Shantanu Prakash, the managing director of Educomp Solutions, says that there was a shortage of engineers in the country a few years back and that precipitated a mad scramble amongst businessmen, big and small, to set up engineering colleges.
"And now, all of a sudden, there is a glut," he says.
From almost zero a few years ago, private colleges own almost 92 per cent of the engineering seats in the country - such has been the rush.
There are 35 colleges in Bhopal alone.
In Madhya Pradesh, there are 200 engineering colleges with over 100000 seats on offer.
The state that has seen maximum growth is Andhra Pradesh - it has 671 private colleges that offer 320000 seats.
Image: The memorial to the Bhopal Gas Disaster victims, situated near the site of Union Carbide Factory.
Image: Wikimedia Commons