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Monday, October 17, 2005

Indian IT juggernaut

Like, any great story, the story of the Information Technology (IT) boom in India runs at many levels. Its impact on the Indian industry and the economy is dramatic. And this is story is even more gripping at the social level.
It has impacted lives (or lifestyles to be more specific) or several middle class Indians and their families. This has given hope to millions of others that they can change their economic and social in their own lifetimes, which would have been a distant dream, say may be 15 to 20 years ago in India, where the youth had a very few choices like may be clearing some public services or Administrative services examination, if he had any such kind of a dream. Hence this has been a turning point both for the society in India and the Indian It industry.
These Indian youths (not excluding myself called the software professionals), who have joined the IT bandwagon, have started earning on an average 10 to 15 grand’s per month , a very respectable amount to earn and spend for a college pass out in India.
Also, kudos to some great Indian IT entrepreneurs like Narayan Murthy and Nandan Nilekanni of Infosys, Mr. Azim Premji of Wipro technologies and many more (I hope names keep on adding to this list), who have set such a good example that the Indian youth have realized that this is one field, where one can excel if one puts his brains and hard work, and the youth in India is really putting efforts for this.
Most of the students coming out from some good B schools in the country have started playing this corporate game of entrepreneurship and have come out with flying colors.
As of now the prospects of the Indian IT industry looks bright because of the high-quality deliverables and intelligent IT labour available at cheaper prices and it has already started attracting attentions of one narrow aspect of the world called
"the west" , and most of them have started their software development centers in India employing the Indian software professionals ( am too employed by one such firm)
All I can say is that , hope this trend keeps growing as IT is the only source of my bread and butter these days ;-) .
Ciao

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