Articles for tag: Dire, Economic, Employment, endangering, Engineering, Faces, Gap, Graduates, Growth, India, Skills, Struggle

Market News

India faces a dire skills gap in engineering, endangering economic growth as 90% of graduates struggle for employment.

India faces a dire skills gap in engineering, endangering economic growth as 90% of graduates struggle for employment.

India produces around 1.5 million engineering graduates each year, but a significant employability gap exists. Only about 60% of these graduates are likely to find jobs, with just 45% meeting the skill requirements set by employers. This shortfall is due to a skills gap, particularly in advanced technologies and industries such as AI, robotics, and ...

Market News

Kalpataru Projects secures ₹2,774 crore in new orders, expanding into airport construction and enhancing its global engineering footprint.

Kalpataru Projects secures ₹2,774 crore in new orders, expanding into airport construction and enhancing its global engineering footprint.

Kalpataru Projects International Ltd (KPIL), a leading engineering and construction company in India, has secured new orders worth Rs 2,774 crore. These projects include significant work in Transmission & Distribution overseas and an EPC project for the Airports Authority of India, as well as a Design & Build project for residential buildings in India. Manish ...

Market News

Generative AI fuels TCS’s rapid growth in engineering and design, transforming product cycles and propelling India’s tech industry to new heights.

Generative AI fuels TCS’s rapid growth in engineering and design, transforming product cycles and propelling India’s tech industry to new heights.

Tata Consultancy Services (TCS) is leveraging generative AI to enhance its engineering research and design capabilities, leading to a 20% acceleration in product development cycles for major clients like Rolls Royce and Jaguar Land Rover. This sector is projected to grow significantly, with an expected value of $170 billion by 2030, nearly quadrupling from current ...

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