The quality of many a graduates being turned out by Indian universities tends to be sub-standard because of the lack of sufficient interaction between industry and academic institutions. Keeping this in mind a group of manufacturing and capital goods companies have come together to hand-hold engineering colleges and universities in small cities and towns, seeking to improve the quality of their graduates and their employment prospects. The tie-up will bridge the gap between education and employability, a source of concern for both the government and corporate entities.
With manufacturing gaining traction again, and the Centre approving a National Manufacturing Policy, these companies say industry needs to contribute its bit to help create an employable workforce with the requisite job skills. Companies taking part in the initiative include steel parts maker Bharat Forge Ltd, power equipment manufacturer Thermax Ltd, Hindustan Dorr Oliver Ltd, a unit of the infrastructure firm IVRCL Ltd, and GW Precision Tools India Pvt. Ltd.