Tata Consultancy Services [Get Quote] (TCS) CEO and Managing Director S Ramadorai said that the company would hire computer science PhD students who have graduated from any Indian Institute of Technology (IIT) in the country without any interviews for the next five years. He was speaking at the Tata group CEOs panel discussion at the Pan IIT Global Conference 2008, being organised at IIT-Madras.
This would encourage students to pursue PhDs and take up research in computer science and encourage other companies to follow TCS, he said.
Meanwhile, management guru C K Prahalad, in his special address, said over the next 15 years, India can produce nearly 200 million college graduates and 500 million professionals across all professions in the country.
The country can contribute to 10 per cent of global trade and there should be at least 30 per cent of Fortune 100 companies from India.
"The country should be a laboratory of thinking and innovation" and should create at least 10 Nobel Prize winners in Science and Arts, he added.
Commenting on the global financial crisis he said it is an opportunity for India to become stronger, vital and a more vibrant economy.
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