Appliances and Consumer Electronics (ACE) industry unveil findings on the need for A Skilled Workforce: CEAMA
· CEAMA’s 37th Annual Function honors industry stalwarts for their contribution - Mr. Anil Khera of Videocon d2h awarded the ‘Man of Electronics’, Mr. Gurmeet Singh of Hitachi awarded with ‘Man of Appliances’, and Mr. Narendra Bansal of Intex Technologies awarded with ‘Outstanding Contribution to Mobile Industry’
· Partners with Frost & Sullivan to report on - Skilling for Durable India; Employability in Consumer Electronics and Appliance Industry Vision 2020
o ACE (Appliances & Consumer Electronics) industry expected to grow at CAGR 9.5% from 2015 till 2021
o Industry employs 1.52 lakh people of which 51% associated with the organized segment; wide gap between required and available workforce, expected to present growth opportunities for the industry
New Delhi, December 15, 2016: Consumer Electronics and Appliances Manufacturers Association (CEAMA), the apex industry body for the Appliances and Consumer Electronics (ACE) industry concluded their 37th Annual Function today. Themed around ‘Skilling for Durable India’, the occasion was graced by Hon'ble Minister for Law & Justice and Electronics & Information Technology, Shri P.P. Chaudhary, Dr. Ajay Kumar, Additional Secretary, Ministry of Electronics and IT and Ms. Vandana Kumar, Joint Secretary, DIPP along with Mr. Manish Sharma, President, CEAMA and other CEAMA members.
Commemorating the glorious 37 years in the ACE industry, CEAMA’s annual function felicitated select industry members for their outstanding contribution to the Indian electronics and appliances industry in the last year. Mr. Anil Khera, CEO, Videocon d2hreceived the ‘Man of Electronics Award’, Mr. Gurmeet Singh, Executive Director, Johnson Controls-Hitachi Air-conditioning India was awarded the ‘Man of Appliances Award’, and Mr. Narendra Bansal, Chairman & MD, Intex Technologies India was awarded the‘Outstanding Contribution to Mobile Industry’.
The event embarked upon the key role of CEAMA and its members in improving the skilling and employability in the industry, thereby, uplifting India’s workforce. Additionally, the discussion highlighted on the importance of skilled workforce for emerging economic environment, resulting in realization of government’s vision such as Make-in-India, Digital India and Cashless economy among others.
Further in association with Frost & Sullivan, CEAMA unveiled an industry report titled‘Skilling for Durable Industry: Employability in Consumer Electronics and Appliance Industry Vision 2020. Amidst an anticipated CAGR of 10.1%, Frost & Sullivan findings state that the industry growth shall necessitate investment in workforce employed in Installation, Service and Repair segments. Currently, the industry employs a workforce of 1.52 lakh people of which 44% are skilled while unskilled segment account for the remaining 56%. The report illustrates an immediate need to bridge the gap between these two segments of workforce. It further suggests that industry must collaborate with government to offer skill-training and certification. This will not only help enhanced service delivery but also strengthen the feedback mechanism to positively impact the industry value chain.
Additionally, a panel discussion was held to discuss the larger issue - ‘Employment in the Consumer Durable Sector’. Eminent experts from the industry comprising of Mr. Arunkumar Pillai, Executive Director, EY (Ernst & Young); Dr. Gayathri Vasudevan, Co-Founder & Chief Executive Officer LabourNet Services India Private Limited; Mr. Jayant Krishna, Executive Director and Chief Operating Officer, National Skill Development Corporation; Lt Gen (Retd.) Dr. S. P. Kochhar, CEO, Telecom Sector Skill Council (TSSC); Mr. N. K Mohapatra, CEO, Electronics Sector Skill Council of India; Mr. Kamal Nandi, Executive VP & Business Head, Godrej & Boyce and Mr. Ashutosh Chadha, Group Director, Microsoft India shared their views on this topic. The session was moderated by a renowned journalist, Mr. Vinod Mahanta.
Sharing his views, Shri P.P. Chaudhary, Hon'ble Minister for Law & Justice and Electronics & Information Technology, said “The Indian electronics and appliances industry has come a long way and it continues to grow. The recent government initiatives such as Make-in-India, Digital India and Skill India are playing a key role in facilitating the growth. The industry is fast adopting these to catch the growth bandwagon. Skill India initiative is the necessary step towards skilling the bottom of pyramid, 800 million citizens. And, it is heartening to see CEAMA has taken up this issue to deliberate on this collaborative platform. I would like to commend CEAMA’s vision on their 37 years of contribution and would urge all to join hands in building a robust, skilled workforce, helping India transform into world's most powerful economy.”
Sharing his views on this occasion Mr. Manish Sharma - President of CEAMA, said “CEAMA was established in 1978 with an objective to share common interests and address the burgeoning issues of the Appliances and Consumer Electronics industry, aligned with the government policies. An industry that generates 3 indirect jobs linked to a direct one is currently, grappling with a shortage of skilled workforce. Due to a gap in demand & supply in - the availability of the engineers, technical incompetency of the beginner level engineers, lack of soft-skills , high attrition rate, and rise of new technologies the industry will witness an avoidable, opportunity loss. This can be turned into an advantage, if Small Medium Enterprises can employ progressive techniques of training in association with government initiatives. The Frost & Sullivan report highlights these and suggests the way forward direction to the industry. We are sure this will benefit the industry, thereby helping us pave towards a developed digital economy.”
Attended by over 250 attendees, interactive sessions and carefully planned networking activities were conducted to assess the market potential for new growth and finding pragmatic solutions on skilling.
About CEAMA
Consumer Electronics and Appliances Manufacturers Association (CEAMA) established in 1978, is the apex Industry Chamber for the Consumer Electronics and Home Appliances Industry. CEAMA acts as a catalyst in the promotion of Industry, trade, technology and entrepreneurship. CEAMA has about 100 member companies, from every segment of Consumer Electronics and Home Appliances Industry, providing information, representation and chance to grow in the most vibrant and exciting industry.