Priority Sectors

The automotive industry comprises a wide range of organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It is amongst one of the world’s largest economic sectors by revenue. India is now the 3rd largest passenger car market and among the largest two wheeler market in the world. The industry contributes more than 7% to the GDP, employs nearly 16 million people and is growing at a healthy clip of 7%+ annually – clearly a critical sector from an employability perspective.

Y&Now undertakes Job Ready skilling courses such as Training Tyre Mechanics, Service Technicians, Fuel Dispensing Attendants, Sales Consultants, Sales Advisors, Machinists, Drivers, Welders, Auto-paint & Collision Repairs, Four-Wheeler Technicians and HCV drivers simulator-based training using VR.

The favorable demographics and increasing level of personal spending are fueling an unprecedented growth in personal beauty, grooming and wellness. Beauty, grooming and wellness are no longer mere indulgences; they are aspirational, the millennial and their tribe are the leading change agents in this sector. The Beauty and Wellness sector is growing at a CAGR of 19% and will add almost 7 Million individuals to the workforce in the next few years. “Skilling is an important tool of women empowerment as the students after training, can set up wellness and beauty centres by availing easy loans, like MUDRA and can also motivate others for such gainful employment opportunities,” said Mahendra Nath Pandey, Skill Development Minister, in an interview with a leading financial daily.

The Beauty and Wellness cell at Y&Now creates curated content and Industry based training programmes for job roles as Beauty Therapists, Skin Therapists, Pedicurists, Manicurists, Hair Stylists and Fitness Trainers to name a few.

The sector skill gap survey conducted by KPMG for NSDC reveals that India’s BFSI sector is expected to employ an additional 1.6 million skilled workers by 2022 over the current levels. The report further reveals that the sector will need an infusion of manpower in several departments, including corporate banking, retail banking, treasury, finance, technology and HR to meet future challenges. Technology has changed the way banking is done. Alternative delivery channels, such as mobile, internet, ATMs and smartphones have emerged over time. It requires bank employees to be trained and stay updated on the processes involved in these distribution channels and the technology user interface. Re-skilling of employees would be required at each level, for the banks to make a shift from predominantly back office roles to predominantly sales and service roles. Soft skills are also essential in this new paradigm of technology led banking and financial services.

The BFSI Cell at Y&Now works closely with the sector skill council and fintech companies to develop industry relevant online modules to address the skilling (reskilling and upskilling) needs of the burgeoning Industry.

This is one of the largest sectors in terms of employment generation as well as value contribution. It contributes almost 9% to the GDP and employs more than 34 Million people. The sector is largely unorganized with 83% of the workforce in the semi-skilled or unskilled category. Very simply, a huge gap exists in the skilled manpower required in the sector.

The key job roles to name a few that Y&Now focuses on are – Helper Electricians, Assistant Electrician Helpers, Helper Bar Benders & Fixers, Helper Masons, Assistant Scaffolders, Assistant Bar Benders, Carpenters for Shuttering & Scaffolding, Tiling Masons, Assistant Masons, and Painter Decorators using VR.

Healthcare has become one of India’s largest sectors – both in terms of revenue and employment. Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment. The Indian healthcare sector market size is pegged at US$380 Billion in 2022 (est.); it will employ 7.5 million people, up, from a current level of about 4 million. A high priority sector for the Nation, the world’s largest government funded healthcare scheme – Ayushman Bharat was launched in 2018.

The Y&Now Healthcare Cell is sharply focused on this critical sector. Some key Job roles with large employability quotient are: General Duty Assistants, Bedside Assistants, Refractionists, Health Screening Specialists, Lab Technicians, X-Ray Technicians, and Phlebotomists.

A sector undergoing transformational change in terms of technology with the advent of AI, Machine Learning, Robotics, Nanotechnology to name a few. The IT&ITES Industry is pegged at US$181 Billion and employs
4.1 million people. This industry is clearly seeing changes at both ends – reskilling as well as upskilling to match the requirements and the need of the hour.

The IT Cell at Y&Now works on specially curated content for both online and offline delivery modules to meet the growing requirements here. Some job roles are: Domestic Data Entry Operators, Desktop Publishing, CRM Domestic Non-voice, Cybersecurity, AI, ML, Development Ops, Website Development and Digital Marketing.

The Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. It accounts for over 10% of the country’s GDP and around 8% of the total number of people employed in the country. India is the world’s fifth-largest global destination in the retail space. The market size is pegged at US$950 billion in 2018 at CAGR of 13% and is expected to reach US$1.1 trillion by 2020. Revenue generated from online retail is projected to grow to
US$60 billion by 2020.

The Retail Cell at Y&Now works on both online and offline delivery modules in conjunction with industry led On the Job Training. Some key job roles in the sector are Retail Sales Associates, Retail Cashier, Retail Store Manager, Merchandiser, Security and Loss prevention, Customer Sales Associates and Floor Managers.