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Monday, March 29, 2010

INDIA:future of IT

The Indian information technology industry plays a vital role in sustain development of modern India.It accounts for a 5.9% of the country's GDP and export earnings as of 2009, while providing employment to a significant number of its tertiary sector workforce. More than 2.3 million people are employed in the sector either directly or indirectly, making it one of the biggest job creators in India and a mainstay of the national economy. In March 2009, annual revenues from outsourcing operations in India amounted to US$60 billion and this is expected to increase to US$225 billion by 2020. The most prominent IT hub is IT capital Bangalore. The other emerging destinations are Chennai, Hyderabad, Mumbai, Pune, NCR and Kolkata. Technically proficient immigrants from India sought jobs in the western world from the 1950s onwards as India's education system produced more engineers than its industry could absorb. However, there are severe skills shortage among engineers, especially who lack in soft skill and technical skill, as a result engineering graduates remain unemployed after being pass out from college or university. India's growing stature in the information age enabled it to form close ties with both the United States of America and the European Union.

Each year India produces roughly 500,000 engineers in the country,out of them 25% to 30% possessed both technical competency and English language skills, although 12% of India's population can speak in English out of 100.India developed a number of outsourcing companies specializing in customer support via Internet or telephone connections. By 2009, India also has a total of 37,160,000 telephone lines in use,a total of 506,040,000 mobile phone connections,a total of 81,000,000 Internet users—comprising 7.0% of the country's population,and 7,570,000 people in the country have access to broadband Internet— making it the 12th largest country in the world in terms of broadband Internet users.Total fixed-line and wireless subscribers reached 543.20 million as of November, 2009.
above given records are just a fair indication that what sort of future we have in upcoming days in this very field.however we are well behind from our competitors as they are preparing to launch 4G and we still waiting for 3G but it does not mean that we are less capable the reasons are well known-poor politics.presently India is perhaps the biggest market for all types of product and it is predicted by eminent scholars that MICROSOFT the IT giant is about to open its head office in India upcoming some years.DELL,HP and all other blue chip companies concentrating at Indian markets and making changes in their products according to the needs of Indian consumer.But this is just a beginning as we have lots of fresh talent waiting their turn to shake the world of IT.

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