India
- Created by: sophie98campbell
- Created on: 08-05-17 13:16
Fullscreen
STRENGTHS
Indian economy + trends:
- large + skilled labour force support the Indian economy
-> National Skill Development Corporation (NSDC) to provide training to 3.3 million students this year
-> currently provides training in 33 sectors
-> about USD200 million proposed for NSDC in the 2014-15 budget
-> second largest number of engineers + scientists
-> second largest population in the world
-> home to educational institutes of global repute - ITs and IMs
-> working age opilation expected to increase from 58% in 2001 - 64% in 2021
-> average age predicted to be 29 years in 2020, lower than China and US
-> expected to be home to 25% world's skilled workforce by 2025
-> 1.5 million graduates pass out every year
-> 250 million people expected to join the Indian workforce by 2030
-> number of engineering colleges has increased from 1,511 in 2006-07 to 3,345 in 2014-15 - Outsourcing
-> India has more than 20CMM level 5 companies
-> Indian BPOs handle 56% of world's business process outsourcing
-> Indian outsourcing market expected to grow by USD50 billion by 2020 from current worth of USD20.8 billion
-> 2000s - entry of IT majors + BPO becomes mainstream industry in India
-> 2008, India claimed 64% all offshored IT business…
Comments
No comments have yet been made