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India leaps ahead of China in business and technology skills

India leaps ahead of China in business and technology skills

In its latest Global Skills Index 2020, India ranks 34th within the business domain whereas China ranks 45th. Within the technology domain, India ranks 40the globally whereas China ranks 50th.

Indian youths looking global market and will lead business world, this is new India 2020" said Mr. Sanjib Roy, Founder Director Global Advanced Training and educational Trust

By 2030, the talent surplus will be most visible in industries like financial services (with a surplus of 1.1 million professionals), technology, media, telecommunications (with a surplus of 1.3 million professionals) and manufacturing (with a surplus of 2.44 million professionals). Realising the importance of upskilling and training, the Indian government has already introduced various programmes under its Skill India initiative to nurture highly skilled and employable Indian youth.


“With the Indian workforce expected to increase 27 per cent to 600 million by 2022, the opportunity for India to become the global talent hub for emerging technologies cannot be understated,” said Global Skills Index 2020 report.


According to Google Trends (see chart below), we hit peak resilience in April 2020. Which means that people were more curious than ever about what resilience is, and/or how to get it. Not surprising in the context of a global pandemic.


Interest in 'resilience' spiked along with Covid-19 in the US.

Interest in 'resilience' spiked along with Covid-19 in the US. GOOGLE TRENDS

But like so many things that are super important, we do very little to teach ourselves, each other, or our kids about how to be resilient. There's a popular trope that helicopter parenting chased out any single cell of resilience that Gen Y might have been born with. On the other hand, Deloitte research has called Millennials (Gen Y) the 'resilient generation,' given all the very real challenges they're facing and ultimately overcoming. Covid-19 is the most recent of these challenges, building on unprecedented student loan burdens, career path uncertainty, and local, national, and global unrest.


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