Vocational education institutions like Industrial Training Institutes (ITIs) have been the nodal institution for skill development and innovation at the basic level of low socioeconomic background which constitutes the majority population and workforce. In this research, efforts have been made to understand the views and opinions of male and female ITI students on skills and innovation. There is a need to diversify from the Schumpeterian definition to other forms of innovations that are happening in society to solve various socio-economic problems like frugal innovation, Grass-root innovation, Incremental innovation, and very recently Jugaad Innovation. This study is based on a primary survey (260 samples) conducted among ITI students in Delhi and Uttar Pradesh. This study employs qualitative as well as quantitative methods. The finding indicates that female ITI students have equal aspirations with male students for entrepreneurs and also have some understanding of Innovation.