Power To Empower Presentation

July December 2011
Power to Empower Indias First Enterprise Skill Plan Competition
Proprietary and confidential. This information does not represent and should not be construed as, legal or professional advice. 2011 NSDC. All Rights Reserved.
www.powertoempower.in
4 Organisations have come together to launch this competition
B Plan competition
Knowledge Partner
Process Partner
Competition has 4 Key Objectives

Key objectives
1
Create awareness about business opportunities in the skills space
Encourage You to think of skills as a sustainable and scalable business opportunity
Evolve and popularise new business models developed through business plan competition
Incubate and Seed Fund models which are ready to be launched through financial assistance
Participating Institutions
Business Schools IIM A IIM B IIM C ISB IIM - Kozhikode MDI FMS XLRI IMT SIBM TAPMI Goa Institute of Mgt. ICFAI Welingkar Institute of Mgt. XIM Nirma Institute of Mgt. NMIMS
Note: List of colleges is indicative and in no particular order
Undergrad colleges St Stephens SRCC Jamia Milia St Xaviers St Josephs Christ College HR College
Engineering colleges IIT Bombay IIT Delhi BITS Pilani IIT Kharagpur IIT Guwahati NITIE IIT Chennai
Sector specific schools NID Indian Agriculture Research Institute of Hotel Mgt. MICA Gemmological Inst. of India TISS
3 Stage Process with Mentorship Support

The 3 stage evaluation model
Invitation of Executive summaries Initial Screening of Executive Summaries Invitation of detailed Plans for screened entries with Mentorship support Evaluation and Selection of detailed B-plans Feedback and Assignment of Mentors to selected plans Final presentation & Evaluation
Stage 1
Stage 2
Stage 3
Selection of Winners, Support and Funding of ideas
Award Categories
CATEGORY 1 BEST BUSINESS PLAN CATEGORY CATEGORY 2 NEXT PRACTICE CATEGORY
Focuses on robustness of business plan and feasibility of idea
Focuses on an innovative idea that can be taken to market to become the next big thing for skill development
Seed Funding
Seed Funding + Incubation support
Tentative schedule for competition
Stage 1 - Executive Summary

Submission of entries: 31st August Evaluation : 31st August - 20th September Announcement of winners : 23rd September
Stage 2 Plan and mentorship

Mentoring of entries qualifying from Executive summary round : Sept 26 Oct 9 Submission of entries : Oct 15th Evaluation : Oct 15th Oct 30th Announcement of winners : Nov 2nd
Stage 3 Bootcamp and presentation

Mentoring of entries qualifying from Round 2 : Nov 7 Nov 20th Boot camp : Nov 21-23 Presentation to Jury : Nov 23 Announcement of winners : Nov 23rd
Skills - A Business Opportunity
India has a Rich Demographic dividend .

India % distribution of population (1991 - 2021)
Age
0-9 10-19 20-29 30-39 40-49 50-59 60-69 70-79 80+
1991
25.6 21.3 17.3 13.3 9.4 6.3 4.2 1.8 0.8
2001
22.2 22.9 17.0 13.9 10.2 6.9 4.3 2.1 0.6
2011
19.6 18.7 19.5 14.4 11.6 8.2 5.0 2.4 0.8
2021
15.8 17.1 17.0 15.7 12.6 10.1 6.9 3.5 1.3
Source: United Nations Government Census

10
. However plagued by inadequate skilled manpower

1
High rates of drop outs in the education space
3
Very low enrolments for VET
2
Employability of the skilled a challenge
Skilling getting a major policy thrust
4
In service training levels very low in India
Only one in four engineering graduates in India Is employable, based on their technical skills, English fluency, teamwork and presentation skills and of the 4 lakh odd engineering graduates, who graduate each year, only about 20% is good enough for India Inc. - NASSCOM
11
Estimated Skill Gap of 240Mn across 21 key sectors
Source: IMacs Study
12
The current landscape in India needs drastic capacity addition to meet future demand
Current capacity in skill development under various schemes, 2008-09
0.8
Eight-fold increase in capacity is required to meet aspiration

