- According to a report by the World Economic Forum, 52% of all jobs in India are at risk of being automated by 2025.
- A report by McKinsey Global Institute estimates that India needs to reskill 400 million workers by 2030 to meet the demands of the changing economy.
- A report by the National Skill Development Corporation (NSDC) estimates that India has a shortage of over 100 million skilled workers.
Reskilling is the process of learning new skills or retraining yourself for a new career. It can be done through formal education, online courses, or self-study.
Reskilling is important for job seekers in India for a number of reasons. First, it can help you find a job. In today’s competitive job market, employers are looking for candidates with the skills they need to do the job. If you have the right skills, you’ll be more likely to get hired.
It helps you advance your career. If you want to move up in your company or get a promotion, you may need to learn new skills. Reskilling can help you develop the skills you need to succeed in your career goals.
Reskilling helps you earn more money. Employees with in-demand skills are typically paid more than those with less in-demand skills. Reskilling can help you increase your earning potential.
Key differences between reskilling and upskilling:
|Learning new skills to adapt to a changing job market
|Learning new skills to improve your performance in your current job
|Find a new job
|Improve your performance in your current job
|A manufacturing worker learning new skills to become a software engineer
|A software engineer learning a new programming language
Benefits of reskilling
- Increased job opportunities: Reskilling can help you find a job in a growing field or industry.
- Higher salaries: Employees with in-demand skills typically earn more money than those with less in-demand skills.
- Career advancement: Reskilling can help you develop the skills you need to move up in your company or get a promotion.
- Job satisfaction: Reskilling can help you find a job that you’re more passionate about and that aligns with your interests.
- Future-proofing your career: The job market is constantly changing, and new skills are becoming in demand all the time. Reskilling can help you stay ahead of the curve and future-proof your career.
Identifying Hot skills in the Indian job market
According to a recent report by LinkedIn, the top in-demand skills in India in 2023 are:
- Data science and machine learning
- Artificial intelligence
- Cloud computing
- Digital marketing
- Project management
- Communication skills
- Leadership skills
- Sales skills
- Customer service skills
Emerging skills in the Indian job market
In addition to the skills listed above, there are a number of emerging skills that are becoming in demand in the Indian job market. These skills include:
- Augmented reality and virtual reality
- Internet of Things (IoT)
- Robotics automation
- Design thinking
- Agile development
- Lean management
- Emotional intelligence
How to identify hot skills in your field
One way to identify hot skills in your field is to look at job postings. What skills are employers looking for in candidates? You can also look at industry reports and surveys to see what skills are in demand.
Another way to identify hot skills is to talk to people in your field. Ask your network of contacts, mentors, and colleagues what skills they think are important. You can also attend industry events and conferences to learn about new skills and trends.
How to reskill for in-demand jobs
Creating a reskilling plan
Once you’ve identified the skills you want to learn, it’s important to create a reskilling plan. This plan should include your goals, your timeline, and the resources you’ll use.
Finding reskilling resources
There are many different resources available to help you reskill. You can take online courses, attend workshops and conferences, or read books and articles. You can also find mentors and coaches who can help you learn new skills and develop your career.
Resources for reskilling:
- National Skill Development Corporation (NSDC): The NSDC is a government agency that provides training and certification in a variety of skills.
- Skill India: Skill India is a government initiative to make India the world’s skill capital.
- LinkedIn Learning: LinkedIn Learning offers a variety of online courses on a variety of skills.
- Coursera: Coursera offers a variety of online courses from top universities around the world.
- Udemy: Udemy offers a variety of online courses on a variety of topics.
3 Tips for successful reskilling
- Set realistic goals. Don’t try to learn everything at once. Set small, achievable goals for yourself.
- Be patient. Learning new skills takes time and effort. Don’t get discouraged if you don’t see results immediately.
- Be flexible. Be willing to adapt your learning
Case studies of successful reskilling
- How Atul got promoted?
Atul was a software engineer at a large IT company. He wanted to move into a management role, but he didn’t have the necessary skills. He decided to reskill for project management. He took an online course and also attended a few workshops on project management. He also networked with other project managers and got advice from them.
Atul’s reskilling efforts paid off. He was promoted to a project manager role within a year. He is now much happier in his job and is more successful in his career.
- How Sakshi switched career path?
Sakshi was a content writer at a small marketing agency. She wanted to move into a more technical role, so she decided to reskill for data science. She took an online course on data science and also completed a few projects on her own. She also networked with data scientists and got advice from them.
Sakshi’s reskilling efforts paid off. She was able to get a job as a data analyst at a large tech company. She is now much happier in her job and is more successful in her career.
What they have to say
- “Reskilling is the best investment you can make in your career.” – Atul, software engineer turned project manager
- “Reskilling is not easy, but it is definitely worth it.” – Sakshi, content writer turned data analyst
- “If you’re serious about your career, you need to be willing to reskill.” – Anonymous successful reskiller
Reskill for Free
Remember reskilling is an investment in your future. Even if you have to spend some money upfront, the benefits in the long run will be worth it. Below are some good general FREE recommendations:
- Online courses: There are many online courses available for free on platforms such as Coursera, Udemy, and edX. These courses cover a wide range of topics, from programming to business to design.
- YouTube: There are many educational channels on YouTube where you can learn new skills for free. Some popular channels include Crash Course, Khan Academy, and The Cherno.
- Books: There are many books available for free online or at your local library. Some popular books on reskilling include “The 10X Rule” by Grant Cardone, “So Good They Can’t Ignore You” by Cal Newport, and “Range” by David Epstein.
- Podcasts: There are many podcasts available for free on platforms such as Spotify and Apple Podcasts. Some popular podcasts on reskilling include “How I Built This” by Guy Raz, “Masters of Scale” by Reid Hoffman, and “The Tim Ferriss Show.”
Reskilling is an important investment for anyone who wants to stay ahead of the curve in the Indian job market. By identifying hot skills and creating a reskilling plan, you can increase your chances of finding a job, advancing your career, and earning more money.
If you’re a fresh graduate or mid-career professional, I encourage you to start thinking about reskilling. It’s one of the best things you can do to future-proof your career.
I hope this blog post has been helpful. If you have any questions about reskilling, please feel free to leave a comment below.