Bangalore - IT Parks & IT SEZs thread

[SSCaddict]

Originally Posted by dis.agree

and inspite of reading them for so many years, you haven't understood it?

why don't you look at some statistics then. look at how it companies have fared over the last 2 years. look at also the global it market and you would find that it has been growing at low single digits entire decade and has contracted last 2 years. and india has already captured a large part of global it in employment terms. another proof of pudding is to look at what market perceives. compare market cap of it companies 10 years ago and now. anyone who didn't sell technology stocks then would have done worse than keeping that money in a bank. there is no growth there & not much acquisition opportunities either and so we have started seeing global technology companies are giving away larger & larger part of their profits as dividends.

and for every large manufacturing investments, there are 10s/100s of other vendors & input service providers that provide much larger employments. companies such as nokia & foxconn all provide direct employments in 1000s and in very short period. just drive down to sriperumbudur near chennai and you would see the impact.

what a joke!!!

what manufacturing did to china IT will do to india
90,000 people will be hired this year in IT sector
since the domestic market drove the manufacturing growth in China
The whole government system will be done computerised... from the smallest department to biggest there are more than 95 lac people working under GOI.... there are many big programmes like UID etc.. till the next 20 yrs there will be robust growth in IT sector
as of now little over than 30 lac people are working and i am sure by 2020 you will see 80-90 lac people for that you will have to develop infrastructure for these private companies and their huge number of employees
also with africa developing there are large scopes of indian IT companies to develop their IT infra in Africa...

[dis.agree]

Originally Posted by SSCaddict

what a joke!!!

what manufacturing did to china IT will do to india
90,000 people will be hired this year in IT sector
since the domestic market drove the manufacturing growth in China
The whole government system will be done computerised... from the smallest department to biggest there are more than 95 lac people working under GOI.... there are many big programmes like UID etc.. till the next 20 yrs there will be robust growth in IT sector
as of now little over than 30 lac people are working and i am sure by 2020 you will see 80-90 lac people for that you will have to develop infrastructure for these private companies and their huge number of employees
also with africa developing there are large scopes of indian IT companies to develop their IT infra in Africa...

globally there are only about 5 million people working in software products & services companies contributing about $500 billion dollars.

if you include hardware & telecom it is about 2 trillion dollars.

i don't know what you read to get your statistics. i suggest you read gartner/amr research or similar reports.

[arunpr]

Originally Posted by dis.agree

globally there are only about 5 million people working in software products & services companies contributing about $500 billion dollars.

if you include hardware & telecom it is about 2 trillion dollars.

i don't know what you read to get your statistics. i suggest you read gartner/amr research or similar reports.

Well said.

http://beta.thehindu.com/opinion/col...icle442421.ece
Go through this article to get more idea about the contribution of IT sector.

Contribution of IT services to Indian gdp is around 3.4%. But the employment generation from this sector is less its only .2%. if you see agriculture, the gdp contribution is 60%, but the employment ratio is 50%

In nutshell, the employees of IT sector are made fool, either they are made to work too hard or some thing else which is complex story that is yet to be fully understood.

Employement generation is not at all comparable to the GDP. Only companies & some politcians & real estate mafias are getting windfall profits & the sector never helped thhe majority of poor people in the country.

"Typical example is the IT sector, the contribution of which to employment does not compare with its role in the generation of income and foreign exchange. Going by NSS figures, employment in Computer related activities (Category 72 of National Industrial Classification 2004) which increased from 314 million in 1999-00 to 963 million in 2004-05, accounted for 0.2 per cent of the work force. If we consider categories 65 to 74 which covers all business services including Financial intermediation, and Real estate, renting and business activities, the share of employment in that sector is just 1.7 per cent.
"

[dis.agree]

Originally Posted by arunpr

Well said.

http://beta.thehindu.com/opinion/col...icle442421.ece
Go through this article to get more idea about the contribution of IT sector.

Contribution of IT services to Indian gdp is around 3.4%. But the employment generation from this sector is less its only .2%. if you see agriculture, the gdp contribution is 60%, but the employment ratio is 50%

In nutshell, the employees of IT sector are made fool, either they are made to work too hard or some thing else which is complex story that is yet to be fully understood.

