Background
India is a young nation with ~65% of its population below the age of 35 years. This demographic dividend presents an opportunity that can be leveraged to create a high-quality skilled workforce for the rest of the world, especially those nations which have an ageing or declining national population.
To cater to the global workforce demand, NSDC actively pursues global partnerships with governments and businesses with the aim of
This is in line with the Government of India’s vision to transform India into the Skill Capital of the World. At present, NSDC has actively worked in markets like Japan through the Technical Intern Training Program (TITP) and the GCC countries including UAE and Kingdom of Saudi Arabia through Government to Government (G2G) and Business to Business (B2B) workforce mobility collaborations. Progress has also been made for developing partnership across countries like Canada, Australia, Finland, Morocco, Sweden, Russia, Jordan, Maldives, among others.
NSDC, along with Ernst & Young (EY) has conducted the ‘Global Skill Gap Study’. The study showcases the in-depth analysis of the global workforce markets with prime focus on leveraging the opportunities to the benefit of Indian workforce. The study highlights nations that would face workforce shortages in the foreseeable future and maps out the corresponding opportunities that these shortages present for the Indian workforce.
Key findings of the study highlight the demand of Indians in European countries, countries with mature migration systems like Japan, US, Australia, Canada, Singapore and countries in the Gulf Cooperation Council (GCC). As per the study, sectoral demand for Indian migrants:
IISC Network
Objective
With this background, the IISC Network is envisioned to be the nodal platform to facilitate international workforce mobility opportunities for Indians. This network will be central to the GOI’s plan to make India the skill capital of the world. It will be a fee based, market driven model, determined by global workforce supply and demand dynamics. It will comprise of Member Organisations operating through several fixed centres to be referred as IISCs. Through the IISC Network, Member Organisations will be supported to work across various country clusters including:
NSDC along with the IISC Network Member Organisations shall work to achieve the following milestones in the next 5 years for the above-mentioned country clusters: