Approximately 6,00,000 Indian engineers being pumped into the economy each year, only a handful (18.43%) are ready to be deployed as Software Engineers in the IT Services industry. And the number drops to as low as 3.21% for IT product roles. Disturbing as it may sound, but these numbers are a reflection of the present state of employability in the country.
In India, engineers are facing shrinking job opportunities and layoffs in India and immigration restrictions abroad. There is one country who is willing to hire Indian Engineers in large numbers i.e. Japan. The country immediately needs 2,00,000 information technology (IT) professionals, and the demand is likely to grow to 8,00,000 by 2030. About 100 companies in the region of Nagasaki in Japan are ready to induct Indian engineers to support their information technology, shipping and manufacturing service industries.
At an interactive session organized by Bangalore Chamber of Industry and Commerce in Bengaluru Yamamoto said that “Of the 2,000-odd companies in the Nagasaki region, 93 have expressed their consent to induct Indian engineers to overcome the shortage of professionals.’
He added,’ We shall come out with a specific agenda to invite Indian companies to set up bases or collaborate with Nagasaki-based companies shortly.”
The Nagasaki government is finalizing incentives for Indian companies in the IT, services, shipbuilding and manufacturing sectors. The offer to Indian engineers is in line with the call given by Shigeki Maeda, Executive Vice President of Japan External Trade Organization (JETRO) inviting two lakh Indian professionals, especially from the IT sector.
T R Parasuraman, Deputy Managing Director, Toyota Industries Engine India and managing committee member, said, ‘India has a huge and highly skilled manpower available and would to be keen to tie up with Nagasaki based companies to promote bilateral trade on priority bases. You name any sector, banking, manufacturing, services, healthcare, Information Technology, Infrastructure to name a few, we have highly specialized staffing solution to offer to Nagasaki based firms. All we need is a specific agenda which we will work to operationalize. It would be good to have a roadmap so that all stakeholders can work towards a common goal.”
When several countries such as the US, Australia, New Zealand and Singapore are putting restrictions on the entry of Indian engineers but Japan is hiring because?
•India and Japan are at totally different economic stages. A developed economy, Japan has been plagued by low growth for a long time. India is a developing economy that has to focus on manufacturing to retain high growth rates and generate jobs for its predominantly young population. Being at different economic stages, India and Japan can complement each other in many ways. Japan wants to boost its investment and has cutting-edge technology to share while India needs both. That’s how the bullet-train project came to happen. The other area where they need each other is the human resource.
•India and Japan have signed a ‘Technical Intern Training Program (TITP)’, under which India plans to send three lakh youths to Japan for on-job training for three to five years as part of the government’s skill development programme. Japan will bear the financial cost of the skill training of Indian technical interns. About 50,000 of them may also get jobs in Japan.
•Japanese training and jobs can salvage India’s engineering education which is marred by poor standards as well as shrinking job opportunities.