Why does almost every indian study engineering?

Ask any indian online what he does for a living and he'll give you one of 2 answers, engineer or engineer student. Now I assume a country the size of india needs other professions to function but it's extremely rare for them to mention any other profession.
So what is the national obsession with engineering all about? Are there jobs for the millions of engineering students or do they just end up in call centres and on factory production lines? How many of engineering qualifications are worth the paper they're printed on?
Why does almost every indian study engineering?
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