Skilling India to empower its citizens and to equip them to compete and excel on a global stage is a multi-pronged challenge. India has witnessed rapid growth in recent years driven by the increase in new-age industries. The increase in purchasing power has resulted in the demand for a new level of quality of service. However, there is a growing shortage of skilled manpower in the country. In the wake of the changing economic environment, it is necessary to focus on inculcating and advancing the skill sets of the young population of the country. India lags far behind in imparting skill training as compared to other countries. Reports indicate that only 10 per cent of the total workforce in the country receives some kind of skill training (2 per cent with formal training and 8 per cent with informal training). Further, 80 per cent of the entrants into the workforce do not have the opportunity for skill training. But all that is changing. National Skill Development Agency is encouraging innovation in skills development and promoting entrepreneurship in the country.