IT sector and Kerala

If you are a B.Tech IT pass out student, people might be asking you that lots of engineers are getting passed out to the IT field, how come you get a good job? Tired of hearing this
friends? Not anymore,  the answer for that is here! With the emerging trends in the IT sector due to the entrance of Smart City in Kerala and more Infoparks to be established
in various parts of the state, it is obvious that getting an IT job is quite easy because these
centres need lots of employees, not just employees, to be specific IT engineers, !
And guess what? Our government is also going to bridge the Government to Citizen gap
by implementing new technological ideologies so that our state can become the leading
IT destination in the country! Now this is something that’s going to be beneficial for the
government when election comes.
This can also help in bringing development to the
rural areas in a faster rate. Besides these, the IT sectors also provide amenities to the
employees like for instance, if you and your husband/wife work in the same IT company
then you get a house provided by the company for free. Now that’s something interesting
right? Although it’s a tactic of the company to cling the couple to the company, it is also
beneficial for the couple. So if you are an IT employee and you are feeling of getting
out dated, don’t you worry because the entire state is switching and depending on the IT
sector.

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IT industry bracing up for new challenges and opportunities

Bangalore: Indian IT industry might need to shore up local presence to serve clients to overcome the anti-offshoring wave, but as of now the low cost of services provided by it is its only key advantage, Infosys CEO and MD Kris Gopalakrishnan. The anti-shoring wave would be a challenge and could be dealt with by addressing it from the outside and by adapting internally, through innovation.

Increasing local presence could also be one of the solutions, he said at the Knowlege Summit organised by the All India Management Association. On whether India would retain the cost advantage, he said: "Cost is only one of the advantage we provide".

Much would depend on flexibility to scale up and down and use resources in times where contract cycles are of shorter duration." More than half of Indian IT industry''s revenue comes from offshore work, but off-late stiff resistance has been building up in the US to shipping out American jobs.

The IT and ITeS accounts for around 10 per cent of the country''s over USD 500 billion services sector. He said India would have to continue to provide the advantage of world class quality and talented resource, if it had to sustain the growth in the indutry.

"Focus on all the advantages we have. Cost could be a way to attract a company to test a model but to continue you have to have other advantagaes", he said.

Later talking to reporters, he said "client confidence was already lower in Europe than the US. Europe has been slower in recovery." He said the global IT budget for 2011 would range from being flat to slightly positive.

At the conference, Gopalakrishnan said the "industry will continue to be resilient and innovative." Cloud computing would enable small companies compete with big companies by enabling them leverage the infrastructure from the cloud, at lower cost and ensure greater reach to customers through the internet.

India would benefit from emergence of new competitiors. Existing companies will adopt to new competition, he said.

On the IT scenario, he said the industry was coming out of recession and results of two IT major companies was a positive indication. He said 50 per cent of new jobs in seven urban areas was directly or indirectly connected to the IT industry.

He said nearly 1.2 to 1.7 lakh new recruitments from colleges is expected to take place in 12 months with Infosys itself expected to take in 25,000 in the next 12 months.

Courtesy : siliconindia
URL: http://8bt.in/FW5ARv

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PSU banks to recruit 85,000 staff in next 3 years

New Delhi: Job seekers in the banking sector would have something to cheer about as public sector lenders are going to recruit around 85,000 people in the next three years to meet the manpower shortage.

"The PSBs have a tentative plan of recruitment of around 34,000 officers and 51,000 clerks during the next three years for 2010-13," the government said in a background paper for Economic Editors' Conference prepared by Finance Ministry.

The system of recruitment through Institute of Banking Personnel Selection (IBPS) will be transparent, speedier and cost effective, it said. The government also informed that it has been decided to entrust IBPS the responsibility to conduct the common recruitment examination for PSBs.

The IBPS, established in 1984, is an autonomous body engaged in recruitment of personnel and internal promotion in banks and financial institutions. During the year 2009-10, IBPS conducted test for around 60 lakh candidates at 125 centres across the country for recruitment in PSBs.

The Indian Banks' Association (IBA) had recommended to the government that a common recruitment programme in public sector banks should be conducted by the IBPS.

In order to professionalise the human resources of the state-run banks and align them with the new and ever changing requirements of the banking industry, the government had constituted a committee under the chairmanship of A K Khandelwal, former Chairman, Bank of Baroda .

The Committee presented its report to the government on June 30 this year, making a number of recommendations on the HR issues.

Courtesy : siliconindia
URL: http://8bt.in/AfIJ0d
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India likely to see 2.3 lakh new jobs

New Delhi: Six sectors, including healthcare and realty , are expected to create a whopping 2.3 lakh jobs in India in the last three months of 2010, according to global consultancy Ernst&Young.

