Press Esc to close
Tuesday 17 January 2017
News updated at 3:57 PM IST
Weather
Max: 28°C
Min : 15.7°C
In Bengaluru
Sunny day

Future grim for IT graduates: Educator

Bangalore,  Sept 14, 2013, DHNS :
Even though Bangalore prides itself as the IT capital of India, it seems all is not well in the sector, according to Dr Ravishankar from the School of Business and Economics, Loughborough University, United Kingdom.

Speaking at the second annual “International Education Summit, Adhiyapan 2013” organized by the Shruth & Smith Foundation, Dr Ravishankar laid down bare a few facts explaining that the future is grim for IT and that future computer engineering graduates can expect the shrinking job avenues. “IT firms in the country used a workforce of around 33,000 to generate a revenue of $ 1 billion dollars in 2003,” he said. “But by about 2012, they needed a workforce of only 19,000 to generate an additional $ 1 billion.”

He added that there are around 5,000 engineering colleges in the country and in the last year alone, as many as 7.5 lakh computer engineering graduates passed from these colleges. “The number of jobs in the IT and manufacturing sectors amounts to about 1.5 lakhs,” he said.

Between 2003-08, the IT sector was growing at an exponential rate of 33 per cent. However in the last five years, it grew only at a rate of 14 percent, according to Ravishanker.

Highlighting the present scenario of the rapid privatization of education in the country, Ravishankar said that while privatisation was needed in education it had to be done gradually and with a proper plan. “There needs to be proper sequencing and pacing,” Ravishanker said.

 

Go to Top

Photo Gallery
London Olympics bronze medallist grappler Yogeshwar Dutt during his wedding procession at his ...

London Olympics bronze medallist grappler Yogeshwar Dutt during his wedding procession at his ...

German Chancellor Angela Merkel, right, and the Prime Minister of New Zealand Bill English, left ...

German Chancellor Angela Merkel, right, and the Prime Minister of New Zealand Bill English, left ...

In this photo taken Thursday, Dec. 22, 2016, Kenyan artist Evans Yegon displays one of his paintings

In this photo taken Thursday, Dec. 22, 2016, Kenyan artist Evans Yegon displays one of his paintings

BJP President Amit Shah welcomes former Congress leader Yashpal Arya after he was inducted into BJP

BJP President Amit Shah welcomes former Congress leader Yashpal Arya after he was inducted into BJP

People walk under their umbrellas on snow covered road after fresh heavy snowfall in Shimla on ...

People walk under their umbrellas on snow covered road after fresh heavy snowfall in Shimla on ...

A camel performs during the ongoing 24th International Camel Festival in Bikaner on Sunday...

A camel performs during the ongoing 24th International Camel Festival in Bikaner on Sunday...

Art lovers thronging Chitra Santhe organised by Karnataka Chitrakala Parishat on Kumara Krupa...

Art lovers thronging Chitra Santhe organised by Karnataka Chitrakala Parishat on Kumara Krupa...

Large number of art lovers visiting the 14th annual art fair 'Chitra Sante' organized...

Large number of art lovers visiting the 14th annual art fair 'Chitra Sante' organized...

A large number of tourists throng Mysuru Palace as weekend holidays and Mysuru Zoo remain closed...

A large number of tourists throng Mysuru Palace as weekend holidays and Mysuru Zoo remain closed...

People walk on a snow covered road following heavy snowfall at Kandi Area in Budhal, Rajouri...

People walk on a snow covered road following heavy snowfall at Kandi Area in Budhal, Rajouri...

Like us on Facebook

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523