A recent Deloitte Consulting study concludes that nearly 83 % of manufacturers surveyed report serious shortage of skilled production workers. In addition nearly three-quarters of the manufacturers report that shortage of skilled production workers translates into adverse impact on productivity as well as plant expansion . Does it mean passing up of new business opportunities ?
Bcoz of work culture in India, it will be perennial problem for India. We believe more in acquired skill than the trained skill bcoz of the cost and effort associated with training, retention of trained labors, security against jobless, etc.