Telangana to create 16L jobs: Report

Hyderabad: Telangana’s economy is projected to double to $374 billion by 2030, and to meet the growing demands of its industries, the state plans to create 16 lakh jobs over the next six years, according to a report, ‘Bridging the Gap: Integrating Skilling into Telangana’s Education System’, prepared by the CII Telangana chapter and EY-Parthenon. The report read: “Telangana’s commitment to 100 per cent youth literacy by 2030 focuses on reducing urban dropout rates and expanding education for marginalised groups.” However, unemployment in urban areas remains high, with graduates often underemployed due to skill mismatches. This shift aims to address the skills gap in sectors like life sciences, IT, renewable energy, electric mobility and defence,” the report noted.Dr Avantika Tomar, partner at EY-Parthenon, stressed, “Integrating vocational training into education is essential for competitiveness. Coupled with hands-on learning for students, this will bridge the gap between academia and industry, driving innovation.”Drawing from countries like Germany, Japan, and Australia, the report outlined how integrating vocational systems into mainstream education can foster economic growth.“Telangana’s multi-pronged skilling strategy, supported by reforms in education and industry collaboration, is set to position the state as a leader in India’s economic transformation.