Employement generation is not at all comparable to the GDP. Only companies & some politcians & real estate mafias are getting windfall profits & the sector never helped thhe majority of poor people in the country.

"Typical example is the IT sector, the contribution of which to employment does not compare with its role in the generation of income and foreign exchange. Going by NSS figures, employment in Computer related activities (Category 72 of National Industrial Classification 2004) which increased from 314 million in 1999-00 to 963 million in 2004-05, accounted for 0.2 per cent of the work force. If we consider categories 65 to 74 which covers all business services including Financial intermediation, and Real estate, renting and business activities, the share of employment in that sector is just 1.7 per cent.
"

is it so hard to understand that everyone cannot be paid the same irrespective of their services? some are high paying jobs & others are low. as simple as that. software jobs are much higher paying and so their contribution to gdp/employee is much higher than averages. and you cannot have everyone doing software. soon we would have oversupply of people for software jobs and this will ensure salary levels would plateau or even fall. but this is something markets will do and you don't need government & other crooks to get involved.

you are just another communist hell bent on ensuring india becomes poorer than what it already is.

[arunpr]

Originally Posted by dis.agree

is it so hard to understand that everyone cannot be paid the same irrespective of their services? some are high paying jobs & others are low. as simple as that. software jobs are much higher paying and so their contribution to gdp/employee is much higher than averages. and you cannot have everyone doing software. soon we would have oversupply of people for software jobs and this will ensure salary levels would plateau or even fall. but this is something markets will do and you don't need government & other crooks to get involved.

you are just another communist hell bent on ensuring india becomes poorer than what it already is.

Who told you that software employees are highly paid? Highly paid employees are in the financial/banking sector, after that media comes and 3rd sector is services/software. Software sector is not the highly paid sector. Where did u get this nonsense info ?

This is wrong notion abt software that it is highly paid.

A 2 year experienced IT engineering graduate will get 4 or 5 lakhs(Maximum) in an IT company. But a 2 year software exp guy will get 8.5 lakhs in public sector company like HPCL !!! Only few companies like yahoo pays this much salary in IT sector. But number is very less. Most of the companies like Wipro/Infy/TCS pays around 25K for engineering graduates. DRDO/BSNL pays better salary that many IT companies ....

[dis.agree]

Originally Posted by arunpr

Who told you that software employees are highly paid? Highly paid employees are in the financial/banking sector, after that media comes and 3rd sector is services/software. Software sector is not the highly paid sector. Where did u get this nonsense info ?

This is wrong notion abt software that it is highly paid.

there is difference between highly paid and highest paid. and u yourself said software guys are highly paid. note that large part of it company revenues is salary.

Contribution of IT services to Indian gdp is around 3.4%. But the employment generation from this sector is less its only .2%.

[arunpr]

Originally Posted by dis.agree

there is difference between highly paid and highest paid. and u yourself said software guys are highly paid. note that large part of it company revenues is salary.

Software guys are not highly paid. Some management level people are only paid more in IT sector and their greediness causes all the issues in IT sector. Due to their inefficiency, lower level employees are suffering. Same is the case in many public sector companies also !!!!

Greediness of some management people in IT companies created most of the layoffs during recession !!!

Contribution to GDP is high due to the windfall profits of IT companies. Employees are not paid well in IT companies. Only directors of the companies are paid well !!!!

Companies like Tata Elxsi are paying the same salary for frshers for the last 8-10 years !!!! Wipro/Sasken was paying 25K around 7-8 years back also !!!

[SSCaddict]

Originally Posted by arunpr

Software guys are not highly paid. Some management level people are only paid more in IT sector and their greediness causes all the issues in IT sector. Due to their inefficiency, lower level employees are suffering. Same is the case in many public sector companies also !!!!

Greediness of some management people in IT companies created most of the layoffs during recession !!!

Contribution to GDP is high due to the windfall profits of IT companies. Employees are not paid well in IT companies. Only directors of the companies are paid well !!!!

