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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.

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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




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