India Faces Outsourcing Labor Shortage?
Well, this is certainly one headline I had not expected to see....
An AP newswire story by S. Srinivasan in InformationWeek reveals that India's outsourcing resource pool
India is beginning to see a shortage of properly skilled labor in its back-office outsourcing industry and could fall short by a quarter million workers in four years, officials said Tuesday.
"The problem is not with the quantity, but with the quality," Rajeeva Ratna Shah, a top official of the federal Planning Commission, which directs India's economic strategy, said during an outsourcing conference in the southern city of Bangalore, the center of India's high-tech industry.
Only a fraction of the 3 million graduates produced by India each year are ready to be employed in the outsourcing industry, with others needing several months of training, Shah said.