Eligible Bachelors !

Google fetches around 1.5 million webpages for India and Offshoring together. India figures on top of any Fortune 500 company's favourite destination for service offshoring. But the question is whether India ready to sustain the momentum ?



One recent McKinsey study says that only 10% of total Arts & Humanities graduates are suitable for BPO industry while only 25% of Engineering graduates are employable in IT industry.

It further says 'In India only 1.2 million people hold engineering degrees—4 percent of the total university-educated workforce, as compared with 20 percent in Germany and 33 percent in China. Combined with the generally low level of suitability among Indian graduates, this means that India could face an overall shortage of engineers in the next few years, with a particular squeeze in certain cities. Wages for India's graduate software engineers have already risen steeply in the most popular offshoring destinations, such as Bangalore and Mumbai.'

Taking the case of Andhra Pradesh - 'universities and colleges in the Hyderabad region graduate 25,000 engineers a year, which will not be enough to satisfy the demand at current growth rates if only 25 percent are suitable for employment in multinationals.'

The above was one side of the coin but there is other side too which often does not come to the notice of any study. There is a significant percentage of people in the IT sector who does not hold an Engineering or Technical degree but they have enough experience and talent to work comfortably. Many times, these people are treated differently and have to settle for less when it comes to raise and promotion although onsite client pays same wages for these employees as for any other Engineering graduates of IT vendor.

There is yet another thing which India needs to get ready to. When all the bright people will join the IT workforce then how difficult it's going to find good Mechanical or Civil Engineers ?

Ref: www.mckinseyquarterly.com/article_page.aspx?ar=1660&L2=1&L3=106