Indian IT services ..Booming or "Boom" ing
Guess the number of people the Indian IT services companies are going to recruit in this fiscal...I DONT KNOW :)... Actually they are going to recruit around 50,000 to 100,000 people in this fiscal year.
And if one looks at the profits of this sector... mind blowing would be a word undermining their performance. A quarter on quarter icnrease of around 45 % even for the companies whose revenues have already crossed the 1 billion $ mark.
So, what should stop me from saying that the sector is growing.
But, should growth be only short liven or should be a sustained one. Though the growth rate has to be maintained at every step, I understand that the short term growth rate can be compromised, but never the long run growth rate.
But, is our industry implementing the same principle. Are all the new companies that are budding, the ones which can make a change in the whole product range, or they only add more to the existing lineup.
History itself shows that only people/companies which have implemented a radical thought process, or to say the companies which have invested in bringing more changes into the market are the ones which have sustained. Most of the biggies today were trendsetters and hence were able to reach their positions.
But, are we in the same league? Do we even dare to think different? If not will we still be able to conquer the world?
We got independence in 1947, a physical independence. But, as what I see, if the same trend continues, our growth rate in IT services sector is going to cease, and the days of DEPENDENCE will be a nightmare turned reality sooner or later!
And if one looks at the profits of this sector... mind blowing would be a word undermining their performance. A quarter on quarter icnrease of around 45 % even for the companies whose revenues have already crossed the 1 billion $ mark.
So, what should stop me from saying that the sector is growing.
But, should growth be only short liven or should be a sustained one. Though the growth rate has to be maintained at every step, I understand that the short term growth rate can be compromised, but never the long run growth rate.
But, is our industry implementing the same principle. Are all the new companies that are budding, the ones which can make a change in the whole product range, or they only add more to the existing lineup.
History itself shows that only people/companies which have implemented a radical thought process, or to say the companies which have invested in bringing more changes into the market are the ones which have sustained. Most of the biggies today were trendsetters and hence were able to reach their positions.
But, are we in the same league? Do we even dare to think different? If not will we still be able to conquer the world?
We got independence in 1947, a physical independence. But, as what I see, if the same trend continues, our growth rate in IT services sector is going to cease, and the days of DEPENDENCE will be a nightmare turned reality sooner or later!
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