New Delhi: “The biggest problem we face today is that only 20% of the engineering graduates in India are employable,” said Nigel Fine chief executive, The Institution of Engineering and Technology. He also added that though the problem of employability is not just specific to India, it is definitely more acute here.
The Institute of Engineering and Technology (IET), a UK-based organisation serves as a society for engineers and technicians. Describing IET, Fine said, “IET is more than a membership organisation. It’s an essential engineering intelligence organisation and we have a very big knowledge business.”
IET offers memberships for engineers who can get recognised depending on their skills as well as accreditation to institutions so as to create a set of standards in place. ”Here in India there is a move to move up the value chain to get more innovation. And by having more engineers who have been assessed at these levels of internationally recognised registrations, it does two things: one, it allows western companies to bring work to India at a more higher value capability. Also, it allows engineers with these registrations here to work on projects overseas,” he added.
Nigel Fine of the Institution of Engineering & Technology talks about the problem of unemployed engineers and the importance of certifying engineers of all kinds.
He said that IET is trying to identify the problems in the industry and will be holding a panel along with senior people including N R Narayana Murthy of Infosys and Subroto Bagchi of Mind Tree.