Are High Salaries a threat to the Indian Offshore Industry ?
Source: Economictimes
Date: 20th August,2007
A study by SVB financial Services group believes that the rising wages for senior executives and lack of availability of middle management in India could be a threat to the growth in the IT R&D industry in India. (ARTICLE)
The study concludes that lack of senior talent development in India is a key reason for the inability to develop successful products in India.
The survey was done with Zinnov a consulting firm based in bangalore with 31 product development firms. The survey also concluded that Bangalore is the number one destination of choice when it comes to product development.
Do you think the lack of middle management and rising wages for India will put it out of play for growth ?
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