India Faces Monumental Workforce Training Challenge
The construction industry training issues in the United States are considerable, but nothing when compared to the plans in India. The Bureau of Labor Statistics (BLS) projections of need for the construction industry in the US from 2008 through 2018 suggest that there is a need to add 180,000 new workers a year or 1.8 million new workers by 2018. If we straight line that number through 2022 we get 2.16 million new workers.
According to a post yesterday on the Poten & Patners website, the National Skill Development Corporation (NSDC) of India has set a projection of training 150 million workers in 20 sectors by 2022. They are projecting a need for training 33 million new construction workers over that period of time. That equates to 6.5 times the number of construction workers needed in the US over the same period of time.
The very scale of that opportunity is amazing and the implications to construction world-wide are considerable. [node:read-more:link]