(Pumps and compressors)

While pick up of activity in India’s manufacturing sector towards the end of 2020 offers some respite highlighting how both the government and businesses are working in tandem to get the growth back to normal, we still have a long way to go. Budget focus towards new-age skills will address educational and societal shortfalls of the country’s youth with new-age technology and skills which are market-relevant today.

Embracing digital transformation and enhancing critical data skills of the entire workforce is helping companies to gain competitive advantage. The upcoming budget can prove to be a game changer for skill development, given that we are constantly talking about talent crunch in new-age skills across top and bottom of the pyramid.