For the complete report, get in touch with us at : info@netscribes.com Vocational training market in India was valued at INR 90 bn in 2011 and is slated to grow at a CAGR of 23%. Government has set a target of preparing 500 mn skilled workers by 2022, as around 75-80 mn jobs will be created over the next 5 years and 75% of them will require vocational training. The market is poised for strong growth over the next few years owing to favourable government support. The report begins with an introduction to the education market in India and its various sub-segments. Indian education system largely consists of formal and informal sectors, with the formal sector accounting for the major share. A macro overview of the Indian education system is also included, which throws light on some of the key indicators such as literacy rate in India, demographic split in education, budget allocation for education and five year plan outlay for education. This section also includes the vocational training policy framework present in India. The market overview section gives an insight into the overall education market in India along with the vocational training market, their market size and growth. This is followed by the key segments and applications of vocational training. In India, it is present in both formal and informal sectors and has wide applications in areas such as IT, BFSI, retail, aviation and others. The education and vocational training structure in India is also provided. Additionally, an analysis of Porter’s Five Forces provides an insight into the competitive intensity and attractiveness of the market. An analysis of the drivers and challenges explains the factors leading to the growth of the market including huge demand for skilled workers, low vocational training penetration, increasing government expenditure, growth in service sector and inefficiency in formal education system. The key challenges identified are low quality of inputs and lack of finance. The government participation in this sector has also been highlighted in the report, and includes government bodies, government initiatives and associated bodies. Ministry of Human Resource Development and Directorate General of Employment & Training are the two key government bodies in this sector. Government initiatives largely comprise of National Policy on Skill Development, Skill Development Initiative Scheme, Craftsmen Training Scheme, National Vocational Qualification Framework and National Vocational Educational Qualification Framework. Industry associations impacting vocational training segment constitutes of FICCI, CII and ASSOCHAM. Foreign collaborations in this sector include countries like UK, Canada, Germany, Switzerland and Australia. International bodies like International Labour Organization, World Bank and European Union, also contribute to the vocational education and training segment in India.

1. FOR IMMEDIATE RELEASE
Strong government backing to fuel Vocational Training Market in India, finds Netscribes
Netscribes (India) Pvt. Ltd. launches a report on the Vocational Training Market in India 2012 as part of
Netscribes’ Education Industry Series.
Mumbai, India – April 6, 2012 – Netscribes (India) Pvt. Ltd., a knowledge consulting solutions company,
announces the launch of its report Vocational Training Market in India 2012. Vocational training market
in India is likely to take off over the next few years owing to strong government participation. Huge
demand-supply gap also encourages the entry of new players in this segment.
The report begins with an introduction to the education market in India and its various sub-segments.
Indian education system largely consists of formal and informal sectors, with the formal sector accounting
for the major share. A macro overview of the Indian education system is also included, which throws light
on some of the key indicators such as literacy rate in India, demographic split in education, budget
allocation for education and five year plan outlay for education. This section also includes the vocational
training policy framework present in India.
The market overview section gives an insight into the overall education market in India along with the
vocational training market, their market size and growth. This is followed by the key segments and
applications of vocational training. In India, it is present in both formal and informal sectors and has wide
applications in areas such as IT, BFSI, retail, aviation and others. The education and vocational training
structure in India is also provided. Additionally, an analysis of Porter’s Five Forces provides an insight
into the competitive intensity and attractiveness of the market.
An analysis of the drivers and challenges explains the factors leading to the growth of the market including
huge demand for skilled workers, low vocational training penetration, increasing government expenditure,
growth in service sector and inefficiency in formal education system. The key challenges identified are low
quality of inputs and lack of finance.
The government participation in this sector has also been highlighted in the report, and includes
government bodies, government initiatives and associated bodies. Ministry of Human Resource
Development and Directorate General of Employment & Training are the two key government bodies in
this sector. Government initiatives largely comprise of National Policy on Skill Development, Skill
Development Initiative Scheme, Craftsmen Training Scheme, National Vocational Qualification
Framework and National Vocational Educational Qualification Framework. Industry associations
impacting vocational training segment constitutes of FICCI, CII and ASSOCHAM. Foreign collaborations
in this sector include countries like UK, Canada, Germany, Switzerland and Australia. International bodies
like International Labour Organization, World Bank and European Union, also contribute to the vocational
education and training segment in India.
Key trends in the market have also been analysed which includes investments and M&A activity in
vocational training, corporates imparting vocational training, government encouraging public private
partnerships and, online and distance vocational courses.
The competition section provides an overview of the competitive landscape in the market and includes a
detailed profile of the major players. A bubble chart for the public companies, depicting their relative
positions in the market with respect to total income, net profit/loss and market capitalization is included.
Similarly, a bubble chart for the private players is also included with respect to their total income, net

2. profit/loss and total assets. This section also includes list of products and services, key people, financial
snapshot, key ratios and key recent developments for all companies, along with key business segments and
key geographic segments for public companies. The report concludes with a section on strategic
recommendations which comprises of an analysis of the growth strategies of the vocational training market
in India.
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