Best industries in India to work in · The Lake Palace in Lake Pichola in the city of Udaipur was...

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1 ICSI – INTERNATIONAL CHAMBER FOR SERVICE INDUSTRY In India, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. Unemployment Rate - was last refreshed on Saturday, March 21, 2015. Source: http://www.tradingeconomics.com/india/unemployment-rate Best industries in India to work in India's journey on the path of economic reforms has transformed it to one of the world's fastest growing economies. Its large and growing population is its best asset and can quadruple GDP and catapult India to the league of developed economies over the next decade. All this if a billion could be transformed into a productive workforce. For over half a decade now, India has been chanting the demographic mantra with little real progress. Because, with opportunities come challenges. The services sector needs many million knowledge workers. Lack of employability is endemic. India's large labour force has been stubborn in transition. Over 90% of the labour force is inadequately trained. 1.INFORMATION-TECHNOLOGY The IT sector has been India's sunshine sector for quite some time now. The industry has contributed considerably to changing India's image from a slow developing economy to a global player in providing world class technology solutions. According to the IBEF (India Brand Equity Foundation) figures, the Indian IT industry is set to touch $225 billion by 2020. 2.TELECOM India's telecom story is only getting better. According to Zinnov estimates, India already has nearly 850 million mobile phone subscribers, with a 15% smart phone penetration. All

Transcript of Best industries in India to work in · The Lake Palace in Lake Pichola in the city of Udaipur was...

Page 1: Best industries in India to work in · The Lake Palace in Lake Pichola in the city of Udaipur was built as a royal summer palace in the 18th century. Today it is a luxury 5 Star hotel,

1 ICSI – INTERNATIONAL CHAMBER FOR SERVICE INDUSTRY

In India, the unemployment rate measures the number of people actively looking for a job as a

percentage of the labour force. Unemployment Rate - was last refreshed on Saturday, March 21,

2015.

Source: http://www.tradingeconomics.com/india/unemployment-rate

Best industries in India to work in

India's journey on the path of economic reforms has transformed it to one of the world's fastest

growing economies. Its large and growing population is its best asset and can quadruple GDP and

catapult India to the league of developed economies over the next decade. All this if a billion could

be transformed into a productive workforce. For over half a decade now, India has been chanting

the demographic mantra with little real progress. Because, with opportunities come challenges.

The services sector needs many million knowledge workers. Lack of employability is endemic.

India's large labour force has been stubborn in transition. Over 90% of the labour force is

inadequately trained.

1.INFORMATION-TECHNOLOGY

The IT sector has been India's sunshine sector for quite some time now. The industry has

contributed considerably to changing India's image from a slow developing economy to a

global player in providing world class technology solutions. According to the IBEF (India

Brand Equity Foundation) figures, the Indian IT industry is set to touch $225 billion by 2020.

2.TELECOM

India's telecom story is only getting better. According to Zinnov estimates, India already

has nearly 850 million mobile phone subscribers, with a 15% smart phone penetration. All

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this points to a penetration that is fuelling the growth of enterprise mobility in India, which

will lead to significant employment growth.

3.HEALTHCARE

Over 40 million new jobs are expected to be generated by 2020, as per a report titled 'India's

New Opportunities-2020' by the All India Management Association, Boston Consulting

Group and the Confederation of Indian Industries (CII). The Indian healthcare industry also

has advantages over other developing countries in becoming a global hub for medical

tourism. The medical treatment and educational services in India are a fraction of the cost

in developed countries.

4.INFRASTRUCTURE

However, be it roads and highways, railways, aviation, shipping, energy, power or oil &

gas, the Indian government and the various state governments seem to making rapid

progress. This has led to significant employment generation, though a majority of it is still

in the unorganised sector. Over the next 10 years, the infrastructure sector in India will

need to continue its growth momentum and is likely to maintain a growth rate anywhere

between 7-10%, a very healthy sign.

5. RETAIL

Over the past few months, the retail sector has grabbed headlines with talks of 100% FDI

in single brand retail, which is currently capped at 51%. While the outcome is still

undecided, the opening up of India's retail will create a stronger, organised industry that

will help in generating employment.

Source: http://businesstoday.intoday.in/story/retail-infrastructure-healthcare-sectors-to-hire-

more-in-india/1/19528.html

Indian Economy

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Source: http://blogs.blouinnews.com/blouinbeatworld/2014/07/11/indias-new-budget-sparks-

outcry-over-plans-for-worlds-largest-statue/

Education Industry of India

Highlights of the K-12 education sector in India

1. The K-12 system in India can be segmented by ownership, level of education and

board of affiliation.

