Engineering is one of the most sought-after career paths in India, but according to Rajat Agrawal, associate dean for innovation and incubation at IIT Roorkee, only around 45 percent of today’s graduates have enough skills to get employment. “That skill gap is increasing,” says Agrawal.
But this is not due to lack of demand for what they have learned: India’s demand for digital talent jobs is 8x larger than the pool of fresh talent available, Nasscom reported in October 2020. By 2024, it expects this to increase to 20x.
The fact that graduates may be unemployable at a time of such high demand for educated workers is a matter of concern for educational institutes, and it’s of concern for some of the world’s biggest IT companies too. They’re stepping in to offer upskilling and reskilling programs in artificial intelligence, machine learning, data science, cloud technologies, blockchain, and the internet of things, working together with the nation’s IITs, NITs and other big educational institutions.
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