IL&FS Skills Development Corporation (IL&FS Skills) is India’s largest vocational training company. The setting up of IL&FS Skills was triggered by the increasing demand of trained manpower for the jobs created in various sectors as a result of our Cluster Development Initiative. From being a pilot programme offered for textile sector, today it is a partnership company with National Skills Development Corporation (NSDC), with a mandate to train 40 lakh people by 2022 through a network of 100 multi skill institutes (Hubs) and 300 single skill Schools (spokes).
Our model is based on the addressing the needs of the Industry and is therefore focused on making students work ready. We also work extensively with other key stakeholders – Government (Central and State), Private Companies (funder and employers), Foundations, International Bodies, Trainees and Parents – creating a vibrant mix of sponsored and self-paid programmes with a singular objective of matching youth to jobs or self-employment opportunities.
Millions of Indians still live Below the Poverty Line (BPL) and face a number of issues related to health, education and employment on a daily basis. Providing meaningful employment and livelihood opportunities to youth is an absolute necessity to achieve inclusive and sustainable growth given the favourable demographics. IL&FS Skills has been a front runner in providing skills and livelihood training to people from different social groups. Our programmes have yielded impact through improvement in income and standard of living, not only for the individuals but their families and communities.