Friday, March 18, 2005

Here you go, Hi Tec.....

Itinerant National Resdients (INRs), LoL... never heard of this before? me neither..INRs are those hapless high flyers in the corporate world who are on the wheels for about 250 days in an year.. the tremendous growth rate in the IT and ITeS sectors, the never befroe boom in the manufacturing sector and the newfound outsourcing mantra called BPO have all made travelling an occupational hazard for most of the top level execs..

we have the indian MNCs who created a niche for themselves, the oldies like Infosys, Wipro, TCS and the newbies such as CTS, iFlex etc., who deploy their execs all across the world.. a large chink are on work permits and a significant percentage keep doing the rounds.. a decade ago, a foreign visit was a dream for any employee in the private sector.. and it usually remained a dream! only the president or CEo used to travel and that too a couple times a year! and the same was totally unheard of in govt., except the trips undertaken by beaurocrats to attend conferences or to study specific schemes, draining the coffers..

today, if you look around in your neighbourhood, you see a software engineer working in US or UK or atleast in the middle east in every house who cared for their children's education.. a US VISA is no longer a dream.. working in your home town and moving around the world is all the more fun and exciting... we see a new found enthusiasm in the business secotr all over the world, which brings down geographical barriers, and hardcore nationalism.. it's all about expansions, mergers and acquisitions, all translating into massive ROIs..at the same time creating a new breed of millionaires.. you see lots of them these days..

being a part of the clique, am excited...but ever cared to look at the flip side?

essentially this transaltes into a much wider gap in income and living conditions between the haves and the have nots..and the gap continues to grow in leaps and bounds..the only solution to improve the living conditions of the ordinary mortals would be to strengthen our own manufacturing secotrs, which would bring forth a thousands of employments, not limited to those with the two letter degrees (read BE..).. and give more stress on our agriculture sector, it is heartening to see the allocations to priority sectors topping the bar in the recent budget... this would definitely bring forth employment and food security, the two pillars of progress!!

everytime you get excited about an infy or TCS setting up an office in your town or in any of the high-tec cities in india, think about this too..how would they transform the lives of ordinary people? no way..the respective local governments are snobbish enough to miss out the much more larger picture..

now, each time you hear about a factory being setup in your town or in any of the industrial estates, think about the employment potential it can generate for the less educated mortals..imagine those house wives with their robes wrapped tightly around their waists getting a full time employement, so that they can proudly send their children to school...marry off their over aged, under educated, daughters.. taking care of their ageing spuses.. is this all about shaping up a society at large??

yet, am clueless why our govts are running behind corporate biggies to setup shops in the states rather than encouraging local entrepreneurs and thus losing out the deal?? less investment, more returns, and a tremendous impact on the lives around.. will we ever care? this beats me to the ground!

PS: musings from a meeting we have had with the Directot of a Software Tech Park..

so long..
roy

No comments: