Abhishek Yadav, Co founder & President, N-CARE discusses how India is all set to become the knowledge capital of the world
|  | 1) What is Information Management and what is its scope in India?
Information Management is concerned with identifying, organising, evaluating, storing and disseminating information in the most effective and efficient manner. It involves understanding how organisations work, and how Information Strategies must take into account people's or business needs and behaviour. This involves leveraging information systems and Information Technology to maximise information resources to meet organisational objectives and individual requirements. | |
The IT revolution and the need and creation of organised data and information has thrown huge opportunities of skilled manpower to analyse and manage this ongoing database and information. In the recent times it has been observed that the need for Information Management has expanded from IT to all major information/data creating sectors such as Telecom, Finance, Pharma, KPO/ ITES, Government, FMCG, etc. and when India is set to become a Knowledge Capital of the world, it gives huge opportunity for Analyst, Researchers or just informed Management Graduates who must have studied more on Industry through research route than traditional syllabus.
India being part of an emerging region is set to be more organised in terms of database and information management which will create an ever expanding need of skilled manpower to manage this.
2) Can you give us an overview of the (Market research/analysis/KPO) industry and how it is doing presently?
The KPO market is currently estimated at USD 3 billion and is expected to reach USD 16 billion by 2010 (Evaluserve, 2007; KPMG, 2007; Tan, 2007).The industry is estimated to aggregate revenues of USD 73.1 billion in FY2010, with the IT software and services industry accounting for USD 63.7 billion of revenues. Rest is ITES (KPO & BPO) (NASSCOM Strategic Review 2010)
3) Can you describe the current employment trends in this industry?
During FY2010 direct employment is expected to reach nearly 2.3 million, an addition of 90,000 employees, while indirect job creation is estimated at 8.2 million. (This includes KPO sector jobs). Availability of skilled talent has been India’s foremost attraction as a global sourcing country. India’s graduate outturn has more than doubled in the past decade, with addition of 3.7 million graduates in FY2010, a scale unmatched by any other country. However, some gaps in talent suitability exist, they are being addressed through strong provider-level initiatives and industry-led programmes. (NASSCOM Strategic Review 2010).
4) What kind of career opportunities is available in this sector?
There is an ever growing industry need for skilled manpower in the field of information management, research and analytics across all major sectors such as technology, telecom, Finance, Pharma, KPO/ ITES, Government, FMCG, etc. Job opportunities are available across various researches & analytics needs across above specific industry.
5) What are some of the skills and qualifications required for people in this sector?
Analytic and logical reasoning skills, penchant to seek industry knowledge, communication skills & project management skills. Candidates seeking admission to the undergraduate programs should have completed 12 years of education under the Indian Education system (CBSE or ICSE) or any equivalent Board in India or overseas, with English and Mathematics at the class X level. Candidates seeking admission to Post graduate programs - Students who have completed their graduation in any stream or appearing in the final year of their graduation from universities and institutions recognised by UGC can apply.
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