IT job market growing by 30%annually
The IT industry, which currently employed one million people, would provide jobs for another one million software experts in the next 3-5 years, a top Infosys official said.
MADURAI: The IT industry, which currently employed one million people, would provide jobs for another one million software experts in the next 3-5 years, a top Infosys official said on Satarday.
India would be the "Back Office" and "IT Hub" for various developed nations and IT companies would continue to recruit two lakh software professionals every year, Infosys COO and Chairman of CII's Karnataka unit S Gopalakrishnan said here.
The IT sector would also help generate indirect employment on other sectors, he said, adding five to six million people would join other industries as there would be demand for cars, houses, electronic goods and retail activities.
Another advantage for India was it would be the 'youngest country' for the next 20-25 years. Seven million people would be in the job market, he said, adding all those should be trained to get jobs in IT companies.
As people in developed countries were getting older, they expected services from India and other developing countries, he said.
The IT sector would also help generate indirect employment on other sectors, he said, adding five to six million people would join other industries as there would be demand for cars, houses, electronic goods and retail activities.
Another advantage for India was it would be the 'youngest country' for the next 20-25 years. Seven million people would be in the job market, he said, adding all those should be trained to get jobs in IT companies.
As people in developed countries were getting older, they expected services from India and other developing countries, he said.
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