Friday, December 23, 2005

Fulfilling India’s promise

on McKinsey Quarterly

This is a study by McKinsey Global Institute. I am attending a Workshop by McKinsey today on this subject.

Ensuring India's Offshoring Future, is a study of particular interest.

The obeservations and conclusions are mostly obvious, but the article gives a good summary of the issues at hand:

The quality of engineers/graduates is not that great after all. Only 25% are employable by MNCs. So concentrate on improving the quality of graduates.

Infra is not great. Unless something is done quickly, MNCs are going to look at other countries.

Develop value chains around hotspots as a strategic move to prevent companies from moving to other countries offering cheaper labor.

Move up the value chain and do stuff like R&D.

2 comments:

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Krishna Ram Kuttuva Jeyaram said...

hmm, 100% agree with the poor infra and less concentration on R &D.

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