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2. 25% of all K-12 schools in India are private schools, accounting for40% share in

student enrolment.

3.

54% of all 1.46 million K-12 schools in India, are managed by the Central

Government/ state governments and 21% are managed by local bodies/municipal

corporations. Private schools account for 25% of the total number of K-12 schools in

India.

4. The number of schools and student enrolment decline drastically with increase in

level.

o Although the share of all secondary/higher secondary schools is only 14%, the

share of enrolment is much higher at 22%.

o Overall, utilization in private schools is higher, more so at the primary and

secondary level as compared to the government schools.

o Primary Schools constitute 57% of all schools; upper primary schools form

10%; primary with upper primary form 19% while secondary/ higher

secondary form 14%.

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o 137 million students enrolled in primary level constitute 54% of all students

enrolled in K-12 schools.

5. 96% of K-12 schools in India are affiliated to state boards, 1% to CBSE, 0.1% TO

CISCE and 2% are unrecognized.

6. In addition to the Indian boards, a large number of schools across India tie up with

International Boards.

Year-wise growth of students enrolment in India 20.3 million students were enrolled in India during FY12.

University mix in India There has been a significant increase in the share of the private universities as part of total

universities from 5 per cent in 2008-09 to 19 per cent in 2011-12.

PrevNext

Growth in the number of colleges in India Colleges in India grew at a CAGR of 11.2 per cent during FY05-12 to reach 35,539.

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Growth in the number of universities in India Universities in India grew at a CAGR of 8.7 per cent during FY05-12 to reach 574.

Source: http://www.ibef.org/industry/education-sector-india.aspx

Major tourist attractions in India

Kerala backwaters

flickr/-

RejiK

The Kerala backwaters are a chain of lagoons and lakes lying parallel to the Arabian

Sea coast in the Kerala state. The Kerala backwaters are home to many unique species

of aquatic life including crabs, frogs and mudskippers, water birds and animals such

as otters and turtles. Today, houseboat tourism is the most popular tourist activity in

the backwaters, with several large Kettuvallams (traditional rice boats, now converted

into floating hotels)ply the waterways.

9Lake Palace

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flickr/gustaffo89

The Lake Palace in Lake Pichola in the city of Udaipur was built as a royal summer

palace in the 18th century. Today it is a luxury 5 Star hotel, operating under the “Taj

Hotels Resorts and Palaces”. The Lake Palace hotel operates a boat which transports

guests to the hotel from a jetty at the City Palace on the east bank of Lake Pichola.

The palace became famous in 1983 when it was featured in the James Bond film

Octopussy, as the home of titular character.

Where to Stay in Udaipur

8Virupaksha Temple

flickr/Marina & Enrique

The Virupaksha Temple in the city of Hampi started out as a small shrine and grew

into a large complex under the Vijayanagara rulers. It is believed that this temple has

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been functioning uninterruptedly ever since the small shrine was built in the 7th

century AD which makes it one of the oldest functioning Hindu temples in India.

Where to Stay near the Virupaksha Temple

7Palolem

flickr/abmiller99

Palolem is the most southerly of Goa’s developed beaches and also one of the most

beautiful. It is a natural bay surrounded by lofty headlands on either sides, resulting in

a calm, idyllic sea with a gently sloping bed. For those who believe a beach cannot be

paradise without a decent selection of cheap restaurants and good hotels, a dose of

nightlife and plenty of like-minded people Palolem is the place to be.

Where to Stay in Palolem

6Kanha National Park

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flickr/Vagabond on move

Kanha National Park is among the most beautiful wildlife reserves in Asia and one of

best places to catch a glimpse of a tiger in India. The lush sal and bamboo forests,

grassy meadows and ravines of Kanha provided inspiration to Rudyard Kipling for his

famous novel “Jungle Book” and make this one of the top attractions in India.

5Harmandir Sahib

flickr/Guilhem Vellut

The Harmandir Sahib, better known as the Golden Temple is the main tourist

attraction in Amritsar, and the most important religious place to the Sikhs.

Construction of the temple was begun by Guru Ramdas ji. in the 16th century. In the

19th century, Maharaja Ranjit Singh the upper floors of the temple were covered with

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gold. It’s a stunning temple, and always full of thousands of pilgrims from all over

India, excited to be at a place that they usually only see on television.

