There are 1.5 million engineering seats in India today, up from 500000 five years ago.
This is way beyond the demand for engineers.
Himanshu Aggarwal, the CEO and co-founder of Aspiring Minds, says that the IT sector absorbs around 200,000 engineers in a year, and the demand from the other sectors can't add up to more than that.
If one-fifth seats go unfilled in engineering colleges, that leaves 800000 jobless engineers in a year.
But all of them may not join the ranks of the unemployed as many get enrolled in business schools.
That's another Pandora's Box: there are over 3000 of them in the country, many not more than holes in the wall.
Some others take non-engineering jobs.
Image: A couple of job seekers seen in this file photo.
Image: Reuters Images