New Delhi, 13 September (IANS). According to a latest report, India’s Tier-2 and Tier-3 cities will be seen playing a big role in shaping the country’s engineering workforce in the next few years.
According to data compiled by NLB Services, new institutes, technology parks and skilling hubs are rapidly emerging outside traditional metros. Therefore, it is estimated that by 2028, Tier-2 and Tier-3 cities will contribute about 35 percent by 2028.
Cities like Jaipur, Vadodara, Coimbatore, Kochi, Pune and Indore are becoming increasingly attractive destinations for them, wooing entrepreneurs looking for low cost and high impact talent.
The report states that India already prepares about 1.5 million engineering graduates every year, including areas such as mechanical, civil, IT, software and manufacturing.
However, currently only 45 percent of these meet industry standards, while 60–72 percent are widely considered employable.
Skills gap is proving to be a challenge in New Age Fields such as AI, Data Science, Electric Vehicle and Semiconductor.
The report also emphasizes that the future of India’s economy will be operated by STEM-Lead Innovation.
STEM skills are expected to be required in 70 percent of the upcoming jobs, so expertise will be important in areas such as AI, machine learning, data engineering, embedded system and moral AI regime.
The report said that India is estimated to require 10 lakh AI-traend engineers by 2026, but the current supply is only fulfilled by this demand.
Similarly, the EV industry is growing at 30-40 percent annual growth rate. The industry is expected to require 10-20 lakh engineers in areas such as battery technology, automotive electronics and sustainable design by 2030.
The semiconductor industry is also presenting new opportunities after India’s first indigenous 32-bit microprocessor, a step towards self-sufficiency of Vikram 3201.
The country is expected to require 25,000-30,000 skilled engineers every year for chip design, process engineering and testing.
-IANS
SKT/