Companies like Tata Elxsi are paying the same salary for frshers for the last 8-10 years !!!! Wipro/Sasken was paying 25K around 7-8 years back also !!!

actually i don't think so because the BPO employees in Gurgaon and noida get 10% hike in their salary every year which means that a person who is earning Rs 20,000 now will have its salary Rs 80,000 in 2017-2018

and the one thing i want to tell you that it is good that they are paying 25-30k to a beginner because they have to hire at least 11-20k people every year they can't afford to give such a big hike to everyone... and 10% is the best they can give also if anyone questions that they should not hire the large no. of people than dude you should know that there are more than 2lac graduates every year who pass out

more so i know that GDP contribution of IT sector is small but it has great amount of scope left in it... it will take at least another 15-20 yrs to get it saturated(today infosys numbers were out and it has 20% revenues growth)
there are more than 2million people working and by next 20 yrs you will see at least 9-10 million working in it... basically my initial point was that we need to create a great infra for the 1cr people that will be working in IT sector by 2040 and we should not argue against the IT SEZ's and IT corridors...

and pls note my words THE GROWTH IN IT SECTOR HAS JUST BEGIN!!!!

i have seen many people in delhi who were on the clutches of poverty but were taken out by the BPO sector and now are earning more than Rs 25k per month

[arunpr]

Originally Posted by SSCaddict

actually i don't think so because the BPO employees in Gurgaon and noida get 10% hike in their salary every year which means that a person who is earning Rs 20,000 now will have its salary Rs 80,000 in 2017-2018

and the one thing i want to tell you that it is good that they are paying 25-30k to a beginner because they have to hire at least 11-20k people every year they can't afford to give such a big hike to everyone... and 10% is the best they can give also if anyone questions that they should not hire the large no. of people than dude you should know that there are more than 2lac graduates every year who pass out

more so i know that GDP contribution of IT sector is small but it has great amount of scope left in it... it will take at least another 15-20 yrs to get it saturated(today infosys numbers were out and it has 20% revenues growth)
there are more than 2million people working and by next 20 yrs you will see at least 9-10 million working in it... basically my initial point was that we need to create a great infra for the 1cr people that will be working in IT sector by 2040 and we should not argue against the IT SEZ's and IT corridors...

and pls note my words THE GROWTH IN IT SECTOR HAS JUST BEGIN!!!!

i have seen many people in delhi who were on the clutches of poverty but were taken out by the BPO sector and now are earning more than Rs 25k per month

What I meant to say is that salaries of most of the companies are not much higher than other sectors inlcuding the government sector. Some people have a wrong notion of having a very high salary in IT sector.

Only few companies are paying higher salaries. When people talks about IT sector, they feel that all IT/BPO professionals are getting something big. It is not the truth. Compared to many other sectors, govt gave so many exemptions to IT sector and companies are taking the benefit. But the employment contribution is very less compared to agriculture. So IT cannot able to provide jobs to most of the poor people in the country.

Only middle class/rich community got the benefits of IT sector. I have never seen a single guy in IT sector from poor family !!! It is very difficult to find such a person. So govt should not give unnecessary exemptions and waste tax payers money. Initially exemptions helped as it helped the growth of IT. Now the market is more matured & many companies are unncessary taking the advantages. Govt should give exemptions only to the start up companies and big companies should pay the taxes properly. Even Narayana Murthy expressed the same during an interview. But our govts intention is make rich people more richer. So people like Chidambaram was keep on extending STPI benefits for big companies !!!! It will not do any help for the poor people in the country.

As the US senator said, most the service based companies are chop shops !!!! Its true. Govt should not give exemptions to this chop shops. Instead of that govt should give exemptions to people who do some creative work & encourage entrepreneurship in india. Otherwise IT sector companies in India will be like a chop shop & India will loose the most of the engineering graduates. Due to these issues in IT sector, young IT professionals are leaving the country & going to overseas for job & higher studies. So India need more creative work & that only will help Bangalore also to become the Silcon Valley of India !!!! Also govt should encourage more and more foreign companies to start operations in India. Now some service based companies are using the foreign companies to make windfall profits !!!! Instead of that, they should get easy access to our market(Not thru Indian service companies - They are actually acting as a BROKER) & that will surely help to create more jobs in IT sector !!!

[dis.agree]

Originally Posted by arunpr

What I meant to say is that salaries of most of the companies are not much higher than other sectors inlcuding the government sector. Some people have a wrong notion of having a very high salary in IT sector.

