This came out clearly during the power panel discussion on the Day-3 of TiE Summit. The panel was addressed by Marketing analyst Rama Bijapurkar; Kris Gopalakrishnan, CEO & Managing Director, Infosys Technologies; Shekhar Gupta, Group CEO, Indian Express Group and Russell Parera, CEO, KPMG India.
Said Russell Parera, While infrastructure development is a big challenge, Indias biggest challenge is providing quality education to the masses. Unless we do that, there will be a huge crisis of skilled people to power the Indian industry. He added, We in India only take bold steps when there is a crisis. The financial sector reform is a good example. Such crisis has now arrived. India needs an education reform.
Kris Gopalakrishnan echoed the sentiments when he said, IT industry has been able to grow because it took up the cause of training and education and played an active role. Infosys works with close to 400 engineering institutes and provides direct inputs.
Highlighting the role of IT sector in job creating, Gopalakrishnan said, IT industry in India provides 16 lakh well paying jobs today. And our recruitments are growing at 25 % every year. Also, according to research, one new job in IT sector provides 5 new jobs in related sectors.
Earlier, setting the tone of the discussion, Rama Bijapurkar said, People make a nation, not its GDP or exports. India is a unique country that is collectively rich but individually poor. 60 % of Indian population at the bottom-of-pyramid earns 33 % of national income.
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This came out clearly during the power panel discussion on the Day-3 of TiE Summit. The panel was addressed by Marketing analyst Rama Bijapurkar; Kris Gopalakrishnan, CEO & Managing Director, Infosys Technologies; Shekhar Gupta, Group CEO, Indian Express Group and Russell Parera, CEO, KPMG India.
Said Russell Parera, While infrastructure development is a big challenge, Indias biggest challenge is providing quality education to the masses. Unless we do that, there will be a huge crisis of skilled people to power the Indian industry. He added, We in India only take bold steps when there is a crisis. The financial sector reform is a good example. Such crisis has now arrived. India needs an education reform.
Kris Gopalakrishnan echoed the sentiments when he said, IT industry has been able to grow because it took up the cause of training and education and played an active role. Infosys works with close to 400 engineering institutes and provides direct inputs.
Highlighting the role of IT sector in job creating, Gopalakrishnan said, IT industry in India provides 16 lakh well paying jobs today. And our recruitments are growing at 25 % every year. Also, according to research, one new job in IT sector provides 5 new jobs in related sectors.
Earlier, setting the tone of the discussion, Rama Bijapurkar said, People make a nation, not its GDP or exports. India is a unique country that is collectively rich but individually poor. 60 % of Indian population at the bottom-of-pyramid earns 33 % of national income.
| Check Top MBA Colleges in India by Cities | | |
| Also Read Important Articles on MBA Admission | ||
| Top MBA Colleges in India | MBA Admission | MBA Entrance Exam |
| MBA Placements | MBA Ranking In India | GD Topics |
While there are many challenges that India will face in its rise as a key global force, relevant education, that provides skills and equips Indians and provides resources for the industry, will be a key challenge.