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The Future of Outsourcing in India

Posted by Zonk on from the i-would-personally-rather-keep-the-jobs-here dept.

aaditeshwar writes "Economist has an article on the current and projected state of outsourcing IT and other business processes to India. The biggest problem seems to be that the talent pool of skilled workers will not able to keep up. Currently there are about 700,000 people working in IT and outsourcing, which is likely to grow up to 2.3 million by 2010, but only 1.05 million new graduates will qualify from local colleges in the next 5 years leading to a shortfall of 500,000 workers! All this despite the fact that almost 2.5 million students graduate in India each year." From the article: "In IT the growth in Indian exports is expected to come both from the software market, and from 'traditional IT outsourcing'--such as the remote management of whole systems, a market now dominated by the big global IT consultancies. This is expected to rise from 8% of Indian sales now to about 30% in 2010, while software-development's share will fall from 55% to 39%. In business-process-offshoring, the big industries will remain banking and insurance. But rapid expansion is also expected in other areas, like legal services."

3 of 274 comments (clear)

  1. Re:Eastern Europe? by ampmouse · · Score: -1, Flamebait

    It's not like working for Microsoft would be any better then them being unemployed and envolved in organized crime. The only difference is that Microsoft has plenty of money to pay off the goverment/law enforcement.

  2. Re:I don't get it... well I do, but I don't by Anonymous Coward · · Score: -1, Flamebait

    Try to spell "compare" right for starters, fucktard.

  3. Re:Next Target-Excessive Medical Costs. by Anonymous Coward · · Score: -1, Flamebait

    That's right! Another main reason is high wages.

    It is a REAL shame the slavery is illegal here, or else we could keep American jobs in America real easy.

    Would be like the good ol' times, we took care of the black folk, gave them food, clothes, and shelter, and in return they did a few chores for us in the field.

    If you wish, Anonymous Coward@08:28PM, I can arrange for a nice job for you, where you would not be forced to get health insurance, disability, or wages, for that matter. You would have all the food you can eat (if you can beat my pigs to the trough).

    Get it? YOU ARE SUCH A DUMB KOOKSERVATIVE DILTTOHEAD