Skills shortage prompts innovation

Headline: Skills shortage prompts innovation Source: EuromoneyDate: May 2001 The strategic resource that Indian IT companies rely on to grow at the recent cracking rate of 50% a year is the country’s pool of 340,000 technical professionals. Yet, if a recent study by consultants McKinsey is to be believed, that pool is not growing fast […]

Headline: Skills shortage prompts innovation
Source: Euromoney
Date: May 2001

The strategic resource that Indian IT companies rely on to grow at the recent cracking rate of 50% a year is the country’s pool of 340,000 technical professionals. Yet, if a recent study by consultants McKinsey is to be believed, that pool is not growing fast enough. As more professionals are lured overseas, Indian companies might find themselves faced by a shortage of human resources that could limit growth.



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