- Improving the skills of Indian information technology.
The popularity of automation will impact and change traditional back-end services. But India is working hard to get employees to learn new skills and strengthen its position as the world’s largest information technology (IT) outsourcing service provider.
Many Indian companies are currently training employees in digital skills such as cloud computing, machine learning and data analysis. They are re-planning, hoping that India’s information technology (IT) industry can become a gathering place for global big data solutions. At the same time, India’s information technology (IT) talents are also keen to upgrade their skills, keeping pace with industry changes.
With the widespread use of automation across the globe, the Indian team develops new skills for the digital age, allowing foreign companies to actively prepare for the increasingly digital work needs.
However, for traditional information technology (IT) companies, there are many factors that need to be considered practically. Large information technology (IT) companies need to transition to new technologies and layoffs, which affects the salary threshold for non-professional talents. Companies will use lower salaries to hire talents with only basic skills.
Bangalore has more information technology (IT) talent than Gurgaon and the surrounding National Capital Region (NCR). Bangalore also provides a more competitive labor market for companies that need IT talent, especially those who are less well-known. On the other hand, Gurgaon is also an area that companies that need IT talent can consider, but they don't have enough resources to compete with larger multinational companies.
- New telecommunications policy
On August 1, 1999, the Indian government also implemented a new telecommunications policy, which allows private enterprises to operate FM broadcasting services, lower the international Internet charging standards, and change the payment methods of private telecommunications companies. The telephone company under the Ministry of Telecommunications will transfer 1900 10,000 shares, thereby reducing the government's shares from 56% to 51%. Affected by the new policy, India's FM radio channels have increased by 150 in the past two years. The payment method for private companies engaged in telecommunications business will change from the current system of paying fees based on licenses to a system of sharing profits with the government. The original approach was that a private telecommunications company must pay the government a fixed amount of monthly fees, regardless of whether or not it is profitable. Due to the high amount, many companies are in arrears for a variety of reasons. It is estimated that under the new regulations, private telecommunications companies will reduce their payments by half. India allows a telecommunications company to operate multiple businesses, and some businesses allow multiple operators to compete, with restrictions on foreign holdings. The private operator must be an India-registered company with a foreign equity not exceeding 25%. To encourage competition, the government will fully open long-distance telephone services starting August 15th (India's Independence Day) this year, allowing private operators to operate the long-distance telephone industry. In addition, the government will fully open submarine cable connections to private Internet providers, allowing them to set up landing stations in cooperation with International Telecommunications Corporation anywhere in India.
· Promoting an information-based network revolution. Since the Internet officially entered commercial use in India in 1995, Internet users have grown exponentially in India at an alarming rate. According to statistics from the International Data Corporation, by the end of 1998, there were only 170,000 Internet users in India, and by the end of 1999, the number had risen to 955,000, and by now India's Internet users have exceeded 1 million. According to International Data Corporation estimates, by 2004, India's Internet users will reach 17.2 million. With the rapid development of the Internet, various websites have sprung up in India like mushrooms. According to statistics from the world's largest online domain name registration company, a web application company headquartered in the United States, India registered only 23,000 domain names with this company in 1998, which has soared to 84,000 in 1999 and has now reached 100,000. Each. That is to say, on average, 246 Internet companies appear in India every day, and an average of 10 Internet companies appear every hour.
· Concluding remarks
From Japan to the “Four Little Dragons”, the take-off of the economies of Asian countries in the past mainly depended on exports (a large part of which were labor-intensive products). In the new historical period, India’s reliance on high technology to promote economic take-off may be the first country to rely on the information technology industry to drive economic growth. It will open a new development path for emerging developing countries. More importantly, the information technology industry can succeed in poor conditions at roads, airports, and container terminals, as Grady Meins, director of the Strategic Practices Lab at Price water house Coopers Global, said: “No The need to invest huge amounts of capital in everything can thrive the information technology service industry.