Does India Require 3.2 Million Green-Skilled Workers by 2030?
Synopsis
Key Takeaways
Mumbai, Feb 11 (NationPress) A report released on Wednesday indicates that by 2030, it is anticipated that nearly 45 percent of essential skills will undergo transformation, necessitating an influx of 3.2 million green-skilled workers in India. The document, produced by KPMG in India in collaboration with the Confederation of Indian Industry (CII), highlights the current landscape of MSME talent as being marked by disparate skill levels, insufficient formal training, and varying levels of digital preparedness.
According to the report, a mere 10 percent of the MSME workforce has access to formal vocational training, and about 69 percent of MSMEs face challenges in finding skilled personnel.
The analysis illustrates how India's MSMEs can cultivate a workforce that is digitally adept, AI-enabled, and prepared for sustainability to maintain their competitive edge. With an employment figure of 32.84 crore individuals, the MSME sector contributes 30.1 percent to the nation's GDP and stands at a critical juncture where talent acquisition will dictate future resilience and growth.
Each worker in the MSME sector currently achieves only 14 percent of the productivity of their counterparts in larger enterprises, revealing significant potential for advancement within this segment.
The evolution of work in MSMEs will be influenced by the dual transition and the adoption of AI, shifting responsibilities from manual tasks to a focus on human-machine collaboration.
The report articulates six strategic priorities including the establishment of an AI-ready workforce, apprenticeships tailored to digital tools, a skills-first hiring approach, ONDC-led access to digital markets, cluster-based skills ecosystems, and inclusive talent practices to enhance transition readiness.
“AI will revolutionize MSME operations, yet the skills possessed by the workforce will dictate whether this results in competitive advantage or risk. The dual transition necessitates a workforce that is both digitally fluent and sustainability-conscious, poised for rapid innovation,” stated Sunit Sinha, Partner and Head of Human Capital Advisory at KPMG in India.
Naveen Aggarwal, Office Managing Partner, Delhi-NCR, KPMG in India, referred to MSMEs as the heartbeat of India’s economic ambitions, asserting that the forthcoming growth phase will be spearheaded by those willing to invest in high-value talent and structured capabilities.