This is how you can be a part of India's success story. Celebrating our 73rd Republic Day.

This is how you can be a part of India's success story. Celebrating our 73rd Republic Day.

73 years ago at the stroke of the midnight hour, a young republic woke up to a future, a future that her people had struggled to achieve for centuries. For every subsequent midnight hour that passed this nation reached for greater heights in the world. She started small, her worries were many and resources few. But she had within her people, engineers who dreamt of building the future.

The dreams of those stalwarts became the foundation for the economic prosperity that India enjoys today. It is because of engineers like them, like you, that India is a regional powerhouse. The last three years have been difficult, the pandemic brought large parts of the economy to a grinding halt. But, the country still moved forward.

New enterprises were launched, new services were announced, and the oft-used 'new normal' was reached. Engineering played a pivotal role; both in helping to reduce the spread of the virus and in ensuring that the economy did not collapse.

The numbers

Engineering exports were recorded at US$ 75.90 billion in April (FY20) and reached US$ 60.25 billion in January (FY21). The Index of Industrial Production (IIP) for the electrical equipment industry stood at 92.0 in FY21.

The Index of Industrial Production (IIP) for the electrical equipment industry stood at 127.9 in September 2021.

In FY22 (until October), India exported engineering goods worth US$ 63.89 billion compared with the US$ 39.97 billion recorded in FY21 (until October).

In October 2021, exports of engineering goods from India stood at US$ 9.4 billion, a 50.89% increase from October 2020.

According to the National Association of Software and Service Companies (Nasscom), India's share in the global engineering and research and development (ER&D) market is likely to expand at a CAGR of 12-13% to reach US$ 63 billion by 2025.

(source)

India is the third biggest hub for unicorn startups after the US and China, with 90 startups calling the country home. A feat that was achieved in only 73 years.

The problem

The National Association of Software and Service Companies (NASSCOM) conducted a survey in 2019 about the state of engineering graduates in India. They discovered that although India produces 15 lakh engineering graduates every year, only 2.5 lakh of them managed to find employment after their graduation. Only 15% of all engineering graduates in a calendar year manage to get employed.

15%

The rest of this unemployed student body is absorbed into the system working in non-engineering related fields, waiting for their turn to get selected by an engineering firm. If there weren't any jobs available this would be a different problem, but there are jobs - and they are increasing every year. With Indian entrepreneurs starting more than 50,000 startups that have created 1.7 lakh jobs in FY 2020-2021 alone, there is a need for engineering graduates who can create value for these firms.

So, what is the problem?

Why can only 15% of the total engineering graduates in any given year get employed?

An engineer, in any domain, is only as good as the projects that they have worked on and the various software packages that they have experience in, something that most engineers in India lack. The Indian engineering curriculum was designed to meet the needs of a growing nation that did not have much in terms of readily exploitable resources, the only resource that India had were the people. People who created the fundamental foundations of this nation. And for a long time, this was enough, India built roads, railways, bridges, and public utilities. We ushered in a green revolution and a white revolution.

Our education system also created engineers who now head the largest tech companies in the world. A feat that is not easily achievable for a nation as young as ours.

However, the 21st century brought with it new problems and technologies that jumped decades at once and the Indian education system simply couldn't keep up with the changing times. The education systems around the world have been designed to mirror the changing requirements of the industry. In India, the engineering syllabus is outdated and archaic leading to the oft-seen situation where companies will have to train students after they have joined in order to onboard them as employees.

The solution? - Skill-Lync

Skill-Lync was started by two mechanical engineers who experienced first-hand the gap between what is being taught and what is expected in the industry. The founders of Skill-Lync started out with a simple vision.

They wanted to change the way engineering education was taught to students, and to this end, they created learning modules that focused on training students in the software packages being used in the industry. They also created projects similar to the ones being conducted in engineering firms around the world, the only difference being their scope.

The result being the engineers who trained at Skill-Lync were able to produce value for their firms from the first second.

The 73rd Republic Day of India is one of quiet contemplation, after two years of a harrowing pandemic we are finally stepping outside. The new normal is now our normal. But, things have changed, some for the better. As the world accepts the notion of working/studying from home and of getting one's education online, it opens up a world of possibilities. As an engineer, you have the option now of training in the skills that directly relate to the career you want to pursue. You are no longer constrained by what you are studying at college.

73 years ago, at midnight, a nation was born.

73 years later, you have the freedom to pursue your career dreams.

Skill-Lync is committed to helping you reach your dreams.

Together we can reach your dream career.