Indian IT industry is not going to hit..

Indians are most committed and hard worker. Reason being, They have seen the problems.. they see people die with hunger.. people has to work very hard to get the two time meals. Hence they value the work and put maximum effort. Unlike Westerns, There, Earning money was (?) quite easy..They used to get lots of money for small work and they used to enjoy like anything.. The Pub culture, currently in bangalore has come from West..So much money is getting wasted every week in beer and dance clubs (Or Night club?).. But the number is still less.. People have sentiments for their family and they can do extra work and with full commitment. We should learn from this recession and cut down our expenses .. (Including me.. start saving buddy..)

Yes, Its true, No Indian Company has developed their Operating System or Database or Application servers But we Indians are the major contributors for their Development. There are two major reasons: 1. We started late ..due to economic reason 2. Lack of Proper Guidance in starting only.. Now its going to be tough competition and We do not have that much money to be put in RnD to get our OS ready.

In this Recession time, As most of the clients for Indian IT companies (as well as US based companies) are in US and Europe, and they are cutting costs for IT spent, India is feeling the heat. But, Still I believe, there is not going to be much impact on Indian IT industry. The only skilled competitor in world for IT is US .. But from US only these works have offshored here.. So, its unlikely to go back these jobs to US in near future.. See Below List of Skills comparison ..

Source: http://discuss.itacumens.com/index.php?topic=13115 [Thanks]

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The following are the Country skill Rankings (NASSCOM)

IT Database Development and Administration

RDBMS Concepts
India 48%
United States 22%
Romania 4%
Russian Federation 3%
Ukraine 3%

SQL (ANSI) Fundamentals
India 60%
United States 14%
Russian Federation 5%
Ukraine 5%
Romania 3%

MS SQL Server 2000 Programming
India 33%
United States 32%
Romania 7%
Russian Federation 5%
Ukraine 4%


DB2 Programming
India 71%
United States 18%
Philippines 1%
Romania 1%
United Kingdom
(Great Britain) 1%

Oracle PL/SQL
India 50%
United States 20%
Russian Federation 5%
Romania 3%
United Kingdom
(Great Britain) 3%

IT programming and Development

C#
United States 29%
India 22%
Russian Federation 9%
Ukraine 8%
United Kingdom
(Great Britain) 6%

Software Testing*****
India 71%
United States 11%
Ukraine 4%
Belarus 2%
Pakistan 1%

C++ India 22%
United States 20%
Russian Federation 17%
Ukraine 10%
United Kingdom
(Great Britain) 6%

Java 2 Fundamentals
India 58%
United States 14%
Russian Federation 5%
Ukraine 4%
Romania 3%

.Net Framework
India 47%
United States 19%
Russian Federation 6%
Ukraine 6%
Romania 5%

IT systems and Network Administration


Linux Administration (General)
United States 22%
India 16%
Russian Federation 9%
Ukraine 7%
Romania 6%

MS Windows Server 2003 Administration
United States 37%
India 19%
Russian Federation 6%
Ukraine 4%
Romania 3%

Networking Concepts
United States 34%
India 17%
Ukraine 6%
Russian Federation 5%
United Kingdom
(Great Britain) 4%

Unix Administration (Solaris 9)
India 37%
United States 27%
Russian Federation 5%
Canada 3%
United Kingdom
(Great Britain) 3%

Information Technology Security Fundamentals
United States 33%
India 12%
Ukraine 6%
Poland 5%
Russian Federation 4%
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In the manpower with low salary (With huge number of manpower available), Our competition is with China, Philipenes, SouthAfrica etc .. and they will take atleast 10 Years to catch up us in English .. and in 10 Years Indian IT skill will be doubled .. :).. I believe, its high time for Indian companies to start transactions in Indian Rupee which is more stable than Dollars (If not now..It will be in coming years).. So deal in Indian Rupees so that, we better know the situation..

As Indian, we should try to build softwares from Scratch.. Indian company should do some RnD investment ..should take some risks .. Also, try to capture other parts of World as IT market.. Create the market in Asia, Australia and Africa ..

And Lastly, What will happen next moment, nobody knows.. nobody knew what will happen in Mumbai on 26th November 2008 .. So no need to worry .. Be happy .. Though be more prepared with more and more skills, More commitment, more confidence..more hard work..and Savings a lot ..