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News >> Technology >>
Nasscom launches IT workforce initiative
By siliconindia staff writer
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Friday, 03 September 2004, 19:30 IST
CHENNAI: In an effort to meet the demand of projected 2.1 million people in the software and services sector by 2008, NASSCOM on Thursday announced launch of an IT workforce initiative to focus sharply on the creation and nurturing of the human resources in the country.
"To meet the targeted revenue of $50 billion, the software and services industry would require a manpower of 2.1 million by 2008 from the current 800,000 people. However, against the demand of 2.1 million, the industry can employ only 1.1 million by 2008," quoting a Mckinsey estimate, NASSCOM president Kiran Karnik said while addressing the first ever 'NASSCOM HR Summit 2004' .
He said the IT workforce of NASSCOM will closely work with the professional education sector (through curricula, faculty, infrastructure improvements) in line with IT industry's requirements.
Under its BPO initiative, this premier IT software and services body has been working towards improving the employment conversion ratio through use of pre-certification, use of counselling as well as providing awareness to attract young talent.
The important challenges are, he said, faculty training and the curriculum. As we move ahead, especially in the knowledge economy, we need people with innovative skills, entrepreneurial and risk taking attitudes.
He also called for state government's role in the initiative to enhance HR skills. "On the demand side, we don't see any problem. But the other challenges will be the infrastructure and the quality of HR", he said.