Boosted by strong domestic economic recovery and improved global sentiment, most local industries are expected to increase their headcount in the coming months, E&Y said.

s many as 2.3 lakh jobs are estimated to be created in India in the fourth quarter of 2010 by six sectors, Ernst & Young's Partner, National Head and EMEIA Leader (People & Organisation) N S Rajan told PTI.

The six sectors are healthcare, real estate, IT/ITeS, education & training, manufacturing and Banking, Financial Services and Insurance (BFSI).

Among them, healthcare industry alone is projected to generate 60,000 jobs in fourth quarter of 2010, Rajan said.

Real estate and IT/ITes sector, each are expected to create 50,000 jobs.

Education & training industry is projected to generate 30,000 jobs. Manufacturing and BFSI sectors would each be churning out 20,000 jobs in the 2010 fourth quarter, E&Y said.

"This (robust healthcare) trend is expected to continue with a huge gap in demand and supply of healthcare services and increasing investment in the sector.

"Lifestyle changes, increasing rural penetration and various government schemes have ensured robust growth in this sector," Rajan noted.

Healthcare sector is estimated to have added 150,000 jobs in September quarter.

Pointing out that public sector companies are bullish on recruitment, he said that most of these large players are expected to increase hiring in the last three months of 2010.

"Similarly in public sector banks, expansion of existing branches and replacement of retired staff are driving significant increases in recruitment... Demand for talent across the public sector banks over the coming decade is estimated to rise to 500,000," he added.

The education market in the country, estimated to be worth USD 40 billion, is also expected to generate more employment opportunities.

Rajan said that a considerable demand for education and training is contributing significantly to job creation in the sector.


Courtesy : siliconindia
URL: http://8bt.in/0TPFtL
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Hiring forecast: India among top three nations

India among top three nations in Employers in India are planning to hire at a robust pace in the next three months and public administration, education and services sectors are expected to see strong recruitment trends, says a survey.

Globally, India is the most optimistic in terms of recruitment intentions for the fourth quarter, after China and Taiwan, according to staffing services firm Manpower's Employment Outlook Survey released today.

The job market remains robust in India as a result of strong domestic growth and recovery from key global markets. But employers in other countries are reporting strong hiring forecasts, as well," said Manpower India's Managing Director Sanjay Pandit.

India's net employment outlook -- an indicator of employers' hiring intentions -- stood at 38 per cent on a seasonally-adjusted basis, for the next three months. For the third quarter, the outlook stood a little higher at 41 per cent.

The outlook fell slightly for the next three months as recruitment activities are relatively less in this period, mainly on account of festival season, Pandit noted. For the fourth quarter, China has the highest outlook of 47 per cent and is followed by Taiwan (40 per cent). Interestingly, for the 2010 third quarter, India was the most optimistic when it came to hiring intentions. Of the total of 36 countries surveyed by Manpower, 28 showed positive hiring trends for the next three months.

As many as 5,395 employers in India participated in the survey. In terms of sectors in India, public administration & education has the highest net employment outlook of 45 per cent, followed by services (40 per cent) and finance, insurance and real estate (34 per cent). As per the report, transportation and utilities, and wholesale and retail trade sectors, each have an outlook of 22 per cent.

"Once you combine strong domestic hiring along with improved International opportunities, we see one of the best scenarios that Indian job seekers could have imagined," he said.

With an employment outlook of 41 per cent, employers in the South have strong hiring plans for the fourth quarter of this year. Northern region has an outlook of 37 per cent, followed by East (36 per cent) and West (32 per cent). Going by the survey, the weakest hiring plans for the upcoming quarter were reported from Greece, Italy, the Czech Republic, Spain and Ireland.


Read more at: http://profit.ndtv.com/news/show/hiring-forecast-india-among-top-three-nations-95975?cp

Courtesy : ndtv
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IT Sector Witnesses The Highest Ever Job Index In September

Wednesday, October 06, 2010: The stability of the Naukri Job Speak index for the past four months clearly indicates a steady hiring scenario and improved business sentiment in the country. Although, the index for Sep-10 inched down marginally by 1.2% from 956 in Aug-10 to 943 in Sep-10, the three month moving average index indicates steady recruitment levels.
On a year on year comparison the job index moved up by 22% in Sep-10 as compared to the same time over a year ago.

Hitesh Oberoi, CEO and MD, Info Edge said “Hiring activity in the IT sector is back to the pre-recession levels. Key IT players in the country are acquiring multiple projects from India as well as overseas which has led to this boom. Software professionals can hence look forward to a favourable hiring environment over the next few months.

