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India drafts roadmap to turbocharge MSME apprenticeships and train youth by 2047

Economy
Published on 3 May 2026
India drafts roadmap to turbocharge MSME apprenticeships and train youth by 2047

A group training model could reshape MSME hiring

India is preparing a roadmap to upgrade apprenticeship programmes for micro, small and medium enterprises through reforms in policy, regulations and financing. A group training model is emerging as a leading option, aimed at scaling access to practical workplace skills. The effort targets equipping young people with job-ready competencies by 2047, aligning MSMEs and training institutions.

  • New reforms aim to strengthen MSME-focused apprenticeship programmes
  • Policy, regulatory and financing changes are part of the roadmap
  • A group training model could be central to the redesign
  • The target is workforce-ready skills by 2047
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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