Phillips
Education, hosted The G.R.O.W.T.H. Dialogue – Gathering Resources and
Opportunities for Workforce Transformation & Humanity at Taj Lands’ End,
Mumbai. The event brought together Saurabh Bahuguna, Hon’ble Minister for Skill
Development & Employment, Uttarakhand, and over 40 senior leaders from
government, industry, academia, and CSR to discuss India’s skilling priorities,
policy frameworks, and collaborative pathways to prepare a future-ready
workforce.
India
is at a defining moment in its growth story. With ambitious targets in
aerospace, defence, semiconductors, renewable energy, and artificial
intelligence, the need for a highly skilled workforce is greater than ever.
According to the World Economic Forum, 44% of today’s skills will be obsolete
by 2030, while India is targeting a $64 billion semiconductor market by 2026, a
$70 billion aerospace and defence sector by 2030, and 500 GW of renewable
energy capacity by 2030. The dialogue focused on the central question: Can
India become a global economic and industrial leader without addressing the
skills gap? McKinsey estimates that effective skilling could add $500 billion
to India’s GDP by 2030, with sectors like aerospace and defence requiring lakhs
of trained professionals to meet demand.
Shri
Bahuguna underscored the importance of aligning education and training with
industry needs, noting that India’s demographic dividend can only deliver
results if supported by robust skilling pathways. Rakshit Kejriwal, Global
President of Phillips Education, called for the formation of a National
Skilling Coalition comprising government, academia, industry, and CSR partners
to accelerate workforce readiness. “If infrastructure builds nations, skills
build civilizations,” he stated.
The
dialogue also showcased Phillips Education’s initiatives, including its Centers
of Excellence for Advanced Manufacturing and Emerging Technologies, where
graduates achieve 100% placement; its R&D collaboration with IIT Bombay on
hybrid manufacturing technologies; and its Skilling for Inclusion programs that
equip underserved communities with entry-level technology skills. The event
concluded with a vote of thanks and networking session, setting the stage for
deeper collaboration between stakeholders to strengthen India’s human capital
and meet its industrial and economic ambitions.
Phillips
Education is a global leader in manufacturing technology education focused on
bridging the skills gap in machining, additive manufacturing, robotics, and
automation. Its programs combine hands-on technical training, digital learning,
job-connect services, and international certifications to make learners
industry-ready from day one. Through Centers of Excellence, MAKE Labs, and
partnerships with enterprises, universities, and CSR initiatives, Phillips
Education builds scalable skilling ecosystems that prepare youth,
professionals, and underserved communities to thrive in a rapidly evolving
industrial landscape.
