Press Release

Globsyn Group launches SkillsXchange, India’s first portal connecting Skills and Jobs

December 2, 2015, Delhi: Globsyn Group, which owns the company Globsyn Skills (a National Skill Development Corporation joint venture) launches SkillsXchange, India’s first portal connectingSkills and Jobs – another innovative first from the Group.

SkillsXchange allows skilled youth to find relevant career opportunities and corporates to find resources with skills tailored for the job requirements. The portal, with its intelligent algorithm, provides preemptive recommendations to both the skilled youth and the corporates, connecting right people to the right jobs. A fluid, user-friendly and data-rich portal, SkillsXchange also allows registered members to locate and enroll in training centers around them and build skills necessary for jobs listed by corporates. Globsyn’s Corporate Relationship Program (CRP) team is working with various corporates on their resource requirements and around 200 of them would be included in the platform during the first quarter of 2016.Since 2012, Globsyn Skills has trained over 75,000 trainees across 490+ centers in 21 states, and these trainees would be the first of many who would be benefitting from SkillsXchange.

Globsyn has left a mark in each of the verticals that it works in and has many firsts to its name, including the conceptualization of ‘Infinity’ in 1996 – India's first truly intelligent 'Plug n Play' infrastructure, the model around which Software Parks have been developed in India, pioneering the Knowledge Finishing School™ System in 1997, and launching the first ‘Corporate B-School’ in 2002 – Globsyn Business School. Globsyn was the first company to introduce programs that conform to its concept of EduSkills, launched in 2014 – which is the merger of relevant education and qualitatively good skills, interwoven with technology – being one of the rare organizations with experience in both traditional academic education and the evolving vocational skill development domains. With the launch of SkillsXchange – a first of its kind virtual labor market exchange – Globsyn Group wants to leverage technology to connect Sector Skill Council certified skilled youth to the corporates.

Commenting at the launch of SkillsXchange,Bikram Dasgupta, founder and Executive Chairman, Globsyn Group said,“Globsyn's Innovation in the area of Education and Skills through Technology,takes a giant leap today. Globsyn today, integrates Education and Skills to Jobs,through the use of Technology.For the last 19 years, Globsyn has been at the forefront of Knowledge Innovations, to make employability reach the common man.Globsyn brought Technology and Management together through its pioneering concept of Knowledge Finishing School Systemin 1997. Earlier in 2014,we conceptualized EduSkills – the coming together of Education and Skills. And today,we are going one step further in integrating these through a labor market exchange platform called SkillsXchange. For Globsyn,there is no end to Innovation." Rahul Dasgupta, Managing Director, Globsyn Skills said, “This is a great initiative bythe Globsyn Group. We look forward to integrating Sector Skill Councils, Corporates and Certified Students using this labor market exchange platform - SkillsXchange. This is a positive step towards our country’s vision of building a Skilled India.”

SkillsXchange is an initiative that intends to provide a self-propelling structure to the skills ecosystem and build a space for all the stakeholders concerned. Globsyn’s virtual labor market exchange platform has been built to make skills aspirational by promoting ‘Skill Certificate’ as a value driver for industry engagement and allowing skilled youth to improve their career opportunities through the employment avenues readily made available to them on this platform. SkillsXchange would bring to the corporate community value-added recruitment solutions and would encourage them to recognize the 'Skill Certificate' by offering a higher pay grade to certified youth.

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About Globsyn Skills

Globsyn Skills Development (P) Ltd. is a 'not-only-for-profit' Social Enterprise, formed by Globsyn in equity partnership with the National Skills Development Corporation with an ambitious mission of grooming 1 million youth over 10 years. Since 2012, Globsyn Skills has trained over 75,000 trainees across 490+ centers in 21 states.

India today is at the threshold of what is popularly coined as "demographic transition", a journey that has been walked by the developed economies of the world. Take for instance the fact that by 2025 India is slated to have more than 65% of its populace in the working age bracket, while the world grows older including the likes of China, Japan, East Asia, US and parts of Europe.

It is here that the Government's policy measures and direct skills development initiatives come to the fore. With deep commitment to the development of skilled resources in the country, Globsyn Skills is working closely with the central government and various state governments to help implement their skill development initiatives.

Globsyn has always pioneered changes in the education and skill development ecoystem as it strives to impart quality training, knowledge and global exposure to its students. Since its inception in 1997, Globsyn has implemented the Knowledge Finishing School™ system to equip its students with information and global management skills for the growing IT industry in India. Over the years more than 75,000 engineers have been exposed to this curriculum and are now working for some of the best domestic and international companies in India as well as abroad

For further information, contact:

Rohit Srivastava

MelCole Public Relations

011-29834428, 29833118