Beauty & Wellness Sector Skill Council (B&WSSC) has concluded a “Skill-Gap Study” for beauty and wellness sector of India. The study, conducted by KPMG gave detailed analysis of the need for skilled people in these sub sectors till 2030. The report entitled “Bridging the Skill Gap, Beauty-Fully” was released at a recent convocation ceremony held in the august presence of Hon’ble Cabinet Minister Narayan Rane, Ministry of MSME, Atul Kumar Tiwari, Secretary, MSDE, K. K. Dwivedi, Joint Secretary, Ministry of Skill Development & Entrepreneurship.
As many as 500 students who did skill training under the Up-Skilling and Re-Skilling Programs received awards from B&WSSC in this formal convocation ceremony. A formal certification distribution ceremony was held for the trainees, where B&WSSC undertook different government and CSR programs like LinkedIn CSR, Google CSR, Returnable Grant program, and Recognition of Prior Learning (RPL) program of Skill India.
According to Atul Kumar Tewari, Secretary-MSDE, the youth comprise a large part of India’s population, which could propel the country’s economic growth in the next three decades. Their potential can be tapped by different skill development initiatives. In the last 8 years, both the government and private sectors have undertaken many programs and initiatives to promote skill development. In fact, the Beauty & Wellness Sector has trained about 10.25 lakh trainees in this period. With the Indian beauty and wellness sector growing at a CAGR of 18%, it is expected that it will reach INR 5 lakh crores by 2030. Thus, such initiatives prove to be beneficial for the growth of the country.
At the event, B&WSSC signed 4 MoUs with industry partners and academia. It has MoUs with S-VYASA University, Looks School of Hair and Beauty, Yoga Certification board, and Symbiosis Centre for Skill Development, Nagpur.