The wellness industry in India is poised to touch Rs. 1,00,000 crore (Rs 1 trillion) by 2015, with a compounded annual growth rate of 15-17%, from about Rs 70,000 crore in 2012 , with a likely shortage of ~600,000 skilled personnel by 2016. FICCI-PwC report had forecast that the number of people employed in the Wellness space could potentially almost treble from over 1 million lakh in 2011 to 3 million by 2015
The major challenges faced by the Indian Wellness domain on the skill development front are in terms of the inadequate availability of training infrastructure, standardized training curriculum (especially at the entry level), the absence of quality trainers in sufficient numbers, easier financial access to outcome-linked skills training initiatives, as also a general misplaced notion about the benefits of vocational training. Matters have not been helped by the fact that the Wellness domain in India is still largely unorganized and fragmented, with a very limited number of companies in the organized space having a pan-India presence.The talent deficit poses extreme threat to the growth and expansion of the whole beauty and wellness industry.
The sector needs to come together on one platform at the national level so that a cohesive thread between those who need a livelihood, those who will prepare them for it and those who will employ them are in sync. There are enough success stories in the country to share and enough space to expand.
In keeping with the above reality Beaut& Wellness Sector skill council (BWSSC) was formed. A not for profit organization, B&WSSC is promoted by CII with financial support from the National Skill Development Corporation. It is registered as a society under the Societies Act and is chaired by Mrs.VandanaLuthra from VLCC . The Governing Council from the Sector has icons like Ms Blossom Kocchar, Ms, GurpreetSeble, Mr. Ramesh Wangal, Ms. Rekha Chaudhary to name a few.
The aim of the sector skill council is to focus on establishing an effective and efficient eco-system for development and imparting of skills for Beauty and Wellness industry including relevant curriculum courses, information database, delivery system, standardization, and accreditation and certification process to enhance the employability of the Indian workforce globally. By 2023, the SSC aims to accredit 390 Training organizations, train 2,200 trainers and provide certification to an almost 1.67 Million (16.7 Lac) workforce by 2023.