhriti Prasanna Mahanta, our Vice ......
The logistics sector in India is set for significant growth, particularly in the wake of a booming e-commerce landscape. According to Ramesh Alluri Reddy, CEO of TeamLease Degree Apprenti......
Women employment in India is emerging as a pivotal factor in the country’s quest to become a $30 trillion economy by FY47. According to our Chief Strategy Officer Sumit Kumar, "......
As the global community shifts towards sustainable practices, India is emerging as a key player in the green economy. The transition to renewable energy and eco-friendly industries is not......
India's e-commerce sector is set for significant growth, with export hubs expected to generate 225,000 new jobs in the near future. This expansion is driven by a surge in global deman......
To address the growing need for skilled talent across India's diverse industries, TeamLease Degree Apprenticeship has set a remarkable goal: to equip 2 million young individuals with essential ......
India's skills gap and employability challenges have been a growing concern for industries across the nation. To address these issues, our Finance Minister also proposed aligning the ......
Apprenticeships are the strategic solution to the dual challenge of addressing immediate skill gaps while also ensuring a steady supply of future talent. By investing ......
Over the past four years, the apprenticeship landscape in India has witnessed a remarkable 35%-40% increase across various sectors. Today, more than 10 lakh apprentices are gaining practical skills......
The FICCI Higher Education Excellence (HEE) Awards have long been a beacon of recognition for institutions and individuals who have set new standards in India’s higher education lan......
In the Union Budget 2024, our Finance Minister outlined plans to enhance the employability of more than 4 crore youth in the coming years, emphasizing the importance of skill development ......
India, blessed with the largest youth population globally, is on the brink of economic greatness, with a vision of reaching a $30 trillion economy by 2047. However, to achieve this milest......
India’s demographic dividend, with a youth population of 371 million, is a significant asset, but it also poses a formidable challenge. The country’s education system often fails to equ......
Recruiting the right talent is becoming increasingly challenging and expensive. The process of selecting, interviewing, on-boarding, and training new employees has led to rising hiring costs, espec......
In today’s competitive business landscape, organizations are continually seeking innovative strategies to maintain a competitive edge. Apprenticeship programs have ......
In an unprecedented shift, the Indian manufacturing sector has experienced a remarkable 200% increase in job growth rate over the past two years. This growth in employment in the manufacturing sect......
As business models evolve rapidly, the traditional pillars of education, classroom theory and vocational training, must also adapt to meet the demands of the modern workforce.
With the evolving job market and increasing demand for skilled professionals, it is crucial to address the widening skill gap and equip young individuals with t......
In 2021, India marked a historic achievement by exporting more software than Saudi Arabia exported oil with Karnataka playing a significant role in this achievement. This success stemmed ......
Our latest Leadership Discussion at Taj Bengal Kolkata shed light on the significant evolution of workforce supply chains and the immense value apprenticeships bring to this domain. Our e......
The Indian aviation sector is poised for unprecedented growth. By 2030, it is projected to surpass both China and the US in the air passenger market, reflecting a remarkable expansion tra......
The aviation sector, a crucial driver of global connectivity and economic growth, finds itself at a pivotal juncture. With its resurgence following the pandemic and an anticipated expansi......
The Make in India initiative, launched in 2014, has been a transformative force in India's manufacturing sector, aiming to elevate the country as a global manufacturing hub. This ambitious camp......
The Banking, Financial Services, and Insurance (BFSI) sector is facing an alarming attrition rate, with industry data highlighting a staggering 30-40 percent turnover. This high churn rate poses si......
The Indian Global Capability Centre (GCC) sector has emerged as a significant player in the global business services market. With its ability to deliver high-quality services across various industr......
The Production Linked Incentive (PLI) Scheme in India is a strategic initiative aimed at boosting the manufacturing sector. Launched by the Indian government, the PLI Sch......
With an 8.2% GDP growth during the financial year 2023-24, India has secured its position as the fastest-growing major economy in the world. As the world's fifth-largest economy, India is exper......
The next Tech in Manufacturing Summit, organized by the Times Group, is set to take place in Hyderabad on June 27th, 2024 This event is a pivotal gathering for industry leaders, innovator......
The talent crunch in the hospitality industry is well-known and the sector has begun addressing this challenge. A significant issue for individuals aspiring to join the hospitality industry is that......
