Training and Placement
From the desk of Head, Training and Placement Center
India is on the verge of becoming a developed country sooner than our self-chosen target date of 2020. Growth rate of GDP is 8% plus, capital account convertibility is increasing year after year from US$ 25,000 to US$ 200,000 by 2010. Amongst the 100 powerful women in the world 5 are Indian. Two-thirds of our population is literate. India is the fourth dream destination after Italy, New Zealand and Australia thanks to the Government of India campaign, “Incredible India!”. Our media is hyperactive; when the judiciary fails, media is able to open up cases. The Indian “millionaire club” is swelling. Presently there are 1 lakh millionaires in dollars terms and the number is increasing at 30% per year. 89% of Indians want to be born as Indians again as compared to 36% in China. The reasons are manifold namely, unity in diversity, spiritual heritage, economic growth and incredible capabilities. Our GDP growth has been twice the global rate in the past 20 years. At current rate, we are set to override Japan to become the third largest economy which is presently at fourth place. It is a well known fact that India has emerged as the biggest back office in the world.
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There are no marks for making out as to who are the biggest beneficiaries of this overall growth. It is the young generation of India which stands to gain a lot from this growth story. The not so young tend to sulk over the fact that they were born a bit too early. |
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Our college has done exceedingly well with respect to placements 369 students of 2008 batch have been placed so far and we are still counting. More than 123 students have got two plum appointments from the big banner industries. But this party may not continue at least in the near future. |
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Technology firms are busy revising their hiring outlook for the year and the graph is heading downwards. According to analysts, the country’s net technical hiring for the fiscal will be down by a lakh as against the outlook of over 4 lakhs earlier this year. |
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In 2006-07, about 5 lakh IT/ITES professionals were hired as against 4 lakh in the previous year. So this year’s expected figure could be the lowest in 3 years. |
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I, being an optimist by nature, feel that there is always a room at the top. Our students have already proved their credibility in the market and downsizing the national placements in the IT sector shall not deter the companies to come to elite colleges like ours and our placements will be unaffected for the 2009 batch as well. Relentless efforts are on to rope in more and more companies for placements (Campus Selection Data 2006/07/08/09). Best Regards |
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