Published 17:09 IST, March 16th 2022
Over 72% of Indian employers keen to recruit apprentices in 2022: Report
Over 72% of employers are interested in appointing apprentices this year. The Net Apprenticeship Outlook (NAO) has soared to 56% for the current half-year.
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Over 72% of employers are interested in appointing apprentices this year. Net Apprenticeship Outlook (NAO) has soared to 56% for current half-year. It records an increase of 11% as compared to previous half-year. This is stated in latest edition of Apprenticeship Outlook Report for H1 (January to June 2022) released by TeamLease Skills University.
Over 72% of employers in India looking to recruit apprentices in 2022
positive sentiment for apprentices is across sectors. Out of 18 sectors surveyed in report, employers across 10 sectors have a positive outlook to appoint more apprentices. Engineering (82%), Automobiles & Ancillaries (74%), and Retail (70%) have emerged as leers. net apprenticeship outlook for some of sectors has also improved. Automobile and Agriculture have witnessed most significant HY-on-HY NAO growth (16% and 15% respectively) amongst all sectors, followed by Telecommunication & BFSI (14% HY-on-HY growth each). ditionally, NAO for or sectors stood at – Engineering: 82%, Automobiles & Ancillaries: 74%, Retail: 70%, outlook report suggests.
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Sharing his views about industry and report findings, Sumit Kumar, Vice President - NETAP, TeamLease Skill University, said “When it comes to option of apprenticeship in India, last five years have been very rewarding. Employer sentiment has drastically improved on account of awareness and reforms in apprenticeship system, with more employers coming to forefront and engaging more apprentices. finding of report that 72% of employers have expressed to engage more this fiscal is fortifying sentiment furr, and indicating that option is here to stay and grow. positivity is not restricted to employers, more aspirants now look at apprenticeships as a beneficial method to enter formal employment. y have understood merit of apprenticeships in enabling m to earn as well as study, thus giving m necessary experience and increasing ir chances of shaping ir career.”
“However to furr scale apprenticeships in India to its true potential, it is important to create a framework for faster option and implementation of apprenticeships programs. New Education Policy has laid foundation for this alrey. We need to fast track NEP and ensure that re is better preparedness amongst employers and acemia to opt apprenticeships. A tripartite association between acemics, industry and youth will go a long way in boosting se programs. recently launched degree embedded programs by UGC are game-changer in education which will dress youth employability, solves skill crisis and achieve gross enrollment ratio objective. We have potential to reach 10 million apprentices in 10 years, provided necessary actions are undertaken to have university as an integral of apprenticeship system, all universities are allowed to offer blended learning methods (online and on-site, along with on job) for degree apprenticeships”, ded Mr Kumar.
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Outlook Report Highlights
A deep dive into regions appointing apprentices, report highlights that Chennai, followed by Ahmedab and Delhi are top regions where 75%, 72% and 70% of employers, respectively, are planning to appoint more apprentices. From a net apprenticeship outlook perspective, Chennai is at 75% (a 10% growth), Ahmedab at 72% (3% growth) and Delhi is at 70% (12% growth).
Aligned with previous year, intent to appoint tre apprentices continues to be higher than gruates and degree apprentices. From profile/roles point of view, top profiles (and ir net apprenticeship outlook) across se categories were - Data Analytics Executives (23%, under Gruate Apprentices), Production Apprentices (20%, under Tre Apprentices) and Maintenance Technician-Electrical (20%, under Designated Tre Apprentices).
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Apprenticeship Outlook Report is a detailed survey, covering 14 cities and 18 leing sectors. report has surveyed 871 employers and captures appointment sentiment for period HY (January to June) 2022.
Key Findings
Net Apprenticeship Outlook (NAO) soars to 56% for current HY (Jan – Jun 2022) – an increase of 11% over previous HY).
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During current HY 72% of employers are likely to increase ir hiring of apprentices. This has increased from 64% in previous HY and 58% in Jan – Jun 2021
top three sectors across Manufacturing Industry
- Engineering-82%
- Automobile and Ancillaries-74%
- FMCG & D-59%
top three sectors in Services Industry
- Retail-70%
- Logistics-64%
- BFSI-63%
Top 3 cities from Metro with highest NAO
- Chennai- 75%
- Delhi-70%
- Bengaluru-62%
Top 3 cities from non-Metro with highest NAO
- Ahmedab-72%
- Kochi-50%
- Lucknow-47%
Top category of apprentices
- Tre apprentices-80%
- Optional tre-69%
- Designated tre-64%
- Top 3 preferred skills
- Technical Knowledge
- Willingness to learn
- Remote / Hybrid Work
Key hiring challenge in current HY (Jan – Jun 2022): Jobseekers prefer employment over apprenticeships, as per 30% of employers surveyed. Previous HY: Compensation related issues (26%).
Data Analytics Executives (23%, under Gruate Apprentices), Production Apprentices (20%, under Tre Apprentices) and Maintenance Technician-Electrical (20%, under Designated Tre Apprentices) are most sought after job profiles for current HY.
17:09 IST, March 16th 2022