INNOVATION INCOMING
THE WEEK India|June 18, 2023
STEM-SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS IS EXPERIENCING A REVIVAL THANKS TO EXPECTATIONS OF BETTER JOB PROSPECTS
REYA MEHROTRA
INNOVATION INCOMING

In recent years, Indian movies like Zero (2018) and Brahmastra (2022) have had top-notch visual effects powered by Indian companies. They have shown that Indian technology is at par with global giants. More recently, India got its first AI news presenter, while AI and ChatGPT have dominated headlines. The seeds of such developments are sown in classrooms, particularly in STEM (science, technology, engineering, mathematics).

Even amid ruthless layoffs in the IT and technology sectors, STEM is seeing a resurgence. Studies show the demand for STEM courses growing steadily. “There was a shift from science to commerce earlier as the latter provides more scope for entrepreneurship,” says Prof V. Kamakoti, director, IIT Madras. “However, today, STEM is also leading to innovation and entrepreneurship. And that is why the demand for STEM courses is slowly increasing. All mathematics-based courses [have] a big range.”

According to an IBM study that was released in March, 66 per cent of the respondents think that STEM jobs will increase over the next decade. The study was conducted among a sample of 4,926 students, 4,629 job seekers, and 4,628 career changers in 13 countries, including Canada, France, Germany, India, Japan, the UAE, the UK, and the US. The report states that job seekers, students, and career changers around the world want to pursue roles related to STEM across industries, but say they are not familiar with career options.

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