25-08-2012, 11:52 AM
Daksha Skill Development Pvt Ltd
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NASSCOM Report: 75% Indian engineering students unemployable
According to the company’s report, IT firms in India reject 90 percent college graduates and 75 percent engineering graduates due to the simple reason that they are not even good enough to be trained. These students are unable to put their knowledge into practice and so are no good for the companies.
The problem is being faced even by students from reputed engineering colleges. Laying stress on the practical knowledge and on the job skills, AD Sahasrabudhu, director of the College of Engineering, Pune,said:
“The focus in most institutes here is always on academics and theory. Thus a mechanical engineer may actually not know how to change a part of a machine. Therefore, even if a high scoring student gets placed in a good company, eventually that lack of practical knowledge catches up.
Growth in pune sme
Engineering:
Revenues of the engineering companies witnessed a growth rate of 33% over the last two years. Of the total companies profiled in the sector, 62% of the companies are involved in exports and European countries are the most preferred export destinations.
It was also observed from the study that, 26% of the Engineering companies manufacture and market branded products, and 30% companies have two or more manufacturing facilities.
The profiled engineering companies are expecting the average revenue growth of 40% in the next two year
Pune SME Clusters: Driving growth
The Pune SME Clusters are playing a vital role in the economic growth of the region. There are approximately 12,500 industrial units which employ more than 842,700 people in the Pune industrial belt.
There are about 6,138 micro industries, which employ 99,000 people. But the biggest contribution comes from 6,247 SME industries that provide employment to no less than 516,000 workers. There are some 115 large industries, which employ another 227,700 people in the region.