To address the immediate and critical need of trained manpower in Tourism & Hospitality, Security Services, and Telecom.
With expected investments of US$ 11 billion over the next couple of years, the domestic hospitality industry is adding four million jobs per year. Over 40 international hotel brands are slated to make their presence in the country in the next few years. The Indian Government has cleared the decks for 300 new hospitality projects to be completed by 2015.
Foreign tourist arrivals are slated to grow from five million in 2008 to ten million by 2010. With investment plans for around 1, 00, 000 more rooms by 2011, the hospitality industry requires around nine lakh skilled employees by 2012. All of these point to tremendous growth opportunities and an ever increasing demand for skilled manpower in this industry.
India currently has approximately 5.5 million security guards employed by about 15,000 security agencies. The industry which was experiencing an annual growth rate of 25 per cent due primarily to the country’s infrastructure development is estimated to grow at a rate of 40 per cent.
The average security guard in India is often under-screened, undertrained, under-supervised and underpaid. India’s Private Security Agencies Regulation Act, 2005 (PSAR), was created to improve private security standards in the country by issuing licenses to security companies. It also sets minimum standards for security guards, such as 160 hours of training before deployment. The private security business, a Rs 22,000 crore industry now, is expected to reach Rs 50,000 crore as security has become top priority for Indian corporate houses.
India is currently the world’s second-largest telecommunications market and has registered strong growth in the past decade and half. The government has enabled easy market access to telecom equipment and a fair and proactive regulatory framework that has ensured availability of telecom services to consumer at affordable prices.
With m-governance, m-commerce, m-education, m-health, online shopping, m-gaming, m2m communications & many such new innovations, Telecom is set to increasingly permeate the lives of common Indians in coming years. This dynamic sector, employs close to 2.8 million people directly and almost another 7 million indirectly, making it one of the largest employment generating sectors in the country. At the current rate of growth, it has the potential to generate almost an equal number of job opportunities over the next ten years.