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last update Tuesday, February 07, 2006 |
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New Collaboration Platform For More Effective
Indo-Euro Business Relations
While many speaking of "old Europe" rather address recent economic down-swings in larger European countries, others see businesses thriving and new ventures succeed.
Global players like BMW, Bosch, Microsoft, SAP and many others have announced substantial growth plans for their India operations. India IT industry has hired approximately 70,000 new employees, this number foreseen to hike to about 100,000 this year. Growth is expected to remain very healthy, and thus the first sceptics show up stating there may not be enough qualified personel to meet staff demands in IT and engineering industry sectors.
Experts scarcity in engineering, a current issue in Germany, at least, could be eased be some of over 200,000 new engineering graduates annually in India. The potential is way beyond a mere staff increase: India professionals have developed top expert standards and are recognized as leading minds in IT and engineering globally. NOT utilizing these potentials will leaves these experts at no choice, working for stiff competition to European firms.
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