Where to Stay in Amritsar | Harmandir Sahib Guide

4Jaisalmer

Located in Rajasthan’s remote westernmost corner close to the border with Pakistan,

Jaisalmer is the quintessential desert town. The yellow sandstone walls of the “Golden

City” rise from the Thar desert like a scene from the Arabian Nights while the

Jaisalmer Fort crowns the city. Uncontrolled commercialism has dampened the

romantic vision of Jaisalmer, but even with all the touts and tour buses, it remains one

of the most popular tourist attractions in India.

3Ajanta Caves

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The Ajanta Caves are rock-cut cave monuments dating from the 2th century BC. The

magnificent Ajanta caves were abandoned around 650 AD and forgotten until 1819,

when a British hunting party stumbled upon them. Their isolation contributed to the

fine state of preservation in which some of their paintings remain to this day. The well

preserved murals depict everything from battlefields to sailing ships, city streets and

teeming animal-filled forests to snow-capped mountains. The city of Aurangabad is

the gateway to the Ajanta Caves as well as the equally spectacular Ellora Caves.

2Varanasi

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Situated on the banks of the River Ganges, Varanasi is sacred to Hindus, Buddhists

and Jains and also one of the oldest continuously inhabited cities in the world. In

many ways Varanasi epitomizes the very best and worst aspects of India, and it can be

a little overwhelming. The scene of pilgrims doing their devotions in the River

Ganges at sunrise set against the backdrop of the centuries old temples is probably one

of the most impressive sights in the world.

1Taj Mahal

The Taj Mahal in Agra is an immense mausoleum of white marble, built between

1632 and 1653 by order of the Mughal emperor Shah Jahan in memory of his favorite

wife. Called “a teardrop on the cheek of eternity” it is one of the masterpieces of

Mughal architecture, and one of the great tourist attractions in India. Besides the white

domed marble mausoleum the Taj Mahal includes several other beautiful buildings,

reflecting pools, and extensive ornamental gardens with flowering trees and bushes.

Demographics of India

Population 1,236,344,631 (July 2014 est.)

Age structure 0-14 years: 28.5% (male 187,016,401/female 165,048,695)

15-24 years: 18.1% (male 118,696,540/female 105,342,764)

25-54 years: 40.6% (male 258,202,535/female 243,293,143)

55-64 years: 7% (male 43,625,668/female 43,175,111)

65 years and over: 5.8% (male 34,133,175/female 37,810,599)

(2014 est.)

Dependency ratios total dependency ratio: 51.8 %

youth dependency ratio: 43.6 %

elderly dependency ratio: 8.1 %

potential support ratio: 12.3 (2014 est.)

Median age total: 27 years

male: 26.4 years

female: 27.7 years (2014 est.)

Population growth rate 1.25% (2014 est.)

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Birth rate 19.89 births/1,000 population (2014 est.)

Death rate 7.35 deaths/1,000 population (2014 est.)

Net migration rate -0.05 migrant(s)/1,000 population (2014 est.)

Urbanization urban population: 31.3% of total population (2011)

rate of urbanization: 2.47% annual rate of change (2010-15 est.)

Major cities -

population

NEW DELHI (capital) 22.654 million; Mumbai 19.744 million;

Kolkata 14.402 million; Chennai 8.784 million; Bangalore 8.614

million; Hyderabad 7.837 million (2011)

Sex ratio at birth: 1.12 male(s)/female

0-14 years: 1.13 male(s)/female

15-24 years: 1.13 male(s)/female

25-54 years: 1.06 male(s)/female

55-64 years: 1.08 male(s)/female

65 years and over: 0.91 male(s)/female

total population: 1.08 male(s)/female (2014 est.)

Mother's mean age at

first birth

19.9 (2005-06 est.)

Infant mortality rate total: 43.19 deaths/1,000 live births

male: 41.9 deaths/1,000 live births

female: 44.63 deaths/1,000 live births (2014 est.)

Life expectancy at

birth

total population: 67.8 years

male: 66.68 years

female: 69.06 years (2014 est.)

Total fertility rate 2.51 children born/woman (2014 est.)

Contraceptive

prevalence rate

54.8% (2007/08)

HIV/AIDS - adult

prevalence rate

0.3% (2012 est.)

HIV/AIDS - people

living with HIV/AIDS

2.085 million (2012 est.)

HIV/AIDS - deaths 135,500 (2012 est.)

Drinking water source improved: urban: 96.7% of population

rural: 90.7% of population

total: 92.6% of population

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unimproved:

urban: 3.3% of population

rural: 9.3% of population

total: 7.4% of population (2012 est.)

Source: http://www.indexmundi.com/india/demographics_profile.html