Read the full article by Sebastian Mallaby in the Washington Post of January 2, 2006.
The explosion of technical schools all across India, "is part of India's technology-fueled economic miracle. In 2005 India produced 200,000 engineering graduates, about three times as many as the United States and twice as many as all of Europe. But the really astonishing statistic is this: In 2005 India enrolled fully 450,000 students in four-year engineering courses, meaning that its output of engineers will more than double by 2009........What's made this engineering takeoff possible is not an increase in the supply of universities financed by taxpayers or foreign donors; it's an increase in demand for education from fee-paying students -- a demand to which entrepreneurs naturally respond. More than four out of five Indian engineering students attend private colleges, whose potential growth seems limitless."
Monday, January 02, 2006
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