In the context of the Information Technology Revolution, Communication Explosion, the Knowledge Economy and Globalization, India’s production of Professionals is phenomenal. With over 300 Universities and 15,600 Colleges spewing out 2.5 million graduates each year, in terms of the volume of production India trails behind only the US and recently China. Each year India produces 350,000 Engineers, twice the number produced by the US. A recent evaluation of Universities and Research Institutes all over the world, conducted by a Shanghai university, has not a single Indian University in the world’s top 300 – China has six.
Rajasingh, S. and Rajasekaran, B.
"Perceptual Chasm Between Industry and Academic Leaders on the Quality of Higher Education,"
Academic Leadership Journal: Vol. 7
, Article 11.
Available at: http://scholars.fhsu.edu/alj/vol7/iss2/11