Many theories are making the rounds of social media and other discussion groups regarding how the pandemic shall affect the Indian economy. Some say that the domestic markets will fall as supply from China is negated, while others say that it shall help the Indian market to grow. Either of these is only good news for a graduate from any of the top electrical engineering colleges in Bangalore. This scenario shall ensure that these graduates from the best electrical engineering colleges in Bangalore may soon expect a good job with a handsome salary.
Obstacles that the electronics sector in India faces
The electronics sector was probably one of the most hit as most of its raw material used to be imported from China. Due to the coronavirus outbreak, this industry is at present under immense stress and new supply chains are yet being explored. Though the brunt of the outbreak is being borne by the MSMEs due to the lockdown and almost zero imports. Graduates from the top electrical engineering colleges in Bangalore and the best electrical engineering colleges in Bangalore thus are finding drastically curtailed amounts of jobs at present.
The demonetization and GST shocks had already driven down the hiring of talent from the best electrical engineering colleges in Bangalore. While the country at present also cannot support electronics manufacturing as to date Indian companies were only involved with the final assembly of the parts and their testing. Even the automotive sector which was the second-highest employer of any graduates from the top electrical engineering colleges in Bangalore is seeing a downward trend in hiring. While the serious shortage of supplies is driving parts costs higher which is a worrying thing for the industry.
The final solution
To stabilize this sector, we need to re-strategize which shall produce lesser jobs for a graduate from the best electrical engineering colleges in Bangalore. While the policies of the present government to focus on being self-reliant may help to an extent but that is at best a long term scenario. In the short term, the industry shall continue to be dependent on imports from either China or another source. In the long term though, the industry may expect a boom in terms of hiring suitable graduates from the top electrical engineering colleges in Bangalore.
Alliance University 