Only few companies are paying higher salaries. When people talks about IT sector, they feel that all IT/BPO professionals are getting something big. It is not the truth. Compared to many other sectors, govt gave so many exemptions to IT sector and companies are taking the benefit. But the employment contribution is very less compared to agriculture. So IT cannot able to provide jobs to most of the poor people in the country.

Only middle class/rich community got the benefits of IT sector. I have never seen a single guy in IT sector from poor family !!! It is very difficult to find such a person. So govt should not give unnecessary exemptions and waste tax payers money. Initially exemptions helped as it helped the growth of IT. Now the market is more matured & many companies are unncessary taking the advantages. Govt should give exemptions only to the start up companies and big companies should pay the taxes properly. Even Narayana Murthy expressed the same during an interview. But our govts intention is make rich people more richer. So people like Chidambaram was keep on extending STPI benefits for big companies !!!! It will not do any help for the poor people in the country.

i have never seen so much non-sense written by anyone else.

even in this post so many contradictions. you say, only middle class/richer community benefited by it sector and that you have never seen a single guy from poor family. and then you said, it sector does not pay well. so how did they benefit? and if it sector does not pay well, you are implying that people are fools chasing that industry. and if that is all true, i don't understand what exactly is your concern is. as per you, it is a small fraction of people who are employed in indian economy.

from your posts here & other forums, it seems like you are a union leader/aspirant, who is frustrated at attempts at not being able to unionize software sector. reason is people are not fools to believe the crap you are writing that software sector is not well paying. evey middle class person knows & sees it when he receives his first month salary and in most cases higher than the salary his father makes after decades of service.

[arunpr]

Originally Posted by dis.agree

i have never seen so much non-sense written by anyone else.

even in this post so many contradictions. you say, only middle class/richer community benefited by it sector and that you have never seen a single guy from poor family. and then you said, it sector does not pay well. so how did they benefit? and if it sector does not pay well, you are implying that people are fools chasing that industry. and if that is all true, i don't understand what exactly is your concern is. as per you, it is a small fraction of people who are employed in indian economy.

from your posts here & other forums, it seems like you are a union leader/aspirant, who is frustrated at attempts at not being able to unionize software sector. reason is people are not fools to believe the crap you are writing that software sector is not well paying. evey middle class person knows & sees it when he receives his first month salary and in most cases higher than the salary his father makes after decades of service.

Who told you people are badly behind the IT sector jobs ?? If that is true, why companies are finding it diffcult to find the right talent ???

Around 50% people(From Good engineering colleges) who got offer in IT companies are not joining at all. Some fraud self financing engineering colleges are creating lakhs of junk engineers & they only join the IT companies. Most of the graduates from good engineering colleges prefer doing MBA/MS/Other higher studies. If IT services sector is so attractive, then nobody wud have gone for higher studies.

You check with people who are working in India service companies, whether they really need engineering graduates for the work. Thats the reason why companies started recruiting BSc graduates !!!

Also it is not at all possible to form a union in IT sector as it employs most of the cream people in the country. Family background is strong for the IT professionals & most of them are not at all worred abt the job. Thats why people falied to form union also !!!! So u dont need to worry much abt union. It will never happen in IT sector !!!

[dis.agree]

Originally Posted by arunpr

Who told you people are badly behind the IT sector jobs ?? If that is true, why companies are finding it diffcult to find the right talent ???

Around 50% people(From Good engineering colleges) who got offer in IT companies are not joining at all. Some fraud self financing engineering colleges are creating lakhs of junk engineers & they only join the IT companies. Most of the graduates from good engineering colleges prefer doing MBA/MS/Other higher studies. If IT services sector is so attractive, then nobody wud have gone for higher studies.

You check with people who are working in India service companies, whether they really need engineering graduates for the work. Thats the reason why companies started recruiting BSc graduates !!!

