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Archive for May 7th, 2008

IT-BPO sector to employ 8 m by 2018

Wednesday, May 7th, 2008

Indian IT and BPO sectors will ramp up its staff by four times from its existing workforce of two million to eight million by 2018, with Tier 2/3 cities contributing two million of the target, according to a recent study.

Currently, the top 7 IT-BPO locations in India contribute almost 90% of the workforce, but in a decade’s time, trade body Nasscom and management consultant A T Kearney expects that to move down to 75% and the rest by the other cities.

Nasscom president Som Mittal is hopeful on the industry to achieve a more even split.

“We prefer other cities apart from the top 7 to contribute about 40% of the workforce over a period of time, so that the ecosystem of non-leader cities can evolve too,” Mittal said.

The study on assessment of 50 Indian cities puts and validates the general perception that Bangalore, National Capital Region, Mumbai, Kolkata, Chennai, Hyderabad and Pune belong to the leaders quadrant.

The study states that cities including Chandigarh, Indore, Jaipur, Mangalore, Vadodra and Nagpur etc. are vouching for their share of the pie.  source