28.4 mn skilled workforce needed by 2022
According to a report by National Skilled Development Corporation (NSDC), India will need around 28.4 million strong workforce by 2022 in the country’s booming transportation, logistics, warehousing and packaging sector. The sector currently employs over 16.74 million employees. Hence, this sector will have one of the highest incremental human resource requirement of 11.7 million from 2013-2022, across the 24 sectors that have been mapped for assessing incremental human resource requirement in the country.
According to the report, rising investment, rapidly evolving regulatory policies, mega infrastructure projects and several other developments in recent times have driven the Indian logistics market, simultaneously, also overcoming infrastructurerelated constraints and logistics-centric inefficiency.
The report further states that key growth drivers are the logistics activities which are currently outsourced and growing rapidly at a rate of 52 per cent.