The India vocational training market size reached USD 1,289.2 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,949.8 Million by 2033, exhibiting a growth rate (CAGR) of 4.70% during 2025-2033. The market share is expanding, driven by the rising adoption of professional networking platforms that create more opportunities for skilled professionals, along with the ongoing collaborations between government agencies and private companies to offer industry-specific training.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 1,289.2 Million |
Market Forecast in 2033 | USD 1,949.8 Million |
Market Growth Rate (2025-2033) | 4.70% |
Expansion of gig economy
The growth of the gig economy is offering a favorable India vocational training market outlook. With freelancing, contract work, and on-demand jobs becoming more popular, individuals are realizing the need for short-term skill-based training to stay competitive. According to industry reports, India had 15 Million freelancers, indicating a significant segment of its overall population of 1.38 Billion in 2024. Many vocational training programs are focusing on gig-friendly skills like digital marketing, graphic design, data entry, and coding, helping workers find jobs in industries that do not require traditional degrees. Professional networking platforms are creating more opportunities for skilled professionals, encouraging people to upskill through vocational courses. Companies are also preferring skilled freelancers over full-time employees, thereby driving the demand for specialized training in fields, such as content creation, personal finance, and information technology (IT) services. The private training institutions are recognizing this shift and launching targeted skill development programs to support gig workers. As more people choose flexible careers, vocational training is becoming essential in securing stable and well-paying opportunities in the growing gig economy.
Increasing implementation of government initiatives
The rising execution of government initiatives that focus on equipping people with practical skills to improve employability is impelling the India vocational training market growth. Government agencies are launching skill development schemes like Skill India to provide affordable and job-oriented training across various industries. These initiatives are making vocational education more accessible to youth, women, and rural populations, ensuring that more people can benefit from skill-based learning. According to the PIB, the involvement of women in long-term training initiatives at National Skill Training Institutes (NSTIs) and Industrial Training Institutes (ITIs) grew from 9.8% in FY16 to 13.3% in FY24. Government agencies are also collaborating with private companies and educational institutions to offer industry-specific training, bridging the gap between education and employment. Special focus is being given to emerging fields like IT, healthcare, renewable energy, and manufacturing to prepare workers for the evolving job market. Subsidized training programs, financial aid, and incentives for training centers are further boosting participation. Online and hybrid training models, supported by government-led digital platforms, are expanding reach, making learning flexible and convenient. By promoting entrepreneurship, these initiatives are also encouraging people to start their own businesses.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on type, program type, and RTO type.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes accredited and non-accredited.
Program Type Insights:
A detailed breakup and analysis of the market based on the program type have also been provided in the report. This includes high school programs, tech prep education, postsecondary vocational school, apprenticeship program, on-the-job training, and others.
RTO Type Insights:
The report has provided a detailed breakup and analysis of the market based on the RTO type. This includes private RTOs, TAFE institutes, community RTOs, schools, enterprise RTOs, and universities.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Accredited, Non-Accredited |
Program Types Covered | High School Programs, Tech Prep Education, Postsecondary Vocational School, Apprenticeship Program, On-the-job Training, Others |
RTO Types Covered | Private RTOs, TAFE Institutes, Community RTOs, Schools, Enterprise RTOs, Universities |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: