Indian Information Technology industry is projected to generate 2.2 million jobs by 2008
Total addressable market for global off-shoring is approximately $300 billion, of which $110 billion will be off-shored by 2010 and India is expected to capture more than 50 percent of this opportunity
BPO market will directly employ approximately 2.3 million people and provide indirect employment to another 6.5 million by 2010
Indian KPO sector is also expected to employ more than 250,000 KPO professionals by the same time, compared with the current figure of 25,000 employees
Organized retailing is estimated to be US $ 30 billion by the year 2010 and will employ about two million Indians.
Gaming will be one of the fastest growing segments of the media and entertainment industry worldwide
Expected to reach $55.6 billion by 2008
One of the fastest growing regions would be the Asia Pacific (compounded annual growth of 23% for the decade to 2008
Indian mobile gaming market will touch about $336 million by 2009,
220 million people will be playing games on phones by 2009
Animation industry alone would require 300,000 people by the year 2008 Indian Biotechnology sector
oWill achieve $5 billion in revenues by the year 2010 (CAGR of 35.91 percent) with the increased growth in the biopharmaceuticals, bioservices, and bioinformatics fields. Currently, the sector is worth $1.5 billion.
oThe Indian Biotechnology Industry segment is expected to grow by 25 to 30 percent over the next five years, outperforming the global expected growth of 12 to 16 percent.
oThis year, about 175 new companies have come up in this sector, of which 158 are based in Bangalore. Currently about 55,000 people are employed in this segment. It is expected that by the year 2012, another 100 million jobs are likely to be added in the Biotechnology field!
About 100, 000 new jobs are going to be created in the insurance sector by the end of 2006.
Tourism is said to become the world's largest industry by the year 2010
Industry experts believe that in India alone, about 180,000 vacancies are expected to be filled in the hotel industry by the next decade
Indian government is aiming to augment telecom connections to 250 million by the year 2007 and 500 million by the year 2010. Mobile coverage will be e xtended to 85 percent of the country
The health sector is projected to employ 9 million people in the next decade. Currently, India spends only 0.9 percent of its GDP on health care in the public sector; this is expected to go up to 7 percent within the next 10 years
With a work force of about three million and an estimated 25,000 units engaged in the Diamond Industry alone, the industry is churning out new employment opportunities for many
Industry estimates indicate that 50,000 new jobs will open up every year in the civil engineering sector |
