Is there any shortage of engineers in India?
The ‘ National Employability Report for Engineers 2019’ put out by a job assessment platform Aspiring Minds, has shown that over 80\% of engineers in India are unfit to take up any job in the knowledge economy. The findings match other reports about the shortage of digital skills in India.
Why is there a shortage of engineers?
Aging workforce The skills shortage is exacerbated by the impending retirement of an aging workforce. 19.5\% of engineers currently working in the UK are due to retire by 2026, leaving a skills, knowledge and experience gap.
Are there enough engineers in India?
India churns out lakhs of engineers every year, but while many have difficulty finding jobs, few end up in jobs that they like. Of the 15 lakh engineering graduates India produces every year, 20-30\% of them do not find jobs, and many others work jobs which well below their technical qualification.
What is wrong with engineering in India?
India’s problem of substandard engineering education is now widely known. At the root of the problem is mushrooming of low-quality engineering colleges over the years. As students from such colleges fail to get suitable jobs, they face decline in enrolment. Now a large number of these colleges are being shut down.
Is there actually a shortage of engineers?
For many years, around the world, it has been recognised that there is a skills shortage in engineering; that there simply aren’t enough engineers required to complete large-scale investments of local, national and international importance.
Is there a global shortage of engineers?
Reports from the IET this summer estimate a shortfall of over 173,000 workers in the STEM sector: an average of 10 unfilled roles per business in the UK. It is a growing issue that the IET has tracked for the last 15 years – longer than the time it takes for a primary aged-child to complete their education.
Is engineering declining in India?
There will be around 80,000 less seats in engineering this year in the country. This will lead to around 3.1 lakh seats less in four years.