Jim Sanderson is not exactly a very famous IT personality. He is the vice president and chairman of enterprise applications vendor, Lawson Software. However, his view about India is very important as Lawson Software has now selected Philippines instead of India. The company earlier worked with two Indian companies and it came as a surprise to many people that Lawson Software has decided to move to Philippines. I read a report titled ‘India loses appeal as labour costs rise’ in iTWire. Here, Jim Sanderson has talked about basically two problems that his company faced in India:
- “Costs are rising 15% plus.”
- 25-30% attrition in the Indian IT industry
He also stated that India is now facing a crisis of skilled workers as India cannot supply enough workers to meet the growing demand of IT workers.
I have been saying these things for the last 3 months in IndianRaj. Well, Indian government officials are hardly paying any attention to this matter.
In a way you might be correct for the short term because as of now the demand is greater than the supply.
Colleges are gearing up big time and in the next few years you will see an increasing number of graduates which will tilt the equation in favor of the employers and decrease wages.
www.intnlcommerce.com
Posted by: david hammer | September 27, 2006 4:47 PM | Permalink to Comment