The National Employability through Apprenticeship (NETAP), the largest private degree linked apprenticeship program in India in association with the TeamLease Skills University recently mentioned in their report “The Apprenticeship Outlook and Index”, that the retail industry in India is more keep to employ apprentices.
In their report, the duo interviewed different organizations. 45% of the retail companies have expressed their interests in hiring apprentices. This was followed by the service sectors, 42% of them are interested to hire apprentices in the future.
Mr. Sumit Kumar, Vice President – NETAP, TeamLease Skill University, said, “The government has taken multiple initiatives like FDI clearance, policy changes, etc. which have led to a potential increase in retail activity through the expansion of local chains and large format malls. Employers have realized that to take advantage of the positive eco-system they require a steady pipeline of productive and highly skilled workforce. The only way to create this workforce is through apprenticeship. The gap in employability is also a key contributor towards the rise in apprentice hiring by the sector. Though good, today the participation by the corporates in the retail sector is pegged at 45% only, we are confident that it will steadily increase and apprentices will be an integral part of the human resource planning in the sector.”