How do you visualise the capabilities of MSMEs in comparison to larger organisations in respect of preparing their future-ready workforce through skills shift?
AS I view the capabilities of MSMEs and large organisations in preparing a future-ready workforce through the lens of complementary strengths, particularly in the context of India’s ambitious growth targets.
MSMEs demonstrate exceptional agility, which gives them a clear advantage in rapidly adopting skill-shift initiatives. Their smaller size and flatter structures enable quicker decision-making and faster implementation of skilling programs. This is particularly important as the MSME sector is projected to require over 150 million skilled workers to meet future demands. With access to government-backed skilling initiatives and institutional partnerships, MSMEs can move swiftly to align their workforce with Industry 4.0 trends-focusing on digital skills, financial literacy, and...
