Global MNCs Have More Employee Presence in India than Home Nations
Taking about the emergence of India as a tech powerhouse, Aruna Jayanthi, CEO of Capgemini India says, "No other place can scale up as India can", reports TOI. India churns out 5 lakh engineers every year, and the percentages of those who are employable are staggering. India's track record for producing some of the finest talent in the software industry and fact that most recent grads are sufficiently comfortable in English makes it an ideal destination to tap raw-talent.
And she added that, "We have no problem getting talent. There is a surplus at the entry level and salaries at this level have stabilized. So for the foreseeable future, India will be our key centre of delivery. In fact, all our freshers from around the world come here for 6-8 weeks of training".
In the words of Siddharth Pai, partner and president in outsourcing advisory firm ISG Asia Pacific, “The demand for a specialized skill that’s available in plenty here compared to that in other countries have made India play the global delivery game. Companies competing for specialized skills will ramp up their headcount in India. Leadership skills will also come out of here and India will find its place in the global leadership league".
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