Government funding for vocational schools is one of the considerable benefits provided by the cooperation between public- and private-sector participants, the president emphasized at the conference, which he attended while on a state visit to India.
Experts believe the coming Indian government will face enormous pressure to create an effective vocational training system. In just over 10 years, one-quarter of the world's working-age population will live in India. According to the specialists present at the conference, the degree to which India's up-and-coming workforce receives adequate career training will be the decisive factor determining whether the country experiences a demographic dividend or a demographic time bomb.
Participants at the conference discussed ways of providing 500 young people in India with vocational education in the next 10 years. A key question during the discussion was to what extent the German system can be adapted for use in India.