The integration of technology with human talent is reshaping industries at an unprecedented pace. Generative AI tools are now indispensable in our daily lives, enhancing workplace productivity and ......
India stands at a pivotal demographic juncture with a median age of 28, promising robust growth potential fueled by its youthful workforce. However, despite this advantage, only a small fraction, a......
The hospitality sector is experiencing a significant talent shortage, with expectations of adding about a million jobs in the coming years. Experts note that post-COVID, the industry's hiring h......
Amidst the rapid evolution of India's business landscape, the recognition of efficient talent acquisition strategies has become increasingly pronounced. Businesses across sectors face a signifi......
In a concerning trend, 38% of Indian Institute of Technology (IIT) students have yet to secure jobs through campus placements in 2024, a sharp rise from the 20% unplaced graduates in 2022......
Sumit Kumar, our Chief Strategy Officer, highlighted the transformative potential of apprenticeships in the electronics industry, addressing critical skill shortages and enhancing workfor......
India has solidified its position as a major hub for Global Capability Centres (GCC). The industry is set to witness significant growth, with a projected investment of $450 million in 202......
The logistics sector in India is set to expand to nearly $40 billion by 2027. In a recent podcast on Businessline’s State of the Economy, Dhriti Prasanna Ma......
The Banking, Financial Services, and Insurance (BFSI) sector in India is rapidly evolving due to technological advancements. With a growth rate of 30-32% year-on-year in 2023, the sector ......
India is making significant strides in the semiconductor industry through concerted skill development initiatives. The nation's push towards becoming a global semiconductor hub is anc......
India's travel and tourism industry has made a significant comeback post-pandemic. The sector is also a robust source of employment across both large and small cities.
Apprenticeships are increasingly popular as a workforce development strategy, providing tangible benefits to both employers and apprentices. However, like any business decision, the imple......
The Production-Linked Incentive (PLI) scheme, introduced by the Government of India, is a strategic initiative designed to attract investments in critical sectors and enhance the competit......
In the rapidly evolving job market landscape, businesses are grappling with significant hiring challenges in India. Innovative solutions are emerging to address these issues, paving the w......
Investments from both the government and businesses in India towards skill development initiatives are propelling the ascent of degree apprenticeship programs. This strategic alignment un......
Genpact, in partnership with TeamLease Degree Apprenticeship is launching a major initiative to accelerate apprenticeship adoption in India. The global professional services firm operatin......
In a remarkable shift from traditional norms, the manufacturing sector is witnessing a surge in demand for women apprentices. Fueled by gender-agnostic recruitm......
In the landscape of global business operations, the emergence of Global Capability Centres (GCCs) stands as a testament to the evolving nature of corporate strategies.
What is the PLI Scheme? The Production Linked Incentive or PLI scheme is an initiative by the Government of India aimed at boosting domestic manufac......
Apprenticeships have emerged as a pivotal strategy for building a future-ready workforce. Despite its potential, however, apprenticeship programs have failed to gain traction in India as ......
Over the last ten years, mobile phone manufacturing in India has skyrocketed by 21 times, reaching ₹4.1 lakh crore, thanks to government initiatives like the Production Linked Incentive......
India has emerged as a powerhouse in the semiconductor sector. By 2028, the Indian semiconductor industry is projected to exceed $80 billion, fuelled by the expanding consumer electronics and autom......
A significant surge has been observed in female apprenticeship enrolment, marking a notable shift towards gender diversity and empowerment within the workforce. Over the past five years, there has ......
In the landscape of global economic competitiveness, workforce skill development emerges not merely as a relevant endeavour, but an essential one. This is particularly true for India......
With a rising population, India needs to utilise the potential of its vast human resources by empowering them with the right skills to fuel an already rapidly g......
In the recent years, India has witnessed a significant uptick in apprenticeship engagement, with around 40,000 organizations actively participating. This growth can be at......
Apprenticeship programs have emerged as a potent solution to address talent and skill shortages faced by companies in India and around the world. Recognizi......
In an era of rapid technological advancements and changing workforce dynamics, the need for a sustainable talent pipeline has become the need of the hour. The i......
Apprentice stipend, in general, is the financial allowance provided to apprentices as a form of compensation during their training period. With the growing inte......
The current Talent Crunch and skill gap in the Indian workforce have resulted in soaring "Cost to Hire" rates and diminished returns on investment for......
