Information Madness

This is true in current Indian job market. When I was in college there were lot of computer classes and almost everyone were doing something related to computers. That was like a trend. If you ask anybody what are you doing? The answer would be "Computers". My dad used to joke about that and used to say everyone wants to do computers. But little did we know that that was India's future.

India is right now the software giant and biggest destination for world's outsourcing jobs. We used to have brain drain till 90's but now we are seeing reverse brain drain. Lot of top notch people from IT field all around the world are now coming back to their home country to do something big. We are seeing lot of startups and new products that will probably change India.

According to Rediff, 675 companies created 209,142 jobs in 2006-07. Of this, 121,275 were by software companies. Private sector actually created 232,180 new jobs. Comparative data for the previous year is available only for 475 companies, which increased their headcount by 157,422 in 2006-07.

The software sector is on course to surpass itself this financial year. The Big Five in the sector - TCS , Wipro , Infosys , Satyam  Computer and HCL Technologies  - added 63,400 employees in the first half of 2007-08 compared with 70,000 in the whole of 2006-07.

So are you in? Planning to change your field?