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Lauding the initiative, Ved Mani Tiwari, CEO, NSDC and MD, NSDC International said, As India grapples with everchanging global dynamics and seeks to harness its demographic advantage, the National Skill Development Corporation (NSDC) plays a pivotal role in propelling employment opportunities across India by focusing on skill development initiatives.

The talent crunch challenge Navigating the talent crunch By Mansha Pathak, HR Director at Cytiva India Over the past two decades, India s biotech industry has undergone significant transformation, emerging as a prominent player in the global life sciences space. With more than 2,500 biotech companies, India currently ranks among the top 12 biotechnology destinations globally.

Pradhan Mantri Kaushal Vikas Yojana (PMKVY): PMKVY Scheme is for imparting skill development training through ShortTerm Training (STT) and Upskilling and Reskilling through Recognition of Prior Learning (RPL) to youth across the country including rural areas.

An Omidyar Network report, The Next Frontiers: Skilling and Employability Solutions for the Next Half Billion, points out that to fully leverage the potential of this huge workforce, India must first address a twofold employability challenge: converting potential workers into active workers and upskilling those already in the workforce to prepare them for the jobs of the future.

The FedEx ACC is envisioned as a hub for technological and digital innovation, aligned with the Telangana government s strategic emphasis on nurturing a thriving pool of tech talent, the company said in a statement. In addition to boosting employment opportunities, it will also contribute to the development of new capabilities and meeting the technological requirements of FedEx operations worldwide.