The Returns from our demographic dividend can only be reaped if businesses accelerate adoption of Upskilling programs and set-up infrastructure to make their ta......
The realm of employment is undergoing a swift transformation, and the velocity of this shift has surged further with the advent of the Covid-19 outbreak. This u......
Discovering the latest updates on apprenticeship deployment has never been more exciting. The latest edition of t......
Digital metamorphosis has transformed the fabric of businesses, leaving no area untouched, and HR is no different. To compete in a fast-evolving environment, HR......
The workforce has changed dramatically over the last decade, with Gen Z and Millennials now including the majority of workers. These generations bring unique va......
In India, many apprenticeship opportunities and on-the-job training are available in various industries. As a result, the number of apprentices doubled during the past fiv......
By equipping individuals with the skills required to adapt to the emerging digital economy, apprenticeship programs can reduce the skills gap in the right way.
In today’s world, content creators are not only required to communicate clearly but they also have the need to instantly produce content. With AI tools su......
It is said ‘Change is the only constant’ and this is especially true of the modern workplace which is in a state of continuous flux due to numerous socio-econ......
Part one of this two part series provided a comprehensive coverage on how the choices made during the recruitment process can significantly impact a business’s success and provided a list of ......
Hiring can be a make-or-break moment for any organization, and the choices made during the recruitment process can significantly impact a business’s success. As the......
National Credit Framework : A shot in the arm for India’s Skill Revolution From bustling cities to secluded villages, education in India is seen as the be......
Invest in youth to groom champions of tomorrow The recently concluded Fifa world cup has been a treat for......
The Indian IT industry workforce will grow by 7% in FY23 increasing the headcount to 5.45 million. Interestingly, both tech and non-tech companies are engaging with ap......
We must rely on Degree Apprenticeships to deliver the perfect balance of formal education and skill development. The Current State of Higher Education
The client is a top organization in the global professional services sector that makes business transformation real. The company believes in digital-led innovation and di......
Contrary to popular misconceptions, hiring an apprentice is an exciting opportunity for both the apprentice as well as the employer. This is because it facilitates mutual growth. The time......
77% of the employers or simply 7 in 10 businesses will increase their engagement of apprentices in the coming months. The Net Apprenticeship Outlook (NAO) soars to 69% fo......
The higher education sector and employers must brace five new realities to quickly adapt to the changing scenarios of the job market
TeamLease Degree Apprenticeship (TLDA) organized an online panel discussion on "Talent Creation through Degree Apprenticeship", slated for the 2nd of September 2022. We had thre......
The hospitality industry is one of the oldest sectors of our country. It has continued to be successful throughout the years by adapting to the changing tastes of its customers. With diff......
How will EVs transform the autom......
TeamLease Degree Apprenticeship (TLDA) organised an online panel discussion on "Talent Creation through Degree Apprenticeship'', on the 28th of July, 2022. For the discussion......
TeamLease Degree Apprenticeship (TLDA) organised an online panel discussion on "Building Human Capital through Apprenticeship" slated for the 15th of July 2022. On the......
The retail sector in India has gone through some drastic changes in recent years. Due to changing business trends, companies that operate within this sector have had to adapt accordingly.......
TeamLease Degree Apprenticeship (TLDA) organized an online panel discussion on "Simplifying Degree Apprenticeship" slated for the 16th of June 2022. On the P......
TeamLease Degree Apprenticeships conducted another session of the Apprenticeship Dialogue Series on leveraging apprenticeship and creating human capital. The session focused on the IT sec......
National Employability through Apprenticeship Program (NETAP) has been India's fastest-growing blended apprenticeship training program. NETAP has now announced its new brand identity as “......
You are reaching the end of your degree apprenticeship program and wondering what your next steps should be. You are probably looking for your future career opti......
Landing a place in the degree apprenticeship program might seem quite daunting from the outside, but believe us it is not that difficult. If you have the right set of soft skills and qualities then......
NETAP had another session of the Apprenticeships Dialogues Series on 18th January 2022. The panel had some esteemed leaders, Mr. Adetya Chopra, Chief Learning Officer at Motilal Oswal Fin......
According to the International Labour Organisation (ILO), India is facing a severe skill shortage. By 2030, the 29 million talent deficit is expected to reach 53 percent of Indian busines......