He further added “The dip in the insurance sector was anticipated as insurance firms have been groping for ways to reduce headcount, post IRDA regulations.”

Industry Sector Analysis:

An in-depth analysis of the index shows that the IT sector has significantly ramped up recruitment activities with the job index steadily moving in a positive direction for the past three months. In Sept-10 the index is at its highest ever and stands at 1047. A similar sentiment was echoed in the recently released Naukri Hiring Outlook Survey where in 78% recruiters from the IT sector indicated that new jobs will be created in the second half of 2010. In contrast, most of the other core industry sectors Auto, Construction, Oil & Gas and Banking registered dip in their indices within the range of 2% and 5%. The Insurance and the ITES sector in particular witnessed steep monthly declines of 29% and 15% in Sept-10 when compared with Aug-10.

Functional Area Analysis:

The hottest skill sets for the month of Sept were Software development and Sales & Business development where the index moved up by 3% and 2% respectively in Sept-10 over Aug-10. However the demand for professionals in Banking, ITES and Finance registered notable dips of 15%, 8% and 5% in Sept-10 over Aug-10.



City Wise Analysis:

A look at the hiring trends of the top cities of the country show that Mumbai, Bangalore, Kolkata and Chennai have seen steady hiring levels with their indices moving in a positive direction consecutively for the past two months. The index for Kolkata and Bangalore moved up by 5% and 4% respectively in Sept-10 as compared to Aug-10. On the contrary, Delhi and Pune witnessed a dip of 5% and 2% respectively in their indices in Sep-10 over Aug-10.



Overall, the index seems to be moving in a steady pace indicating a positive hiring sentiment for the year.


Courtesy : Efytimes
URL: http://8bt.in/KS0vq5

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India Inc hiring rises 22% in Sept: Naukri.com

Hiring by India Inc surged by 22 per cent in September this year, driven by improved confidence in the economy, a report by job portal Naukri.com said.

According to the monthly Naukri Job Speak Index, hiring level rose to 943 in September this year from 773 in the same period last year.

"The stability of the Naukri Job Speak index for the past four months clearly indicates a steady hiring scenario and improved business sentiment in the country," the report noted.

However, when compared to the data in August (956), the job index in September has seen a marginal drop of 1.2 per cent.

As per data available with Naukri.com, the maximum hiring activity has been witnessed in IT sector, which has significantly ramped up recruitment activities with the job index steadily moving in a positive direction and touched its highest ever point at 1,047.

The sector moved up by 45 per cent from 718 in September last year.

"Hiring activity in the IT sector is back to the pre-recession levels. Key IT players in the country are acquiring multiple projects from India as well as overseas, which has led to this boom. Software professionals can hence look forward to a favourable hiring environment over the next few months," Info Edge CEO and MD Hitesh Oberoi said.

Apart from IT, telecom and pharma sectors also maintained steady hiring levels.

However, the insurance sector has witnessed the highest-ever decline in September. Hiring activity in the sector fell by 58 per cent in the period under review when compared to the same time a year ago.

As against August this year, the ITES and insurance sectors saw the steepest monthly decline with the index dipping by 14 per cent and 29 per cent, respectively in September over previous month.

Almost, all the other key industry sectors-auto, construction, oil & gas and banking- have registered a dip in their indices ranging from 2-5 per cent.

Among cities, Mumbai, Bangalore, Kolkata and Chennai saw an upsurge in jobs in September. On the contrary, Delhi and Pune witnessed a dip in the recruitment levels over the same time period.

Courtesy : ndtv
URL: http://8bt.in/Nl4Afm

Read more at: http://profit.ndtv.com/news/show/india-inc-hiring-rises-22-in-sept-naukri-com-105552?cp

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Top IT Destination!: Infopark campus in Kochi may put Kochi on the world IT map

Kochi, 19th Sept: The profile of Kochi as an Information Technology destination has undergone a sea change during the last decade. No longer are any eyebrows raised when talks are about attracting IT investments to the city.

A good part of the credit must go to Infopark Kochi. For it definitely repositioned the city in the map of global IT destinations. “In the last three years, the total turnover in terms of exports was close to Rs.1, 000 crore while growing at the rate of 85 per cent,” State Principal Secretary for IT, Ajay Kumar told us.

Infopark Chief Executive Officer Siddhartha Bhattacharya supports this stating that since its inception n 2004, the IT sector in Kochi has grown to nearly 15,000 employees and over 100 companies. He said that a number of developmental initiatives aimed at further accelerating the export growth of the city have been undertaken.

