Staff Correspondent

The institute has signed an MoU with P4P Consulting

India produces 5,00,000 engineering graduates a year; number is growing at 20 p.c. a year

Studies indicate that only 25 per cent of engineering graduates are ‘employable'

MYSORE: The National Institute of Engineering (NIE), in association with P4P Consulting, Bangalore, launched a novel initiative, Critical Skills Development Programme, for new students, here on Saturday.

The NIE has signed an memorandum of understanding (MoU) with P4P Consulting, to offer programmes on critical skills development focussed on enhancing the human capital talent pool in India, a press release from NIE said.

K. Rajanikanth, founder-director of P4P Consulting, who inaugurated the programme, said the critical skills programme was based on the universal principle of define-measure-plan-execute-refine.

He said, “The programme has a strong review and support feature which enhances the success of the plan.” ‘Specific needs'

Corporate India in general and the service sector, in particular, have very specific needs. The gap between the needs of the industry and the available talent is termed “critical skills”, which primarily fall into three inter-related segments: communication, problem-solving and self-development, he said.

G.L. Shekar, vice-principal, NIE, said that India produced about 5,00,000 engineering graduates a year and the number was growing at the rate of 20 per cent a year.

“Studies by NASSCOM, Booz Allen Hamilton and McKinsey & Company address the quality dimension of this vast talent pool. Almost all the studies indicate that only 25 per cent of engineering graduates are ‘employable'. Other studies by industry bodies indicate a looming shortage of engineering talent to fuel the needs of a growing economy,” he noted.

The challenge today, according to Dr. Shekar, is two-fold: enhancing the quality of engineering graduates to meet the needs of the industry and enhancing the number of engineering graduates to sustain economic growth.

“The programme is aimed at enhancing the quality of engineering graduates,” Dr. Shekar said.