Total supply by 2022 @ current capacity 65+
MLE MHRD Ministry of women & child development Ministry of agriculture Ministry of rural development MSME Other ministries* Other private training providers Total capacity in skill development
0.5 1.3
1.8
0.2 0.2 0.2 0.2 0.3 XX 4.3+
Addition to workforce @ 12.8 million per year Reskilling / upskilling of 90% of existing workforce (460 million) Reduction due to ageing/ retirement**
192 8x 414
80
Total demand by 2022
526
Business opportunity of ~ 1 Lakh Cr*** , 20 Bn USD
Privately owned ITCs
*Includes ministry of housing and urban poverty alleviation, textile, health and family welfare, food processing industries, and others **Assuming that the existing workforce in the age group of 45-59 will not be re-skilled ***Assuming training fee of Rs 2000 per student for the total demand estimated Source:Proprietaryyearconfidential. This information does not represent and should not be construed as, legal or professional advice. 2011 NSDC. All Rights Reserved. 11th five and plan; NCEUS report; McKinsey analysis
13
13
Industry is at a nascent stage with very few players of scale

Leaders (e.g. NIIT) Top players which control ~ 50-60 % of market Wide geographic reach, healthy range of courses offered, typically across industries Strong connect with industry for placements Aspirants (e.g. India Can) Companies with wanting to scale existing operations Current focus on particular sectors Boutique firms (e.g. Redwood Edge) Largely individual dependent Looking for opportunities to expand
Huge demand for a brand of credibility and repute in this space

14
However, space seeing hectic activity

Profile of NSDC funded organizations
Training providers
In the education business
Technable GOLS
In unrelated businesses
Start ups
Large established corporates

15
The Indian context makes a foray into this space Very attractive!!
Current Implications for players
Industry Potential
Rs 1 Lakh Cr
Current capacity
4.3Mn; Need to increase 8x
+ +
Rapid growth Opportunities across all spaces
Structure of industry
Very unorganised Few large players
+ = +
Need for a brand of credibility First mover advantage
Examples of business models
Limited examples of successful business models in India Globally models of scale have been seen
Limited in India
Regulations
Unregulated
Allows a player to participate on their own terms
Investment climate
High focus
Both government and private equity money chasing this space
16
Thank You!
17

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July December 2011

Power to Empower Indias First Enterprise Skill Plan Competition

4 Organisations have come together to launch this competition

Competition has 4 Key Objectives

Create awareness about business opportunities in the skills space

Encourage You to think of skills as a sustainable and scalable business opportunity

3 Stage Process with Mentorship Support

Selection of Winners, Support and Funding of ideas

Focuses on robustness of business plan and feasibility of idea

Seed Funding + Incubation support

Tentative schedule for competition

Stage 1 - Executive Summary

Stage 2 Plan and mentorship

Stage 3 Bootcamp and presentation

Skills - A Business Opportunity

India has a Rich Demographic dividend .

Source: United Nations Government Census

. However plagued by inadequate skilled manpower

Skilling getting a major policy thrust

Estimated Skill Gap of 240Mn across 21 key sectors

Source: IMacs Study

Eight-fold increase in capacity is required to meet aspiration

0.2 0.2 0.2 0.2 0.3 XX 4.3+

Total demand by 2022

Business opportunity of ~ 1 Lakh Cr*** , 20 Bn USD

Privately owned ITCs

Industry is at a nascent stage with very few players of scale

Huge demand for a brand of credibility and repute in this space

However, space seeing hectic activity

In the education business

Large established corporates

4.3Mn; Need to increase 8x

Rapid growth Opportunities across all spaces

Very unorganised Few large players

Need for a brand of credibility First mover advantage

Examples of business models

Allows a player to participate on their own terms

Both government and private equity money chasing this space

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