Educational and Training Kits Market: An Industry Perspective
With automation, repetitive tasks have started becoming obsolete. To remain relevant in the industry in the coming years, developing new-age skills in areas like artificial intelligence (AI), the Internet of Things (IoT), robotics and cloud computing is mandatory.
The field of technology is expanding at an exponential rate in today’s world. We are in the middle of Industry 4.0, and fields such as electronics are playing a major role in this revolution. In a country like India, which has more than fifty per cent of its population below the age of 25 and approximately 3500 engineering colleges, there are a number of opportunities for growth.
The problem is that India has vast resources but low workforce skills, especially when it comes to modern technologies. According to National Employability Report Engineers, 2019 by Aspiring Minds, employability of Indian engineers continues to be low, with more than eighty per cent of engineers unemployable for any job in the knowledge economy.
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