Industry-led institutions can help bridge the skills gap

23 January 2020


The real-estate and construction sector in India is likely to face an acute skills shortage (expected to reach 44 million by 2022) across all levels, thus, the demand for professionals with proper industry knowledge is only set to rise. Currently, there is a demand-supply gap of 82-86 per cent in the number of professionals and the skill sets for core professions in this industry. A NSDC analysis pointed out that the areas of legal knowledge and government regulations, networking and liaising skills, language proficiency, financial knowledge, project planning and management skills, including applications and use of project management software, need to be strengthened in order to meet the requirements. 

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