Mr. Bhattacharya said that Infopark now accounted for over a third of the State's total IT turnover. Given the significance of the city as a commercial capital, it is a major point of future customer base and hence will factor as an important destination of IT within Kerala, he said. Mr. Kumar hailed the research and development initiatives in IT undertaken by Infopark in the recent years.

One of the significant developments boosting the IT potential of the city is the perceptible improvement in the “employability” of its youth. Mr. Bhattacharya finds a “remarkable change” among the educated youth of the city when it comes to their competence for jobs in the IT sector.

“They are now more aware of the changing technology and also of the global culture and to cater to these needs the government as well as the private sector have begun various initiatives to ensure that they are updated on the latest trends in the global market. Programmes like Mass HR, ICT academies and model finishing schools are driving it up,” he said.

Besides, good connectivity, talent base, upcoming infrastructure, metropolitan culture, affordable cost of operations and initiatives for Kerala IT, the State government initiative for attracting IT investments to the State, are among factors that makes Kochi a favourite IT destination.

It, however, does not mean that the city has done everything to explore its full potential as an IT destination. There definitely is room for improvement and areas to focus on. Mr. Bhattacharya felt that the city could do more in improving soft infrastructure and round the clock world class amenities among other things.

He has no doubt that with its ever increasing base and current growth, Kochi and Infopark will be one of the top 10 IT destinations in the country in the next ten years.

courtesy : c2clive

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India: the next big name in hospitality

Hospitality is emerging as one the biggest industries when it comes to employment. Today, the
term ‘ hospitality' has gone beyond the borders of the hotel industry and has seeped into almost every sector of business.

Over the last few years, the industry has undergone a complete makeover and has become a crucial part of functioning of any company. If one looks closely at sectors such as entertainment, education and retail industries, hospitality plays a major role in supporting these sectors.

Weather you are buying tickets for the latest movie, or booking seats for a flight, hospitality is becoming the spine of businesses all across the globe. Being hospitable to clients is one of the major areas where companies are focussing on. If one observes on a trip to a restaurant, the waiter comes over to ask if the food served was good and is open to feedback.

Another thing which is noticeable in India is that most of the hotels offer a tour of their kitchen, which was never the case before. All these changes spell one thing- companies are going one step further in being more people friendly.

“The industry has been changing and its not just hotels and restaurants now. A lot of other industries such as transportation, real estate, hospitals, retail, casinos, banking, consultancy, education, theme parks and publishing houses need to be hospitable. This is because of every company has some element of hospitality involved in it, which helps the business grow,” says Pimo Mazurczak, Regional Admissions Director, Laureate Hospitality Education, Switzerland.

With a lot of hotels opening up in the country, India is being touted as the next destination for the hospitality industry. According to figures from the World Travel and Tourism Council, by 2019, there would be 275 million jobs pertaining to the hospitality industry. “Though there are still opportunities in the west, a lot of jobs will be generated in countries which include Brazil, Russia, India and China. The present and future of the hospitality industry is in these countries,” Mr. Mazurczak points out.

At present, in India, there are about 90,000 hotel rooms and given to the new hotels coming up, these numbers are bound to increase. “The figures could go up to over 2.40 lakh hotel rooms in India, which would also mean a lot of opportunity for hotel management graduates,” he says. With the spurt of entertainment companies and hotels, India has become a sought after destination for students not only from India, but also countries such as Brazil, China and Russia. “Owing to the boom in the industry here, many people are looking at India for jobs. An interesting trend that we noticed in the past few years is that a lot of foreign students come to India to intern because of the innumerable opportunities and diverse cultures across the country,” Mr. Mazurczak adds.

So all the young hospitality graduates, now you know where your future is! For more information on hospitality courses in Switzerland visit www.lesroches.edu or www.glion.edu

courtesy : Thehindu
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Career Journal: Zooming to Jobs in the Auto Industry

Looking to accelerate your career in to top gear?

India’s automobile industry is one of the fastest-growing in the world right now, thanks to increased purchasing power among Indians.

Reuters
Workers at a Maruti Suzuki factory clean new cars.

Car sales have been touching record highs in recent months, and the momentum is expected to continue as the Indian economy grows rapidly and more people in rural India get behind the wheel. To capitalize on this opportunity, many foreign companies are expanding their operations in India.

The result: auto, and especially car companies, are hiring em masse. For the right candidates, the pay is big. Jobs are available across almost all fields – engineering, research and development, finance, human resources, and information technology.

Auto industry experts walked us through the details of some popular senior-level jobs at car companies in India.

