
Infosys will spend ₹200 crore to train 500,000 Indians, help them get jobs
In a significant move to bridge the skills gap and accelerate India’s employment growth, Infosys has launched the ‘Springboard Livelihood Program’ with a massive investment of ₹200 crore. The program aims to train 500,000 job seekers by 2030, equipping them with the skills required to secure employment in various sectors.
The Springboard Livelihood Program is designed to cater to both STEM (Science, Technology, Engineering, and Mathematics) and non-STEM sectors, offering training in cutting-edge areas such as Artificial Intelligence (AI), digital marketing, finance, and essential workplace skills. The program is a testament to Infosys’ commitment to empowering Indians with the skills required to thrive in a rapidly changing job market.
The initiative is expected to have a significant impact on the Indian job market, which is currently facing a skills gap of over 12 million professionals. The program will not only help job seekers acquire new skills but also provide them with opportunities to secure employment in various sectors.
The Springboard Livelihood Program will be implemented in collaboration with 20 implementation partners, who will work closely with Infosys to deliver the training programs. The partners will include educational institutions, training organizations, and industry associations, ensuring that the program reaches a wide range of job seekers across India.
The program’s training modules will be designed to cater to the needs of various industries, including IT, BFSI (Banking, Financial Services, and Insurance), healthcare, and e-commerce. The training will focus on developing essential skills such as problem-solving, communication, and teamwork, in addition to sector-specific skills.
Infosys’ decision to invest ₹200 crore in the Springboard Livelihood Program is a significant step towards addressing the skills gap in India. The program is expected to create a positive impact on the Indian job market, providing job seekers with the skills required to secure employment in various sectors.
The Springboard Livelihood Program is also expected to have a multiplier effect on the Indian economy, as trained job seekers will contribute to the growth of various industries. The program will also help to reduce the unemployment rate in India, which has been a major concern for the government and industry leaders.
In conclusion, Infosys’ Springboard Livelihood Program is a welcome initiative that is likely to have a significant impact on the Indian job market. The program’s focus on developing essential skills and sector-specific skills will equip job seekers with the skills required to secure employment in various sectors. With a massive investment of ₹200 crore and the support of 20 implementation partners, the program is expected to make a positive impact on the lives of 500,000 job seekers by 2030.
News Source: https://trak.in/stories/infosys-will-spend-rs-200-crore-to-train-500000-indians-help-them-get-jobs/