'30 million BPO jobs in India by 2020'

By siliconindia Bangalore Bureau   |   Tuesday, 18 November 2003, 08:00 Hrs
Printer Print Email Email
Kolkata: India has the potential to generate 30 million jobs on incremental basis in outsourcing business by 2020, Boston Consulting Group vice-president and director K James Abraham said in Kolkata on Tuesday.

"Right now less than one-third of Fortune companies were going for outsourcing and even less than one-twentyfourth of that was coming to India... So there is a huge potential for job creation from outsourcing in the country," Abraham told reporters while quoting a study conducted by the Planning Commission and the CEOs of leading companies.

However, Abraham cautioned that to achieve the target of 30 million jobs, India would have to reform its education system so that It has a pool of large number of engineers and other professionals.

Reforms, he said were required to increase the number of seats not only at Indian Institutes of Technology and Indian Institutes of Management, but also at the regional engineering colleges.



SPOTLIGHT
IBM announces programme
n a bid to recognise the contribution of developers in the open source community, Information ..
Google's Gboard gets offline
Google is adding an Artificially Intelligent (AI) offline dictation feature on its Gboard keyb..
Wipro opens third industrial
IT major Wipro Ltd on Thursday opened its centre of excellence for Industrial Internet of Things (..
Facebook denies cyber attack
Facebook ruled out a cyber attack on its products Whatsapp, Instagram and Messenger, which suf..