In the future quarters of 2023, Hyderabad, Delhi, and Chennai plan to hire the most apprentices, according to a recent report released on Friday. Hyderabad, Delhi, and Bengaluru hired the most apprentices in India during the final quarter of the prior fiscal year, 2022-2023, it was said.
The TeamLease Apprenticeship Outlook Report, released by the human resources firm TeamLease, indicates that Hyderabad has 83% recruiting intent at the moment. Delhi has 82% of it, while Chennai has 81. The two other cities with a high intent to hire are Mumbai (77%) and Bengaluru (80%).
The research was based on a survey of 597 employers from all over India. According to Sumit Kumar, the chief business officer of TeamLease Degree Apprenticeship, these cities, as hubs for the IT and tech sectors, present a wealth of opportunities for apprentices to gain knowledge and skills relevant to the industry while supporting the growth of the technology sector.
79% of businesses in India as a whole said they planned to hire more apprentices in the three months leading up to March. It increased by 77% in the corresponding 2022 quarter.
People receive training during an apprenticeship in any specialized field or organization. They instruct students on the abilities needed to carry out a specific task. A common outcome of the procedure is full-time employment for the apprentices, who are also paid during it.
Dhriti Prasanna Mahanta, business leader of TeamLease Degree Apprenticeship, noted that under the Apprentices Act of 1961, an organization may employ 2.5% to 15% of its total staff.
The research said that there had been a noticeable increase in the involvement of apprentices, with engineering and industrial seeing the highest levels, followed by electrical and electronics, and the business and financial services industries. Employers in the engineering and industrial sectors (94%) are willing to boost apprentice engagement, followed by those in the electrical and electronics sectors (93%) and the business and financial services sectors (85%), respectively.
“Apprenticeship programmes have a positive social impact by lowering unemployment, enhancing livelihoods, and empowering local communities via skill development. At the same time, these programmes have a positive economic impact by increasing corporate productivity, innovation, and competitiveness. In addition, India Inc. is nearing the point when it will see what a global powerhouse of robust, skilled talent looks like with the announcement in the Union Budget 2023–24 to assist 4.7 million youth over the following three years,” Kumar noted.