The IT sector, country's largest private sector employer with a total headcount of 3.7 million, may not offer as many jobs in the years to come.
Business growth has been teetering. From 13.9 per cent in 2013-14, IT export growth has dropped to 10.2 per cent in 2015-16 and is estimated to fall further to 8-10 per cent in 2016-17. Also, new-age technologies, including automation and artificial intelligence, are trimming manpower requirement. In the past five years, while IT exports have grown at an average 13.7 per cent annually, the headcount growth has been only 8 per cent.
Source: The Hindu Business Line,28/11/16ay.
It's time graduate engineers start looking for alternative avenues. And it's time for the manufacturing sector to rise to the occasion and offer opportunities. All the stake holders including government, industry etc need to put their brains together so that make in India will not remain merely as a dream .
Jagan Mohan
Business growth has been teetering. From 13.9 per cent in 2013-14, IT export growth has dropped to 10.2 per cent in 2015-16 and is estimated to fall further to 8-10 per cent in 2016-17. Also, new-age technologies, including automation and artificial intelligence, are trimming manpower requirement. In the past five years, while IT exports have grown at an average 13.7 per cent annually, the headcount growth has been only 8 per cent.
Source: The Hindu Business Line,28/11/16ay.
It's time graduate engineers start looking for alternative avenues. And it's time for the manufacturing sector to rise to the occasion and offer opportunities. All the stake holders including government, industry etc need to put their brains together so that make in India will not remain merely as a dream .
Jagan Mohan
--
Sent from Gmail Mobile
-- The views expressed are individual and not necessarily MTC Global also share the same views.
---
You received this message because you are subscribed to the Google Groups "Management Teachers Consortium, Global" group.
To unsubscribe from this group and stop receiving emails from it, send an email to join_mtc+unsubscribe@googlegroups.com.
For more options, visit https://groups.google.com/d/optout.
No comments:
Post a Comment