Sunday, October 29, 2006

China keeping its fact right for IT- India Beware

As a daily habit of surfing through leading newspapers of the world,I was really surprised seeing China's optimistic view about IT While reading Shanghai Times(China's #1 business daily)It showed how well they are accepting the fact and also gearing up to beat their rival India.China is optimistic to beat India in next few years and there figures sounded realisitic and alarming.
Though we might be happy with Feel-Good factor with IT in India and IT and India almost pronounced simultaneosly, the number games are changing fast.
China has very well accepted that they are far behind India when it comes to software,but they know they are still leading in hardware by huge leap.Now,they have started executing their plans for training workforce in IT and English and as per Chinese Industry Association , they are really working fast.
Not only in terms of Education and training but also Infrastructure. It is a well known fact that China has by far better Infrastructure ,be it SEZs, Airports,Tech Parks or well planned cities.
Whereas, India still is lazying around and partying with success in IT. Infrastructure is deterioting day by day, specially at IT capital Bangalore. Signs of skill shortage has started showing signs with attritions touching 20% in many companies.
And its sad to see Govt focussing in stupid issues like reservations against improving education standards in schools and colleges.Although,engineering colleges are opening at a fast pace but how many of them actually give even average enginnering skills to students, I would say max 25-30%.
One good strategy which IT companies in India has started is expanding operations in China.We have TCS,Patni,Infosys,Satyam all opening shops in China. This will help these companies become truly global and at the same time cash on available talent pool and obviously huge Chinese market.
The need of the hour is to bridge the gap between industry and colleges.There is no point IT companies just crying about talent.It is time that industry come forward and partners with Enginneriung colleges in near by areas of cities to actually train students about what is expected from them. The benefit of such a program will be ,first availability of trained talent as per expectation right from campus thus saving huge recruitment cost and secondly increasing brand awareness of their company among the talent.We have few IT companies like Patni,Infosys and Satyam who have already started with such a model.Infosys has a large world class training centre,where they train new recruits depending on projects whereas Satyam and Patni has started tieing up with colleges to train students
I think it is also a duty of alumni to come forward and give back to their alma mater also.Devoting 2 hours in a quarter by going to college and sharing what industry is expecting,will definately help is decreasing the gap of skill shortage. Educating students about importance of soft skills is defn the need of the hour.
Because Remember, Outsourcing is not a friend of India. It will be friend of who so ever can provide cost advantage with skillled labour and we already have China,Ireland,Russia emerging as competitors.

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