China fast catching up with India in IT: Murthy
Bangalore, June 11: Eventhough India was 20 years ahead of neighbouring China in Information Technology sector, the latter was fast catching by focussing more on education, Infosys Chief Mentor N R Narayana Murthy said here today.
Addressing the induction ceremony of the company's InStep programme in which over 125 candidates were selected among the 12000 global aspirants here today, he said China was growing well in the IT sector giving more focus on education programmes which was fit for other nations to emulate.
He said eventhough China had done extremely well in the area of manufacturing and created over 130 to 140 million jobs in the sector. it lagged behind India in software sector. However, China had extraordinary quality to overcome the gap and surge ahead in this sector also, Mr Murthy replied to an internee from Beijing.
About Infosys's footprints in China, he said it had two of its Development Centers set up in China catering to the needs of China's domestic market as well as its overseas customers outside China.
"Infosys believes China was an extremely important market which was growing fast," he said. The Infosys non executive Chairman said India was able to gain edge over China in IT sector because of its large number of middle-level professionals and if India had to retain its present position, it had to maintain quality and develop fairly advanced systems with 24/7 work culture to serve the globalised world.
Mr Murthy also informed that his company has many challenges to face including maintaining its joy of accommodating the closeness of its clients and retain its present position keeping pace with the speed of globalisation. "World is becoming more and more competitive and more and more corporations are getting into our business. To remain ahead with others the company has to improve its productivity with reduced cost and make more and more profit while enhancing its brand equity at the global level, he said.
On the Infosys' internship program Mr Murthy said that it was being conducted to demonstrate India's and as well as company's strength in the field of IT to the world. The program would also help Infosys employees to interact with people of multi-culture and get international exposure.
He said that the program was designed to gain minds hare with students drawn from top colleges in the world as they could be the company's future clients, employees, competitors or even leaders of tomorrow.