According to India Today, the number of engineers graduating is close to 1.5 million annually, and by 2020, 80 million people are expected to work in the construction business. As a result, India would require over four million Civil Engineers or Structural Engineers in the next ten years (till 2030) to fully realize the burgeoning potential of the planned infrastructure and the real estate market.
Joint research by the real estate organization NAREDCO (National Real Estate Development Council) and KPMG (Klynveld Peat Marwick Goerdeler) projects that by 2030, India's real estate and construction sector will rank third worldwide. By 2022, it is anticipated that this industry will employ more than 75 million people, making it India's largest employer. In addition, the research estimates that India's urban population will increase to more than 580 million by 2030, thereby increasing the demand for structural engineers to build more public infrastructure.