As per data provided by the All India Council for Technical Education (AICTE), only around 40% of engineering graduates find jobs after the completion of their studies. It implies that a staggering 60% of engineering graduates fail to secure jobs after completing their studies. It has also been revealed that the number of students taking summer internships is less than 1%. Also, only around 15% of engineering programs available at more than 3,200 institutions have been found to have accreditation from the National Board of Accreditation (NBA).
It appears that many institutions are churning out engineering graduates who are unable to secure jobs. The government is aware of this situation and is in the process of carrying out a major revamp of technical education in the country. Some of the measures being planned by the government include a national entrance examination system, assessment of teachers for accreditation, mandatory induction training for students, and revision of curriculum on a yearly basis. All these measures are expected to be in place by 2018.