10 million jobs in Information Technology sector by 2010! This magical figure did not come from a politician but from Nandan Nilkani, CEO of Infosys. Infosys is one of the leading IT companies of India and Nandan Nilkani is a respected figure in the IT industry. I am quoting from a report of the Financial Express:
“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.”
It sounds too good to be true. However, in the report, there was no explanation of how so many new jobs will created in such a short time. The creation of so many new jobs depends basically on two factors. On the one hand, Indian companies need to get more and more outsourcing contracts so that they can employ more workers. On the other hand, Indian government organizations and private companies need to use IT more in their day to day operations.
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