You are on page 1of 2

Demand for Labor

Requirement in Services Sector (in ‘000) Sector 1 2 Construction Unorganized Annual Req. Growth 3,379 2,933 9% 8% Sector 12 Auto 13 Textiles Requirement in Manufacturing Sector (in ‘000) Annual Req. 2,500 1,200 Growth 19% 9%

3
4 5 6 7 8 9

Transportation
Organized Retail Healthcare Food Processing Education IT BFSI

1,265
1,239 917 663 415 379 303 260 214

17%
438% 29% 8% 6% 17% 7% 7% 20%

14 Leather
15 Gems and Jewel. 16 Furniture 17 Electronics 18 Chemicals 19 Const. Material Total Manufacturing
Key Takeaways

332
329 244 231 136 98 5,070

13%
10% 17% 26% 8% 9%

10 Tourism 11 Media

Total Services

11,967

~60% of annual labor demand is driven by 6 sectors: Construction, Transportation, Healthcare, Retail, Textiles and Auto
1
Source: NSDC reports, Ministry of Labor, UNESCO, CIA world factbook

Demand vs. Supply
Workforce Annual Demand (22.6MM)
Agriculture (5.6MM, 24%) Services (11.9MM, 53%) Manufacturing (5.1MM, 23%)

17MM required

Vocational (1.2MM, 6%) Population Annual Supply (23 MM, 100%)

Engineering (0.3MM, 1.6%)
Other Graduates (2.5MMM, 13.2%) Non-Graduates (16.2MM, 85.2%)

Literate (20.2 MM, 88%)

Class XII Pass (6.6 MM, 33%) Dropouts (12.4 MM, 61%)

Skill Gap
Source: NSDC reports, Ministry of Labor, UNESCO, CIA world factbook
2