According to Nasscom-Accenture report on demand and supply for the IT-Business Process Management, Kerala is on par with rest of the country in creating quality talent and employability in the IT-BPM sector.<\/p>\n
The report says that by the year 2020 India’s IT-BPM industry will grow 13% to reach 225$ billion and will\u00a0 employ around 5.3 million people.\u00a0 The report further states that Kerala’s demand-supply gap will be reduced from 6,678 in 2013 to 2,421 in 2020.<\/p>\n
Delhi’s demand-supply gap will increase from 15,839 currently to 47,791 in 2020. Other states like Karnataka and Tamil Nadu too will have a negative gap over the next 6 years. These states have a “dearth of quality talent vis-a-vis their employment opportunities” meaning there is a lack of quality talent with regard to the employment opportunities available in these states.<\/p>\n
States like Tamil Nadu, Andhra Pradesh, Karnataka and Maharashtra create 80% of talent demand while contributing 50% of talent supply. This imbalance has led to increasing manpower shortage and a consequent increase in manpower costs. The industry will face difficulty on talent supply side as other high-growth industries such as electronics, retail and telecom employ talent from the same supply pool.<\/p>\n
For the IT-BPM industry to reach its targets certain issues must be addressed such as low graduate employability ratio, insufficient academic infrastructure, increasing manpower costs in Tier-1 cities etc.<\/p>\n
IT-BPM industry still remains one of the youngest employed workforce in the Indian economy with an estimated average age of 26.5 years.<\/p>\n","protected":false},"excerpt":{"rendered":"
According to Nasscom-Accenture report on demand and supply for the IT-Business Process Management, Kerala is on par with rest of the country in creating quality talent and employability in the IT-BPM sector. The report says that by the year 2020 India’s IT-BPM industry will grow 13% to reach 225$ billion and will\u00a0 employ around 5.3 […]<\/p>\n","protected":false},"author":44,"featured_media":19583,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[163,5],"tags":[149],"class_list":["post-19555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startups-technology","category-technology","tag-startups"],"_links":{"self":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/posts\/19555"}],"collection":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/comments?post=19555"}],"version-history":[{"count":0,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/posts\/19555\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/media\/19583"}],"wp:attachment":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/media?parent=19555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/categories?post=19555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/tags?post=19555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}