
International Journal For Multidisciplinary Research
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Skilling India to Become the World’s Largest Economy by 2035
Author(s) | Mr. Neal Vivek Nathwani |
---|---|
Country | India |
Abstract | This paper discusses the skills India’s workforce needs to cultivate in order to leverage opportunities in high growth industries with a view to becoming the world’s largest economy by 2035. The industries that the paper has categorized as ‘high growth’, are ones that are expected to do well in view of global economic trends and sectoral growth opportunities. These industries are likely to help move the needle on India’s GDP growth significantly. The paper also provides research on skill development models to show how India could skill its employable population effectively and efficiently. The study emphasizes the need for large-scale skilling in sectors such as manufacturing, technology, renewable energy, healthcare, financial services and logistics. Drawing on global best practices and domestic policy successes, the paper proposes scalable strategies for skill development. These strategies include vocational training, industry-academic partnerships, digital platforms and public-private initiatives. This study highlights the importance of aligning education with industry needs. It talks about cultural resistance to vocational training and also discusses the inconsistent quality of current training programs. It gives insights into successful skilling models from China, Germany and South Korea, with a view to propose ways in which India can adapt these strategies within its unique socio-economic context. By leveraging India’s diverse demography, investing in people and addressing skill mismatches, India can fast track its transition from a service-based economy to a manufacturing and technology-led one This paper shows that a focused skilling strategy, along with innovative policy measures and sustained political will, can help India become the largest global economy by 2035. |
Keywords | GDP growth, workforce, vocational training |
Field | Sociology > Economics |
Published In | Volume 7, Issue 2, March-April 2025 |
Published On | 2025-04-26 |
DOI | https://doi.org/10.36948/ijfmr.2025.v07i02.42659 |
Short DOI | https://doi.org/g9gvg6 |
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