The ascendency of India as an economic world power

Microsoft is not exactly very strong when it comes to Internet business. It has lost to Google comprehensively in the search engine market segment. So, I got a bit surprised to know that Microsoft is planning to open a job portal for India. India has perhaps the largest number of unemployed people for a single country in the world. So, anything related to job has a good potential in the Indian market.

India Times wrote:

Microsoft Corp yesterday announced that it was in talks with partners in government and industry for a job search portal.

The company said that it plans to launch a job search service this year for the country's nearly 400,000 engineers graduating every year. Microsoft's job portal will compete with Info Edge (India) www.naukri.com and Monster Worldwide’s www.monsterindia.com, among others. Its online portal www.msn.com will provide educational content to students.

I have to say that this is a good initiative from Microsoft. It will help Microsoft immensely to establish its strong presence among the young people in the country. I would not be shocked if Google and AOL and even IBM take similar initiative of opening a job portal in India.