Home > Business > PTI > Report

BPO: 30mn jobs in India by 2020

November 18, 2003 16:34 IST

India has the potential to generate 30 million jobs on incremental basis in outsourcing business by 2020, Boston Consulting Group vice-president and director K James Abraham said in Kolkata on Tuesday.

"Right now less than one-third of Fortune companies were going for outsourcing and even less than one-twentyfourth of that was coming to India... So there is a huge potential for job creation from outsourcing in the country," Abraham told reporters while quoting a study conducted by the Planning Commission and the CEOs of leading companies.

However, Abraham cautioned that to achieve the target of 30 million jobs, India would have to reform its education system so that It has a pool of large number of engineers and other professionals

Reforms, he said were required to increase the number of seats not only at Indian Institutes of Technology and Indian Institutes of Management, but also at the regional engineering colleges.
Article Tools
Email this article
Print this article
Write us a letter



Related Stories


McKinsey No 1 employer: survey



People Who Read This Also Read


World Bank may ramp up BPO biz

'India, China set for big boom'

US laws may crimp BPO firms







© Copyright 2003 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.





Share your comments


 What do you think about the story?


Read what others have to say:

Number of User Comments: 4



Sub: BPO;30 MN JOBS BY 2020 IN INDIA

RESPECTED SIR, Kindly just like that do not give hype news .Major global giants are only in USA and other rich european countries.They have already ...


Posted by K.S.sundarraman



Sub: BPO daydreams

The claim thatIndia is likely to have 30 million BPO jobs by 2020 is patently bogus, because we have to account for two factors. 1 ...


Posted by Anand Rajadhyaksha



Sub: BPO - reforms needed

India is bound to emerge as a big "back office' for the world business. But is India ready to play that role - and play ...


Posted by P.L. Narasimhan



Sub: BPO jobs.

It sure will. However, we will face stiff competition from China and other countries.


Posted by Sagar


Disclaimer







Copyright © 2003 rediff.com India Limited. All Rights Reserved.