Also it is not at all possible to form a union in IT sector as it employs most of the cream people in the country. Family background is strong for the IT professionals & most of them are not at all worred abt the job. Thats why people falied to form union also !!!! So u dont need to worry much abt union. It will never happen in IT sector !!!

again a bundle of contradictions. you say junk engineers from fraud colleges are joining it and then you say they are not being paid well.

what is your point dude? why do you care about such engineers and companies recruiting them.


i don't know what is source for 50%, but if it were true it is because software companies compete with each other to attract best talents. and if not all of them joined them, they would have joined another software company. reason why it companies are recruiting bsc grads, is because there aren't many qualified engineers and they are in many cases better than engineers from richer families who can afford to get their degrees from self financing colleges.

software sector is highly competitive. govt, private sector & mnc's all can start operations here. i am sure there were software companies that paid their employees poorly, possibly even taking money from them. nothing wrong with that. reasonably qualified engineers employees are free to not join them or get trained there and move elsewhere.

[robin_a_p]

isn't the discussion here completely off topic?

[gentem]

very much yes. quote message from here to discussions thread if anybody wants to continue.

[SSCaddict]

see as far as i know the Govt. did excellent job by providing tax exemption through SEZ 2005 act and we have seen more than 2lac crore exports from SEZ in 2009 even after recession and it created millions of direct and indirect jobs... and now when govt. knew that it has succedded in his goal they have decided to curb tax exemption from SEZ from 2012

click

[kavi77]

I heard a lot of talk about Green IT...but how about Green Buildings. Any info on this?

[gentem]

Originally Posted by SSCaddict

see as far as i know the Govt. did excellent job by providing tax exemption through SEZ 2005 act and we have seen more than 2lac crore exports from SEZ in 2009 even after recession and it created millions of direct and indirect jobs... and now when govt. knew that it has succedded in his goal they have decided to curb tax exemption from SEZ from 2012

click

highest employment providers in india is tcs followed by ibm infy wipro. where is reliance? also IT gives a career than a job

[SSCaddict]

Originally Posted by gentem

highest employment providers in india is tcs followed by ibm infy wipro. where is reliance? also IT gives a career than a job

i think highest IT employer will be more appropriate

and i think reliance will now not enter the IT sector though it may buy a stake in any of the big MNC's

[arunpr]

Originally Posted by dis.agree

again a bundle of contradictions. you say junk engineers from fraud colleges are joining it and then you say they are not being paid well.

what is your point dude? why do you care about such engineers and companies recruiting them.

You dont care as you might be one among them !!!! This kind of attitude(Whatever happens to others or for the country), I should get money & job !!! THis is the real cause for all kind of corruptions !!!

Indian tax payers need to care abt such companies & engineers as these companies are eating the crores of tax exemption by the govt. People of India are not paying tax to give it this way to fraud business men & the people who supports them.

But these lobby is so strong. Lobby consists of some fraud politicians who runs these colleges & the companies who are running with the help of these politcians.


http://www.livemint.com/2010/10/1320...-nati.html?h=B

Read this ... See what is the real result !!!

In the name of development, some people are eating the entire revenue of the country !!!

"According to the latest index, 22% of the Indian population is undernourished, while the proportion of underweight children in the age group below five years is an eye-popping 43.5%. What is worse is that between 1990-92 and 2004-06, the percentage of the undernourished has come down by a mere 2 percentage points, from 24% to 22%. And this has happened over a period in which economic growth has been far higher than earlier. What’s more, it has happened in a democracy. "

Read this too ..

Forget China, which has done much better over the period. Look at Bangladesh, whose proportion of undernourished has fallen from 36% to 26% over the same period. Or consider dirt poor Nepal, which has managed to reduce undernourishment from 21% to 16%. Or Sri Lanka, which reduced it from 27% to 21% over the period, in spite of being plagued with a civil war. None of these countries had the kind of economic growth we’ve had, none of them have had glowing tributes paid to them as an emerging engine of growth for the world economy. Yet they’ve done more to care for their people than we have.

Present Central govt & many state govts care only abt business men, real estate mafias, politicians etc. They dont care abt the poor people. So entire tax payers money is going into the pockets of business men & politicians !! Some people are calling this phenomenon as development as they are also getting a small share of it !!!!

[gentem]

Originally Posted by SSCaddict

i think highest IT employer will be more appropriate

and i think reliance will now not enter the IT sector though it may buy a stake in any of the big MNC's

wrong. they are overall highest. reliance group all together less employees.