Skills shortage in India

That's the talking points coming from the Indian punditocracy. There was this kind of talk going on in North America during the peak of the dot com boom before the whole house of cards all fell down.

I've also noticed less posts coming from IndiaBPOKing and YourSpecialFriend as of late. Is this a reflection of the slowdown of India's IT boom?

As the number of jobs coming from the USA to India slows down, there will be increased compebreastion in India for the remaining jobs. 3 million university graduates are added to the labor market every year, and yet there is supposedly 1 million vacant unfilled jobs. The Indian IT sector also complains about infrastructure problems as a limit to their growth. The problem as I see it is that the Indian IT sector uses a low standard of living as its compebreastive advantage (starving 3rd world corporate slaves who race to the bottom) and they would have to charge more for their services in order to invest in infrastructure. There's no such thing as a free lunch.

Some excerpts from the article::::::::

"India's rapidly growing software and outsourcing industry says the nation's university graduates lack the skills needed for an estimated one million jobs in the next four years.

The issue is so crucial that the industry will develop its own system to test the skills of the country's three million university graduates each year, Kiran Karnik, president of the National buttociation of Software and Service Companies, said on Wednesday at a two-day summit in Bangalore on outsourcing trends.

"The test is designed for entry-level candidates. It will gauge the skills necessary for call center and transaction processing jobs," Karnik said. "Most of the graduates ... currently are not employable."