The Hindu : Andhra Pradesh News : ‘Decline in IT exports temporary’

Online edition of India's National Newspaper
Sunday, Sep 21, 2008
ePaper | Mobile/PDA Version

Andhra Pradesh

Andhra Pradesh

‘Decline in IT exports temporary’

Staff Reporter

VISAKHAPATNAM: The Indian IT Sector is not totally dependent on foreign market and that’s a reassuring factor for our students seeking careers in IT and ITES, said the Chairman of Andhra Pradesh State Council of Higher Education K.C. Reddy.

At a Jawahar Knowledge Centres (JKC) Students’ Meet organised jointly by the Hyderabad Software Exporters Association (HYSEA) and Vizag Information Technology Association (VITA) in association with the Institute of Electronic Governance (IEG) and JKC and Rajiv Udyogsri here on Saturday, he said that though the slowdown in the global economy and the US stock market has had an impact on the Indian IT sector the reduction in the dependence on global market by our IT companies has greatly helped us.

Mr. Reddy told the students that they shouldn’t be unduly worried by the decline in IT exports.

India continued to be the leader in IT and BPO sector and contributes to 28 per cent share to the global talent pool in these two sectors. He reminded them that today India’s economy was driven more by the service sector than agriculture.

The services sector includes: retail management, hospitality, tourism and many other areas and they require the services of IT professionals. This would create tremendous job potential.

He said that India has the advantage of developing quality urban infrastructure. Local bodies should address the challenge of urban infrastructure.

He felt there would be colossal waste of human resources if it took two to three hours to reach the place of work. The greatest advantage for India was its demographic divide. Vice-Chancellor of Jawaharlal Nehru Technological University (Kakinada) Allam Appa Rao described IT as “India’s Talent” and said there was no dearth of talent or opportunities for Indian IT students. He recalled that during the 2003-04 “.com” burst many predicted it as the end of IT but again there was a boom in the IT sector after a couple of years.

VITA president Bulusu Muralimanohara Rao said that there were both challenges and opportunities in the IT sector.

He felt that the right aptitude was important for a successful career.

Regional Information Technology Officer Raja Bangari, CEO of Symbiosis Technologies O. Naresh Kumar, B. Krishna Murthy of HYSEA, IEG representatives Amarnath Reddy and M. Chandrasekhar were among those who spoke.

Printer friendly page
Send this article to Friends by E-Mail

Andhra Pradesh