What is the role of Ph.D.(Engg.) for the development of the Nation like INDIA

Dear Govindaraj, with all due respect to all, who hold genuine Ph.D, I would like to opine-quality matters than quantity. There are examples galore in Indian scenario of people who had no fancy degrees to flaunt but they defined the development with their great, inspiring work. Dheeru Bhai Ambani, Anna hazare, Amitabh Bacchan and Sachin truly fits the bill. I am not against pursuing higher degrees, such as Ph.D but bottom line is no point in holding fancy degree if it doesn't serve the purpose.Also, what's shocking is that there are many colleges and univs in India who sold Ph.D like pea nuts. Shame on these institutes and those who are holding these illegitimate Ph.Ds. My own state, U.P and Bihar are leading this notorious fiefdom.

Coming to the fundamental issue, yeah i believe, Ph.D holders in Engineering has a great work to do to change the social fabric of this nation, which is plagued with issues galore. Creation of infrastructure could be one pivotal area. Bridge, dam, road, building, SEZ to name a few demands noble souls. Irony is educated class which can bring about a change is neck deep immersed in corruption.Having said that there are some great souls also who are playing defining role in nation's development. APJ Abul Kalam is one such person..... 

“Create your own destiny, as you are second to none in this world. Have faith and belief in your instincts and knowledge, show this world who you are.”     

Thanks......

@Vijay, so both of us are in concurrence that Ph.Ds are the need of the hour.

Your concern is only of the quality - which I would also share to some extent.

My wife is a Ph.D (she did it after her marriage) and so I can say that I have got first hand experience in this (since I was her driver and escort). 

Her guide was extremely good, knowledgeable, meticulous and industrious (I would call him a quality guide in your parlance).  If all the guides are like him, this question would not have arisen.

I presently work in Riyadh (KSA) and last week I met a Ph.D from India.  After exchanging notes, I was shocked to hear his salary (his salary was 50% of what I knew were the salaries 4 years back).  When I asked him the reason, he said it is on account of so much supply from India.  For a vacancy, the applications are in hundreds - all from India - especially Tamil Nadu.  He was also of the opinion that the quality has decreased very much.

I can also give you the reasons for this.  Before my wife joined the Ph.D program, we went to different univerisities and colleges looking for guides.  The chairman of one university (private) enquired from us the complete details of Ph.D program and the fees which are normally charged.  And in the next year, this university started its Ph.D program at an abnormal fees.  And the instructions to all the Professors there were very short - produce as many Ph.Ds as you can and enrol as many Ph.Ds under you as eligible.  With these sort of instructions, the quality is bound to suffer.

And if there is a body to control the quality, this would not happen.  But alas, there is nobody to regulate these things.  Strict rules and regulations need to be formulated for Ph.D program and it should be supervised.

I hope you get the reasons from this very long answer.

I agree with both of you. They have a big role to play.... 

There many Engineers enrolling for Doing Ph.D. in Engineering. After their research they are settle with their job. some scientist  Go for pattern recognition very much.

But For industry how over Ph.D.s can do wonders?

How this III Can happen?