Increasing Engineering Colleges Fulfilling Quality Workforce Supply Gap in India

Infrastructure development and increasing demand for quality education has propelled the number of engineering colleges to surge to 4,931 by 2013-14, says RNCOS.

Noida, India (prHWY.com) May 31, 2012 - According to our latest research report, "Indian Education Services - A Hot Opportunity", higher education is gaining importance in India at a rapid pace. The thrust of global economies to emerge as a knowledge economy has also reinforced education as the crucial economic and business driver. This emphasizes the demand for engineers as it is estimated that there will be a shortfall of approximately 750,000 skilled workers by 2012, mostly in engineering and technical trades. Therefore, witnessing this demand, the number of engineering colleges in the country is increasing and the requirement for the same is forecast to reach around 4,931 by 2013-14. Further, around 80% of engineers are specialized across four streams of the education sector including computer sciences, electronics, mechanics, and electrical.

It is inferred from our report that education system needs to usher in global competence through the development of high quality faculty and physical infrastructure, linkages with industry and professional practice, prioritizing mobility of engineering students, researchers and professionals across nations, and engaging in relevant engineering research.

Further, to get better education and exposure, over 2.64 Lakh Indian students spend around US$ 5.5 Billion annually on higher education abroad. If these foreign players set up their universities in India, many of these students will prefer to stay in the country itself hence, reducing the brain drain from the country.

Our report also provides an in-depth research and rational analysis of the current status and expected position of the higher education system in India. It also presents an overview of the number of universities, technical education institutions, and colleges available as well as required in the country. Besides, it also presents a prudent analysis of different courses that will remain in high demand during the next few years.

Further, the report provides coherent analysis of the need for opening up of universities (particularly foreign) in the country during the next few years. In this regard, the report presents the entry and operation regulations for foreign universities/institutions providing education in India.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM150.htm

Some of our Related Reports are:

- Brazil Education Services Market Forecast to 2015
(http://www.rncos.com/Report/IM380.htm)
- Saudi Arabia Education Forecast to 2013 (http://www.rncos.com/Report/IM266.htm)
- Brazil Education Services Market Analysis (http://www.rncos.com/Report/IM272.htm)
- Indian Preschool Market Forecast (http://www.rncos.com/Report/IM214.htm)

Check Related REPORTS on: http://www.rncos.com/Other%20Industry.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: indian education market

Categories: Education

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