To, address the immediate and critical need of trained manpower and provide the unemployed youth of the nation with a mean to support themselves and their loved ones. Optaamaze currently provides training and placement in Apparel, Automotive Repair, Electrical, Gems & Jewelry, Retail, Security, Telecom, and Tourism & Hospitality.
Apparel is one of the basic necessities of human civilization along with food, water and shelter. The Apparel Industry reflects people’s lifestyles and shows their social and economic status. The Apparel and Textile industry is India’s second largest industry.
The domestic textile and apparel industry in India is estimated to reach US$ 141 billion by 2021 from US$ 67 billion in 2014. Increased penetration of organized retail, favorable demographics, and rising income levels are likely to drive demand for textiles. India is the world’s second largest exporter of textiles and clothing.
Textile and apparel exports from India are expected to increase to US$ 82 billion by 2021 from US$ 40 billion in 2014. Readymade garments remain the largest contributor to total textile and apparel exports from India. In FY15 the segment had a share of 40 per cent of all textile and apparel exports. Cotton and man-made textiles were the other major contributors with shares of 31 per cent and 16 per cent, respectively.
The automobile industry is one of the key drivers that boosts the economic growth of the country. Since the de-licensing of the sector in 1991 and the subsequent opening up of 100 percent FDI through automatic route, Indian automobile sector has come a long way. Today, almost every global auto major has set up facilities in the country.
As per the data published by Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce, Government of India, the cumulative FDI inflows into the Indian automobile industry during April 2000 to October 2013 was noted to be US$ 9,079 million, which amounted to 4% of the total FDI inflows in terms of US $. The production of compact superbikes is also expected to take place in India. The country has a mass production base of 16 million two-wheelers and the several global as well as Indian bike makers are looking forward to use it as an advantage in order to roll out sports bikes in the 250 cc capacity.
The automobiles sector is compartmentalized in four different sectors which are as follows:
- Two-wheelers which comprise of mopeds, scooters, motorcycles and electric two-wheelers
- Passenger Vehicles which include passenger cars, utility vehicles and multi-purpose vehicles
- Commercial Vehicles that are light and medium-heavy vehicles
- Three Wheelers that are passenger carriers and goods carriers.
The world standing for the Indian automobile sector, as per the Confederation of the Indian industry is as follows:
- Largest three-wheeler market
- Second largest two-wheeler market
- Tenth largest passenger car market
- Fourth largest tractor market
- Fifth largest commercial vehicle market
- Fifth largest bus and truck segment
There are a wide range of jobs available in the automobile industry in 2016-2022. With the number of vehicles available on the road today, the need and requirement for people who can fix these machines is fast increasing. Careers like automobile technician, car or bike mechanics are a great option. Becoming a diesel mechanic is also a significant alternative. Diesel mechanics are responsible for repairing and servicing diesel engines. As they are also required to repair engines of trucks and buses, other than cars, they are provided with hefty wages.
Electricity demand in the country has increased rapidly and is expected to rise further in the years to come. In order to meet the increasing demand for electricity in the country, massive addition to the installed generating capacity is required.
By 2022, the installed power capacity in India is expected to reach 350 gigawatts (GW) from 243 GW in 2014, on the back of increasing industrialisation and economic development. The total market size of electrical machinery in India is anticipated to reach US$ 100 billion by 2022 from US$ 24 billion in 2013.
The electrical machinery sector consists of generation, transmission and distribution machinery. The transmission and distribution market expanded at a compound annual growth rate (CAGR) of 6.7 per cent over FY07-13. Boilers (16 per cent), cables (15 per cent) and transmission lines and conductors (12 per cent) account for a large chunk of the revenue. The generation equipment market is expected to expand at a CAGR of 12.7 per cent over FY12–22.
The exports of electrical machinery rose to US$ 3.9 billion in FY14 from US$ 3.4 billion in FY12. Boilers & parts and electrical wires and cables were the primary drivers of the increase in exports
India is one of the eight key world markets, the others being the USA, UK, Middle East, Turkey, Japan, Italy and China. India is the also the largest consumer of gold in the world, and is estimated to hold nearly 16,000 tonnes of gold, accounting for nearly 12-15% of the world’s cumulative ‘above ground’ gold stocks. India is also the largest diamond cutting and polishing centre in the world.
While a predominant portion of gold jewelry manufactured in India is for domestic consumption, a significant portion of rough, uncut diamonds processed in the form of either polished diamonds or finished diamond jewelry is exported.
The manufacturing and processing of Gems and Jewelry is distributed across several countries in the world (i.e., the African continent dominates the mining space of diamonds whereas India is the dominant player in diamond processing). Apart from being a major market, India primarily forms a part of the polishing and jewelry manufacturing part of the industry’s value chain in addition to increasing traction in the organised retail of jewelry.
India Retail Industry is the largest among all the industries, accounting for over 10 per cent of the country’s GDP and around 8 per cent of the employment. The Retail Industry in India has come forth as one of the most dynamic and fast paced industries with several players entering the market. The India Retail Industry is gradually inching its way towards becoming the next boom industry.
By 2018, the Indian retail sector is likely to grow at a CAGR of 13 per cent to reach US$ 950 billion. Organized retail industry is expected to account for 24 per cent of the overall retail market by 2020. While the retail market is expected to nearly double to US$ 1 trillion by 2020 from US$ 600 billion in 2015.
The Retail Sector which now boasting of retailing almost all the preferences of life – Apparel & Accessories, Appliances, Electronics, Cosmetics and Toiletries, Home & Office Products, Travel and Leisure and many more, is witnessing rejuvenation as traditional markets make way for new formats such as departmental stores, hypermarkets, supermarkets and specialty stores. And the growing demand for well-trained young working population, along with increasing opportunities for working women population in the services sector are key factors that need to be addressed by educating the Youth and Skilling them so that they are able to become a valuable asset to this Industry and contribute in its further success.
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.
The Tourism and Hospitality industry in India is counted amongst the largest service industries in the country. As per the latest reports, it contributes up to 6.23% to the National Gross Domestic Product (GDP). Apart from this, it is also credited for providing 8.78% employment opportunities in India. The industry mainly comprises of three sectors: Hotel and Restaurants, Tour Operators and Travel industry. Amongst these the Hotel and Restaurants sector has experienced a great boom in the last few years and is expected to continue growing. According to research, this industry is expected to be worth Rs.827.76 billion in 2009-10, thus having grown at a compounded annual rate of 11% from 2006-07.
The financial growth is a result of improved standards of facilities and services, which now cater to a variety of domestic and international tourists. There is now an extensive use of technology, environmentally friendly practices and improved techniques for cooking and hotel management. This improvement is not limited to upscale luxury hotels, but has also seeped down to budget hotels, in its own way.
The Hotel and Restaurant sector is not without problems though. There is a demand-supply mismatch with respect to manpower. A study conducted by Ministry of Tourism suggests that existing supply of human resources do not cater to even 40% of the demand. Such a high proportion of untrained manpower would adversely affect quality of services offered to the tourists. The industry has no alternative but to fill the void with untrained resources in all areas of operation.
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.