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

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 Mr. R.C. Sharma, President, FORE School of Management. The renowned speakers from Industry included Mr. N Parameswaran, Ex Principal Advisor, TRAI, Mr. Arun Chandra, GM Systems, MMTC, Ms. Meher Afroz, GM, Microsoft and Ms. Ruchita Sharma, Director HR, Fidelity Worldwide Investment, Lt. Gen D.V.Karla and Dr. J.K.Das, Director, 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 Mrs. 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.