60k from tier one engineering colleges. It includes all branches. Not only CS students. Similar number to the number of students enrolled as undergrads in entire engineering colleges in USA.
The number of engineering students enrolled in India as undergrad is around 350k (It's not over half million. My bad).
So students from tier 1 colleges makes about 17%. That's not a small fraction that can be ignored.
Statista says that CS in India is 880k + 660k of Electronics Engineering (CS adjascent field). That's 1.54mil students in the field that we are talking about.
60k of tier one - are fairly smart and probably half of them are brilliant and passionate(being very generous here). They are the outliers that prove a point.
That said - 4 year degree shouldn't be a requirement in software engineering. It's a very poor quality marker