About a month back, NETAP launched a report called ROI on apprenticeships, which was actually built up over the first edition - largely focusing on the certain theories and hypothesis spa......
As India celebrates 60 years of the Apprenticeship Act, let’s have a look at the past and see what the future holds in creating an enabling system that is - simplified and motivatin......
The second edition of the Apprenticeship Outlook Report (AOR) was published by TeamLeas......
TeamLease Degree Apprenticeship recently launched the Apprenticeship Outlook Report (AOR) for the period July to December 2021. The report delivers hard facts about the hiring trends......
A mentor or trainer plays an indispensable role in the apprentice’s journey from start to end. Undertaking an apprenticeship is a huge responsibility and an opportunity for skills d......
With more than 54% of India’s population falling under the age of 25 its GDP is expected to rise from a mere 6% to 15%. A deficit of about 200 million skilled manpower has become on......
With close to 67% of the country’s population classified rural, skilling rural India is vital to regional and national development. The National Youth Policy 2014 def......
Degree Apprenticeships not only provide an immersive skills training environment, but also offer crucial insight into the real world of work thus bringing youth a step closer to their future em......
A couple of months into the financial year, it is a perfect time for all small and big organizations to revisit and revamp their old business strategies. A regular reassessment of HRM tre......
A pre-apprenticeship programme aids a smoother transition towards......
Ginger Hotels is the largest chain of branded hotels and the pioneer in budget hotel space in India. Known for its unique blend of caring and efficiency, Ginger Hotels is an excellent cho......
India is known for its robust workforce in IT and supports services......
According to a data published in the Make In India achievement report, it is estimated tha......
Who doesn’t love praise? Well, that is not the point. When you appreciate a trainee/apprentice who is working on probation in your organization for the good performance and hard work that he/......
Interviewing an apprentice may seem to be similar to hiring any other candidate. But, apprentices are different and hence it is important for HRs to set their expectations accordingly while intervi......
Is apprenticeship the future or employability? TeamLease Degree Apprenticeship, India’s largest degree apprenticeship program from TeamLea......
TeamLease Degree Apprenticeship conducted a webinar on 18th June 2021, discussing the
How Is Degree Apprenticeship Transforming the Modern Workforce? Degree Apprenticeships have played a vital role in recent years by simplifying staff training and HR opera......
All good intentions to make India the ‘Skills Capital of the World’ and to reap the benefits of skills-based economic development will fall flat if almost half of its population is ......
Here’s a quick read for the HR professionals of today. It is to simply shed light on the many aspects of HR functionality that are often overlooked or neglected. Our intention is to amplify a......
Great managers are not born that way; they make an effort to create a difference by going the extra mile. We all have heard someone say this or perhaps have said it ourselves, “The best boss ......
India has always had a history of 'underutilized apprenticeship'. There has been an attempt to fix it since 1975, but it has never really got the kind of attention it required. Ho......
An organization irrespective of its industry thrives because of its people. And with globalization, we can see how organizations are now doing cross-border trades with an amalgamation of culture, e......
The pandemic has had a major impact on apprenticeship on various counts. The main reasons are: - the scarcity of workforce due to pandemic - increased demand for essen......
76 percent of youth are very interested in pursuing skill development training and a whopping 81 percent consider internships or apprenticeships important for getting hired. So what are we waiting ......
The concept of degree apprenticeship has evolved over the years and has started to impart different perspectives to different individuals. TeamLease Degree Apprenticeship recently organis......
Industry Snapshot The Indian automotive industry (including component manufacturing) is projected to get to US$ 251.4-282.8 billion by 2026. The 4th large......
An acute lack of awareness of available government-run skill development programmes can well become a damp squib on the nation’s hankering to become the ‘Skill Capital of the World&rsqu......
Despite the fact that the Apprenticeship Act came into being in 1961, the number of companies that have leveraged apprent......
Degree apprenticeship might not be a word used a lot in India, but it has been gaining momentum for a few years now. Many have questioned the generic education system but we wer......
The year 2020 is going to be remembered as a distinct year because of the paradigm shift it has brought to the world......
The year 2015 saw the National Policy for Skill Development and Entrepreneurship heralding in landmark skilling initiatives in a significant push to spur economic gains through skilling, upskil......
Let’s face it. Employee turnover is real and businesses should pay attention to their employees just as they do to their clients and customers. It is a no-brainer that retaining a loyal custo......