CHENNAI: IT and BPO industry is poised to grow 15 to 20 per cent in the next five years and direct employment likely to go up to eight million, a recent survey by NASSCOM has said.
The survey has revealed that prospects of the industry growing in 50 cities in the country were bright if the state governments concentrate on developing infrastructure in these cities.
Releasing the survey, NASSCOM President Som Mittal told a press meet that the industry was focused in seven locations in the country now, employing about two million people.
The present locations - Bangalore, Chennai, Hyderabad, Kolkata, Mumbai, National Capital Region of Delhi and Pune - might not be able to cope with the pressure developed due to setting up of new units there.
The survey said that the development of these 50 locations, including the seven, would depend on knowledge pool availability, infrastructure and social environment, government support and business environment.
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The survey has revealed that prospects of the industry growing in 50 cities in the country were bright if the state governments concentrate on developing infrastructure in these cities.
Releasing the survey, NASSCOM President Som Mittal told a press meet that the industry was focused in seven locations in the country now, employing about two million people.
The present locations - Bangalore, Chennai, Hyderabad, Kolkata, Mumbai, National Capital Region of Delhi and Pune - might not be able to cope with the pressure developed due to setting up of new units there.
The survey said that the development of these 50 locations, including the seven, would depend on knowledge pool availability, infrastructure and social environment, government support and business environment.
Read more Article...
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