An article that appeared in the Economist in a special section on India, A Billion Brains: A Better Education System Calls for More than Money, discusses the shortage of skilled workers in India. "In 2010 India had just over 500,000 civil engineers when it needed nearly 4m, and 45,000 architects when it needed 366,000. It predicts that by 2020 the cumulative shortfall of core professionals involved in the building trade could be in the tens of millions."
The article highlights the central role of higher education: "To make India more competitive, though, the biggest gains in education must come after school: in vocational and higher education."