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Information Technology Sector
 
India is at a unique advantageous position when it comes to the IT and ITes industry. To begin with, it has a very favourable demographic profile with nearly 60 percent of the population in 15-59 age bracket and more than half below 25 as compared to the relatively ageing economies of the west and even Japan and China. With nearly 441,000 technical graduates and 2.3 million other graduates with reasonably good English speaki`ng abilities walking out of colleges every year, the addressable talent pool for a burgeoning IT industry is considerably large in India.

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According to the National Association of Software Service Companies (NASSCOM), total direct employment in the Indian IT-ITES has grown approximately from 2,84,000 in financial year 1999-2000 to 1,293,000 by the end of 2006. Total indirect employment attributed to this industry is around three million. With domestic majors showing double digit growth and more international companies offshoring high-end research activities to India, the revenues being generated by the BPO Industry is set to touch $60 billion (Rsn267,526 crore) by 2009-2010. This means jobs for 50,000 rr profession als and 1.4 million BPO professionals.

Heighlights:

$36.3 Billion - Is what the Indian IT Industry was woth in 2006.
2 Million Number of Jobs that will be created by 2009-2010
16% is the Salary Increase Annually Across all Levels
 
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Ph: +91-40-27628796, 55828796, 98661 27796, E-mail: editor@engineerstudies.com