STEM opportunities are growing in locations such as Bengaluru, Hyderabad and Pune. India’s overall STEM sector is projected to see a 40-45 per cent increase by 2027. The most sought-after positions are software developers (24 per cent), data analysts (18 per cent) and AI/ML specialists (15 per cent). Each year, more than 1.5 million students take the Joint Entrance Examination (JEE) competing for roughly 16,000 seats at the Indian Institutes of Technology (IITs) The National Eligibility cum Entrance Test (NEET) sees over 1.8 million aspirants vying for around 90,000 MBBS seats. This fierce competition reflects the high societal and economic value placed on STEM careers, driven by lucrative salary prospects and the perception of greater job stability in these fields. The growing emphasis on STEM education and workforce development is a testament to India’s commitment to innovation and economic progress. The Union Budget announced initiatives like 50,000 Atal Tinkering Labs, high-speed internet for rural schools, AI integration, and skill development,’ said Sachin Alug, CEO, NLB Services.
