Group Discussion Topics & Tips
- GD is key to MBA admission 2018 in FMS, XLRI, MDI & other top MBA colleges. It commands 10 to 15 percent weightage in MBA admission in top MBA colleges.
- GD Topics: It is necessary to have good knowledge about the latest GD topics, to be able to add value on content.
- GD Tips: Before entering GD round must know how to start a group discussion, take lead, make positive impact, key GD skills,
- Top 100 GD Topics: Factual, current affairs, Business & Economy, Social Issues, Abstract topics figure in GD round and may include GST, Demonetization, Govt Initiatives, & other topics expected in top MBA colleges
- MBAUniverse.com has prepared summary of key facts and information needed for Top GD Topics. Read below the solved GD topic and prepare your content based on the information.
Employment Generation: IT industry will create huge job opportunities in India
After Mr Donald Trump got elected as U.S. President, a fear among IT professionals got set in that as per his earlier announced policy of reducing the outsourcing, reduction in visas for non-Americans and reduction in job opportunities in IT sector and others, whether this high job creator sector would offer jobs to IT professionals and MBAs in future.
This became a hot discussion topic among the prospective IT professionals, MBAs as well as the corporate sector and B-schools. Many MBA colleges have chosen this topic for their GD round in MBA admission process. The facts, prospects and views from the Corporate sector on the topic are shared below. This will help you prepare well on the topic.
Information Technology (IT) sector of India has remained one of the high employment sectors in the recent past.
IT Industry has contributed considerably to changing India's image from a slow developing economy to a global player in providing world class technology solutions.
The key reasons for the companies opting India as IT destination and offering more employment is the low salary structure of working staff and lower operational costs in India
IT Sector to remain high job creating sector: Projections
- Industry experts and NASSCOM say the Indian IT workforce will touch 30 million by 2020, becoming the highest sector employer.
- It is expected that there will also be steady increase in salary structure in IT sector
- The outsourcing industry is also exploring India to set up their base and is expected to be a $2.5 billion industry in the next 24 months.
- According to the IBEF (India Brand Equity Foundation) figures, the Indian IT industry is set to touch $225 billion by 2020.
- Companies are looking to beef up operations, especially in areas like data sciences, algorithm design and cloud computing.
- Indian IT/ITeS sector is poised to grow at a cumulative growth rate of 9%, according to figures from recruitment and staffing company Randstad.
- The Teamlease Employment Outlook report predicted an increase in hiring from October 2016 to March 2017 compared with the previous six months.
- Moorthy Uppaluri, CEO, Randstad India predicts “We foresee at least 75% of the Indian IT/ITeS companies increasing their headcount in the next six months. The industry is expected to remain competitive, but would do well to remember that value proposition is necessary in order to maintain that edge”
Most companies have good hiring plans. Tech Mahindra Vice Chairman Vineet Nayyar says that its headcount will cross the 1-lakh level in about a year, from close to 85,000 at present.
Why India a preferred destination for IT recruitment
- India is among the world's lowest paying employers in IT sector. The mid to senior level staff in IT sector in India gets an average salary of $36,120 (about Rs 18.5 lakh) per annum - less than one-fourth of the IT pay package at globally top-paying Swiss companies.
- The IT sector salaries are highest in the world in Switzerland at an average of $167,890 (about Rs 87 lakh) per annum, as per a study titled 'World wide IT Salary 2011'.
- India therefore, continues to be amongst the leading destinations for IT development, given its cost advantage.
- Lower-level roles in IT sector are being moved to regions like India where talent is cheaper
- This is the reason that more IT development companies operate from India and this will continue to grow even after increase in salary structure as huge gap exists in European and U.S. salaries as compared to salary structure in India.
Word of caution
- IT professionals and institutes offering IT education need to note that consistent improvement could sustain and push the IT sector to grow
- Since higher number of IT professionals would be required in near future, the talent shortage could impact adversely on the decision of the IT companies to operate from India
- Salary inflation in near future could also check the expansion and growth perspective of IT sector
India's journey on the path of economic reforms has transformed it to one of the world's fastest growing economies. India’s large population is its biggest asset. It can put India in the league of developed economies in next decade.
The services sector needs many million knowledge workers. Jobs continue to be created, needing an educated workforce. The need is to recognise new opportunities and prepare the supply side. IT sector is likely to hold us in good stead in the future in terms of employment generation and business growth. Read More GD Topics
- Demonetisation: Success & failures
- Linking of Aadhaar: Is making Aaadhar mandatory a good idea?
- Start up India: Boosting Entrepreneurship
- FDI in retail: Good for India?
- Budget Cycle Change: Only a move of convenience
- GST: Will economy grow faster with reduced rates of Goods & Services Tax?
- Merger of Public Sector Banks: How beneficial is the merger of Banks?
- Make in India: The idea will make India a manufacturing hub
- Bank Recapitalization: NPA reduction and not bank recapitalization can cure the health of PSBs in India
- Beti Bachao Beti Padhao: Will it abolish the orthodox mindset?