In smaller cities and towns young engineering graduates are learning high-demand, cutting-edge, new-age technology skills like Machine Learning, data science, Gen AI, Fullstack development, EV design, and clod computing.
As per the report by ET or The Economic Times, there has been a jump in record numbers of young graduates spending money on learning these new-age tech skills in small towns and cities. Reason for learning these skills is based on the opportunity to get job in these IT sectors in the competitive job market.
Small towns like Mysuru, Coimbatore, Kottathur, Bhubaneswar, Nagpur, Indore, Madurai, Lucknow, Vishakhapatnam and Tiruchirapalli were listed in the report by The Economic Times where 40% of total engineering graduates registered to learn new-age skills.
In the last two decades, the IT or information technology industry has become the biggest recruiter of talents and saw immense growth along with challenges. At present the IT sector is facing several challenges that’s leading to mass layoffs in the sector especially from tech giants like Microsoft, Google and Facebook.
So tech companies are avoiding campus placements, especially on entry-level jobs to control the cost. But freshers from small towns are learning new-age technology skills to get job in the IT sector as previously there was more employment in this sector.
Young graduates to increase their chances of getting a good job are spending 1 to 4 lakh to hone their new-age tech skills. Experts in the industries have given their take on this latest trend.
Hari Krishnan Nair, co-founder of the Great Learning told ET or The Economic Times, “There is a conscious effort by freshers in the Tier 2 and 3 cities to acquire the latest skills to excel in a competitive job market as the selection process for entry-level talent is becoming more and more stringent in a tough job market.”
UpGrad co-founder, Mayank Kumar says, “Many in the smaller towns do not have access to quality higher education infrastructure. In many cases, the college curriculum is also not up to date. This is prompting many young engineers and graduates to learn skills that could give the relevant proficiency that many employers are looking for.”