The study done on 1,50,000 engineering students who graduated in 2013 further reveals that as many as 97 per cent of graduating engineers want jobs either in
This is further validated by a HRD ministry report which says India has 6,214 engineering and technology institutions which are enrolling 2.9 million students. Around 1.5 million engineers are released into the job market every year. But the dismal state of higher education in India ensures that they simply do not have adequate skills to be employed.
Only 3.84% folks employable for startup software
The Aspiring Minds study further notes that investments and growth of technology
However, this is not to say that students do not aspire to work with startups.
More aspiration to work for startups
Last year, an Aspiring Minds Survey found that 6% students were interested to work for a startup. This year it is up by 33% to 8%. Students from tier 1 colleges are most motivated to work in startups as compared to others. It is also observed that inclination of males is strikingly high to work with startups than that of females.
Among all of these, more students as compared to last year are interested to work for startups. While this is good news, there is a still a long way to go as a figure like 8% may be more relatively, but still only shows interest from a handful of candidates on the whole.