IT Industry to grow in 2015 due to open-doors to Indo-United States Trade 2015

IT sector in India is on a boon, all owing to the biggest market the US for India over hundred billion IT and ITES industry. It contributes significantly towards generation of lakhs of jobs in the IT sector. Off lately, in a visit to India US President Barack Obama met all the big heads of Indian IT sector, who represents India incorporated to the global leaders.         

India is emerging as one of the global leaders for IT services and demand of IT workers is in the market is growing more than ever. IT industry holds a highly preferred future and estimation shows 25 percent contribution to the total domestic exports in the economy. Indo-US trade is very pertinent for the overall growth of the economy. Needless to say, the Indian companies get a lot of business from US. In turn, the UD based companies benefit from the lower costs and gain access to high intellectual capital this enables them to concentrate on their core competencies.  

Indian companies are however, rising up the value chain by increasing their quality. They initially used to provide less expensive technical support functions and fixed software issues, off lately they have started developing advance technologies and optimize financial transactions. The companies within the nation also require a huge pool of qualified and skilled professionals in this process. IT professionals and aspirants hence require enhancing their technical skills and credentials. IT training and certification programs from Authorized IT training providers are the most important step to begin your IT career. As the big IT companies prefer to hire skilled professionals those who are job-ready.

Additionally, it is interesting to observe that Indian organizations are expanding their US presence for their on-shore endeavors. There are many organizations that have come-up, those who have set-up their sales and marketing office overseas in various cities in US. In order to cater the needs of the sector, many IT training and certification provider those who are providing Authorized IT trainings in various technologies such as – ethical hacking, virtualizations, networking, software development, databases and  more, have come-up.

Some survey results

Over the last few years, IT -ITES sector have started picking-up in terms of generation of IT related jobs. The IT biggies such as Infosys has hired 2000 employees, TCS has hired 1600 in 2013-14 and plans to move ahead to 2000 jobs in 2014-2015. The IT industry has increased its mergers and acquisitions with US based companies (according to a study done by EY). Moreover, it is considered that US is continued to be the favourite destination for Indian IT-BPO players.

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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