out of 1.5 million most of the students are from tier 2 and tier 3 colleges. The education and opportunities in Tier 2 colleges makes most of the student employable while students from tier 3 colleges are barely employable.
out of 1.5 million only 10% are employable i.e 150k grads [1]
Out of that 150k, 50% will be employed by mass recruiters (Infosys, TCS, Cognizant, HCL, Wipro)
I find it hard to believe that only 10% of software developer graduates are unemployable. 90% unemployment is ridiculous. why would the graduates waste so much time with a 10% chance of employment.