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Industry players agree to take Responsibility for providing Skills to Youth

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Devendra FadnavisEducation and skill development attracts a major focus at the just concluded ‘Make in India’ week, in Maharashtra. The major industry players advocate the need for providing skills and education to the youth to make them industry-ready. They agreed that they need to take a bigger responsibility than the government to provide skills necessary to make available work force employable.

Maharashtra could retain its position as the top investment destination and also lead the way in manufacturing if the government and industry worked together to meet the challenges of providing the necessary skills, creating an ecosystem conducive for innovation and start-ups, and building infrastructure to enable the agriculture and rural markets to benefit from the economic growth, industrialists agreed at the Maharashtra Investment Summit at the ‘Make in India’ week.

Devendra Fadnavis, Chief Minister, Maharashtra; Piyush Goyal, Union Minister of State for Power (Independent Charge); Ratan Tata, Chairman Emeritus, Tata Sons Ltd; Baba Kalyani, Chairman, Bharat Forge Ltd; Nikhil Meswani, Executive Director, Reliance Industries Ltd; Gautam Singhania, CMD, Raymond Group; and Dilip Shanghvi, Founder and Managing Director, Sun Pharmaceutical Industries Ltd, participated in the session on “Maharashtra: Leading the Way Forward for India’s Manufacturing.” Pawan Goenka, Executive Director, Mahindra & Mahindra, moderated the discussion.

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While speaking at the session, Chief Minister told the industry to approach the government with suggestions and assured that the government would ‘tweak’ the policies based on the inputs provided by them.

Ratan Tata, the former Tata Sons chairman, who has invested in a few start-ups himself, said that the start-up sector needed a conducive environment, skills, space, ease of entering business and a policy of innovation. “Apart from the IITs (Indian Institutes of Technology) and established institutions of education, we need research centres and centres of innovation to encourage our young talent to innovate,” he added.

Kalyani said the fourth industrial revolution in the world or in Maharashtra would create a completely different ecosystem that would have a level playing field between the developed and developing countries. “But the most important component of this revolution is that 65 per cent of the new jobs that will be created around the globe are the jobs we do not know anything about and here, skilling people will be very essential,” Kalyani said. He suggested the creation of a skilling corridor in Maharashtra.

Nikhil Meswani suggested establishing world-class universities and research centres to impart skills.

Dilip Shanghvi pointed out that the pharma industry was in a transition phase which required new skills and ability to tap new technologies.

On skill development, Pawan Goenka told his peers from the industry that in the developed world, the industry took a greater share of imparting the right skills than the government. “In the developed countries, the industry takes care of 70 per cent of skill development but in India, we look up to the government only to do this. It is time the industry took on a bigger responsibility,” he said.

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