IT/BPO to generate 10mn jobs by '10: Nilekani

The IT and BPO industry will generate ten million jobs by 2010 in India, and the country will become the "centre of gravity" in the world for the sector, Nandan Nilkani, CEO of the Nasdaq-listed Infosys Technologies, said today.

Talking to a group  of editors on the "business implications of a flattening world," Nilekani said Indian companies will have to have a global vision to realise the potential of the country becoming the centre of gravity in the information technology sector.

Nilekani said software development in India has become qualitatively better, and customers wanted more of it.  The global companies have to make a fundamental shift in their strategies by opening up more to markets in India and China, he added.