Indian Startup Technovations and BRICS Chambers of Commerce & Industry join hands for Skill India

New Delhi, Mar 03 (KNN) Less than a year old professional IT skills training company, Technovations Services Pvt. Ltd, is proud to announce its collaboration with Trans-national organization, BRICS Chamber of Commerce and Industry for Skill India. The objective behind the valuable tie-up is to enhance skills and employability of educated youth in India. At the initial stage, the focus is on students aspiring to become IT, Telecom, Software and Electronic & Communications engineers.

The tie up and the MoU between the two was announced during a seminar on “Flying Eagle” which was inaugurated by R.C. Sharma, President, FORE School of Management.

“It’s indeed an exciting moment to collaborate with BRICS Chambers of Commerce & Industry and ensuring the youth to develop the technical & soft skills to become ready for the employability. We believe this initiative will also prove as one of the best practice for the “Skilling India” concept which is also a major focus for the government right now.” stated Neetu Kishore, CEO, Technovations Services Pvt. Ltd.

As per a report by McKinsey Global, the global requirement of skilled workforce is estimated to reach 38 - 40 million and 70 - 80% of the educationally qualified youth in India remains unemployed. As per Indian Skill 2015 report, the ground reality is abysmal with only 17% of engineering graduates and 10% of MBA graduates in the country being employable. To address the same, Technovations will provide a skill development platform to the Engineering and Management students to get trained and work on tools & technologies being used in the industry, and get prepared for working in a competitive professional environment.

“It’s really exciting to see the start-ups coming forward with new initiatives and taking a step forward to support Skilling India concept. We urge to have more of such collaborations to ensure the employability to the educated youth. This was a neglected concern for a long time which resulted in unemployed youth,” commented on the development, Dr. B.B.L. Madhukar, Secretary General, BRICS Chamber of Commerce & Industry.

In the recent Budget 2016 announcement, the Finance Minister, has laid down the path for skilling over 1 crore youth in next three years by opening numerous multi-skills training centers, setting up of National Board for Skill Development Certification and Higher Education Financing Body. (KNN Bureau)