Digital transformation in India can now be called a key driver of bringing change in the various aspects of the nation. It is not just improving the lives of customers but also offering businesses with various opportunities to create more value for themselves. The Indian telecom industry is now at the forefront of this change both as a key driver of digitizing the world and as a distinct industry. It goes without saying that the telecom industry can transform change but there are also a number of challenges that need to be addressed.
The present state of the workforce in India
The primary challenge of the country is that though it is absolutely ready for 5G along with other emerging technical inventions like IoT, machine learning, artificial intelligence, and such others, the imbalance in talent and skill in the workforce is taking a toll in the industry. 40 percent of the total workforce needs to be reskilled in the coming five years for coping with the newly emerging online trends as mentioned before.
The speed at which innovation is growing in this industry requires to be matched for which reskilling becomes extremely important. The telecom industry in India requires to particularly build up skills in specific areas such as data visualization, machine learning, and statistical programming.
When to implement skill development in the telecom industry?
Though telecom companies may face losses financially in the short run, in the long run, it will lead to sustainable results for the future of the industry. Updating to new skills and technologies will compel the companies to shell out a hefty amount of money but it will have long term benefits.
For instance, a leading telecom company has set up a month-long training session at particular intervals. As a part of these training sessions, startup experts and consultants from around the globe come for conducting the skill development programs.
The consultants offer two-fold support to both the in-service and pre-service trainees. In the first place, they train the employees on the new developments in the industry and secondly, the trainers will also assist the people to bring about change that’s looming large.
The main focus of the telecom industry is on the hiring aspect which means, more than people who are already in service, the telcos look for skilled freshers. Most of the high-end companies are investing heavily in training employees with next-gen technologies. Also, higher education in India is supposedly a challenge. Most of the graduates are not ready to face the challenges that they are faced with as they neither possess the skills nor the proficiency. And as pointed out by an eminent industrialist, there is an inadequacy in the number of students coming out of higher education with the needful skills for the telecom industry.
For a huge industry like telecom, most of the big players invest a lot of money, energy and time in training the selected candidates as they believe in striking the balance for individuals coming after completion of their higher studies. This balance should also be brought about in the process of reskilling as well as for the vocational learners.