India needs industry-ready graduates from educational institutions, says FM

Union Finance Minister, Nirmala Sitharaman, urged educational institutes to keep focusing on industry requirements so that students passing out from there can serve India’s development goals.

Higher education in India is no less when compared to global educational institutions. People who studied in Indian universities now constitute the “second largest contingent when it comes to managing the best of companies around the world,” noted the Minister.

She rued that the country has to depend on other countries for some of its industry needs, particularly in the futuristic and sunrise sectors, which is the reason why Indian manufacturing suffers whenever there is a supply disruption. If India is to become a land of manufacturing, then institutions must produce industry-ready passouts, she stated.

“What we need to do now is to make sure we understand what the industry needs and be able to manufacture for ourselves and for the world. That is why industry leaders sitting on the boards of wonderful educational institutions which draw talent, bring in the best of skills and ability and have rigorous learning experiences, are very important.”