Wednesday, March 18, 2009

IT will generate 10 mn jobs by 2010 in India

India 2010

The IT and BPO industry will generate ten million jobs by 2010 in India and the country will become the ‘centre of gravity’ in the world for the sector, says Nandan Nilkani, CEO of the Nasdaq-listed Infosys.

Talking to a group of editors on the ‘Business Implications of a Flattening World’, he said the Indian companies will have to have a global vision to realise the potential of the country becoming the centre of gravity in the information technology sector.

Nilekani said software development in India has become qualitatively better and customers wanted more of it. The global companies have to make a fundamental shift in their strategies by opening up more to markets in India and China.

Citing an example, he said in these two countries a huge demand for things like mobile phones was growing and other countries have changed their operations from BPO to leverage this aspect.

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