IT Boom in India: Some views
By moinakg on Dec 31, 2007
Apart from this I completely agree with the author's points. In fact just see what our much vaunted and hyped IT industry is doing. BPO, Call center, Maintenance, Documentation, low-end Sustenance, Customer support form the vast bulk of the business. There is very little innovation in technology (with few exceptions as the author noted and a few MNCs). How many software products have come out of India ? What new technology have we created ? The Industry here has essentially created assembly line workers out of intelligent minds. There is no long-term technical career path and brilliant technical minds are clobbered into stagnation.
How long is this primarily services model going to work ? Costs and Salaries in India are increasing and services/outsourcing are increasingly going to move onto other cheaper shores like China or Czech republic etc. Unless we move up the Technology value chain, unless we innovate, unless we get world class products onto the marketplace I do not think the IT boom is going to sustain.