CareerChange
New member
- May 31, 2007
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batterinram Wrote:
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> Adding to my previous post, IITs were the single
> most important factor in transforming India’s
> economy from an agrarian one to something that was
> driven by IT services. People who passed out of
> IITs started companies (some of them are billion
> dollar companies) in India and in silicon valley.
> They created wealth and employment and transformed
> an economy. Yes they did not win nobel prizes, but
> made a difference to lives of people, which I
> think is just as impressive.
This is only partially true. Most of the IT Companies and it’s work force are represented by non-IIT and non-IIM alumni. TCS would have existed without IITs, so would have Wipro, Satyam and a host of other companies. Infosys had 2 of it’s founders from IIT but the rest (4) were non-IITians.
Indian IT services exists because of availability of a large number low-pay, low experience, computer savvy workers, who are willing to toil away their days and nights.
——————————————————-
> Adding to my previous post, IITs were the single
> most important factor in transforming India’s
> economy from an agrarian one to something that was
> driven by IT services. People who passed out of
> IITs started companies (some of them are billion
> dollar companies) in India and in silicon valley.
> They created wealth and employment and transformed
> an economy. Yes they did not win nobel prizes, but
> made a difference to lives of people, which I
> think is just as impressive.
This is only partially true. Most of the IT Companies and it’s work force are represented by non-IIT and non-IIM alumni. TCS would have existed without IITs, so would have Wipro, Satyam and a host of other companies. Infosys had 2 of it’s founders from IIT but the rest (4) were non-IITians.
Indian IT services exists because of availability of a large number low-pay, low experience, computer savvy workers, who are willing to toil away their days and nights.