TRAINING AND DEVELOPMENT INDUSTRY IN INDIA: CURRENT TRENDS, CHALLENGES, AND OPPORTUNITIES

Author (s) : Mrs.Krishniya priya, Mrs.RANGANAYAGI, Dr.G.Marimuthu,Dr.P.Kalairani

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Abstract :
The training and development industry in India has undergone remarkable growth in recent years, fueled by a rapidly evolving business landscape and the recognition of human capital as a key driver of organizational success. This abstract provides an insightful overview of the current state of the training and development industry in India, examining the prevailing trends, challenges faced, and the emerging opportunities that shape its trajectory.Furthermore, this abstract explores the prevailing trends in the training and development landscape in India. The industry has witnessed a shift from traditional classroom-based training to a more technology-driven approach, with the adoption of e-learning, virtual classrooms, and mobile learning solutions. Additionally, there is a growing emphasis on personalized and on-demand learning experiences, catering to the diverse needs of a multi-generational workforce.The abstract also addresses the challenges faced by the training and development industry in India. These challenges include the need for alignment with rapidly evolving business requirements, measuring training effectiveness, and overcoming budget constraints. Furthermore, as the workforce becomes more diverse, catering to the unique learning preferences of different employee segments becomes a priority for training providers.Amidst the challenges, the abstract highlights the emerging opportunities for the industry. The growing emphasis on upskilling and reskilling due to technological disruptions and the rapid adoption of digital tools present a vast market for training providers. Moreover, with India's increasing role as a global business hub, there is a rising demand for cross-cultural training and language proficiency programs to enhance global competitiveness.The abstract also underscores the role of technology in revolutionizing training and development practices. Artificial intelligence, data analytics, and virtual reality have the potential to transform the learning experience and enable personalized learning paths. Additionally, the integration of gamification and interactive elements enhances engagement and knowledge retention among learners.

Keywords : Training , development, data analytics.

Conference Date : 17/09/2021

Pages : 171

Paper ID : IESMDT169