India is considered the best IT-outsourcing destination based on cost-effectiveness, skills, and availability. Graduating students often invest three or four years in acquiring appropriate qualifications. You’d think there would be not much cause of concern for students looking out for jobs.But in reality, only 20% of IT graduates are employable. Most institutes teach traditionally and do not meet rapidly evolving industry requirements. In other words, India’s education sector has not evolved with time, and the education thus provided is outdated. Most companies do not want textbook skills from their employees.
Quality education needs to be provided irrespective of a learner’s location, language, or time preferences. This can only be done with the help of technology. The coronavirus pandemic in 2020 made us realize the importance of online learning. Online learning can provide job-oriented higher education courses with the only requirements of an internet-enabled device and an internet connection. Teachers need to teach digital learning solutions, and students should be encouraged to think out of the box. Skills need to be imparted to everyone, regardless of economic class. Such youth will be better employable and can also generate better employment opportunities. Additionally, new markets have opened up in the Middle East, Africa, Eastern Europe, and South and Southeast Asia.
With the introduction of Artificial Intelligence, the Internet of Things, Blockchain, Machine Learning, modern data science practices, cloud computing and other path-breaking technologies, the future of the IT industry in India is bright. We need to ramp up the quality of education in our institutions and go beyond textbook learning. India’s export revenue in the IT industry stood at 136 billion dollars in 2019. Urban infrastructure is being created, as is a conducive business environment. The domestic IT industry is also growing at a break-neck speed. We need to upskill our graduates if we are to achieve the goal of being a 5 trillion-dollar economy by 2025.