Head of Marketing

If you have the right experience and skills, this is one of the most highly paid jobs in the auto industry.

The head of marketing has to position the company’s brand and promote it, by planning and overseeing advertisements and promotional activities. He or she has to be closely involved in product launches. Afterward, the marketing director is expected to watch how well the product fares in the market, and how it compares with competitors’ products.

Expected Pay: Salaries range from 800,000 rupees ($18,000) to 5 million rupees ($111,000). Some major multinational companies pay as much as 10 million rupees ($224,000).

Qualifications and Experience: Most companies expect candidates to have a master’s degree in business administration, with a specialization in marketing. At least 10 years of experience is required to apply for this position, at least half of which should be in sales, marketing, customer relations or product development.

X-Factor: “The candidate should be able to think strategically and creatively and should possess interpersonal skills,” said Prince Augustin, executive vice-president of human capital, automotive and farm equipment sector at Mahindra & Mahindra Ltd., in an email. “Good understanding of network development, and rural and urban marketing” is a plus, added Mr. Augustin.

Head of Vehicle Platform

The head of platform creates the basic skeleton, or platform, on which various cars are built. Depending on what engine or technology goes into this skeleton, we get different variants of a car. For instance, the platform for Maruti Swift and Maruti Dzire is the same, said Uday Sodhi, chief executive officer at job portal HeadHonchos.com.

Besides helping build the platform, the platform director should also keep up with changing technology and make improvisations, in order to keep costs low and stay ahead of the competition.

Expected Pay: Salary starts from 2.5 million rupees ($56,000) a year to 8 million rupees ($178,000) in larger or multinational companies.

Qualifications and Experience: Apart from a bachelor’s degree in engineering, the candidate should ideally have a master’s degree in engineering or technology, with specialization in either mechanical or automobile engineering. A candidate aspiring for this role should have “good technical skills and an exposure to design and manufacturing,” said Mr. Sodhi.

Top companies require about 15 years of experience, with some experience in design and engineering of platform systems like chassis, suspension and brakes.

X-Factor: “The candidate should possess a keen sense of aesthetics,” said Mr. Augustin.

Head of Vehicle Integration

As the name suggests, this person’s main job is to ensure that the different parts of a vehicle are work well together. This involves overseeing the assembly of all components manufactured in-house and those purchased from vendors. The head of vehicle integration works closely with people in product design, and helps build the vehicle architecture virtually.

Expected Pay: Salary ranges from 1.5 million ($34,000) to 5 million rupees ($112,000), depending on the company.

Qualifications and Experience: This technical role requires candidates have a graduate degree in engineering or technology, with a major in mechanical or automobile engineering. To get this position at a small plant, you need about 15 years of experience but larger plants may require as much as 25 years of experience.

X-Factor: Aspiring candidates should have a “strong understanding of latest manufacturing practices and the knowledge of production engineering and machinery operations,” said Dr. Ganesh Shermon, partner and country head of people and change practice at KPMG Advisory.

Financial Analyst

Recruiters say there is a lack of enough skilled people to fill this particular position.

A financial analyst plays a key role in preparing the company’s business plans, and is involved in the vehicle’s pricing and suggesting ways to reduce cost of production. In addition, he or she monitors the progress of the product and reports its financial performance, while also keeping an eye on the performance of competitors’ products.

Expected Pay: Depending upon the company, the annual salary varies from 3 million ($67,000) to 7 million rupees ($156,000).

Qualifications and Experience: Companies typically look for candidates with a post-graduate degree in commerce, or master’s in business administration with a major in finance. Fifteen to 20 years of experience is needed to apply for this position.

X-Factor: The ideal candidate would “have good analytical skills,” said Pandiyan Vairamani, vice-president of human resources at car-maker Ford India.

Head of Logistics/Distribution

The head of logistics is responsible for ordering raw materials and for purchasing various components of a vehicle. After the vehicle is assembled, the person oversees its proper distribution. This would involve getting the vehicles into containers for shipping, and clearing customs, said Ashish Sinharoy, vice president of communications and corporate affairs at Renault India Pvt. Ltd.

Expected Pay: Annual salary ranges from 500,000 rupees ($11,000) to as much as 3.5 million rupees ($78,000).

Qualifications and Experience: A post-graduate degree or master’s in business administration with a major in logistics/supply chain or material management. Top companies look for experience of five to 15 years.

X-Factor: “Ability to scan the market for new sources and should possess strong negotiation skills,” said Mr. Shermon.

courtesy : blogs.wsj.com
URL: http://8bt.in/MWxzX8

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