Saturday, August 29, 2009

India To Become 'centre of gravity' Of IT/ITeS Industry


Nandan Nilekani, CEO of Infosys, has predicted that Indian IT and BPO industry is likely to generate 10 million jobs by 2010, and the country is going to be the “centre of gravity” for the IT sector.
On the ‘Business Implications of a Flattening World’ Nilekani said that Indian companies need to have a global vision to realize the potential of the country.
Nilekani also said that 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.
In these two countries a huge demand for things like mobile phones has been growing and other countries have changed their operations from BPO to leverage this aspect.
With its large pool of young and dynamic population, in future India is sure to become a centre of gravity not only in the field of IT but in every field, given the nation realize their potential and capability!

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