Mumbai | April 10, 2019: BridgeLabz Solutions LLP, one of India’s largest IP-driven incubation labs aimed at nurturing Engineering talent and ideas in the emerging technology space (AI, ML, Blockchain, Cloud Technology), plans to place 3000 engineers across 500 companies pan-India within FY 2019-20. The company will carry out this nation-wide recruitment and placement through 500 organisations. These include 100+ existing and 400 new partner companies that are varying in size (including MNCs) and are focused on Products and/or Services in emerging tech.
Out of 1.5 million fresh engineers graduating every year in India, only about 4 percent are employable in the emerging tech category. This is equivalent to a mere 60000 employable force in a time where the demand is upwards of 200K to 400K. There is, thus, a dire need to increase the existing pool of available and employable engineers in the country. Through its Maker Program, BridgeLabz aims to fill this gap by providing companies custom-trained engineers, while giving engineers the security of a job, as well as the necessary industry-specific skills. The Maker Program, paid for by the partner companies, serves as a boot camp for engineers aspiring to enter the emerging tech space.
Speaking on the nation-wide placement drive, Narayan Mahadevan, Founder, BridgeLabz said, “It is our constant endeavour to help bridge the skill-gap in our country by giving engineers the hands-on experience they require for the professional world. BridgeLabz is proud to have increased the pool of available tech talent for product development. By making 3000 engineers employable in emerging tech, in the next year BridgeLabz would be adding between 5-10% to the pool by itself. Through placing them at our top partner companies, these engineers will get the right environment to utilise and build on their professional skills for a fruitful future career.”
Speaking on the employability issue in India, Komal Pradhan (Engineer) said, “I have always been passionate about coding and creating products. However, because I didn’t get enough practical exposure during the course of my education, I didn’t have the confidence to code in different languages and scenarios. As a result of this, I had found it difficult to secure product development roles in the past. After going through the Maker Program with BridgeLabz, however, not only did I get an assured job at a great company, but I feel much more comfortable in my work and can code and develop independently. The mentorship and experiential learning are what Engineers in India need, as most are in the same boat as I was to begin with.”
BridgeLabz has partnered with 100+ companies to date, including Yatra, ThoughtWorks and JDA India. Through its 4-month long Maker Program, it has made close to 400 engineers employable since its inception in 2016, by giving them the right exposure and practical experience for product development in the professional realm. So far, the company has seen a great response from both students and partner organisations. This rapid expansion drive to employ 3000 engineers and bring 400 more partners on board is a part of their consistent efforts to make engineers job-ready, and to give companies the best talent with the right skills to work for them.