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Telecom sector to create 1.5 lakh jobs
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Telecom sector to create 1.5 lakh jobs
2 Jan 2009 NEW DELHI: While others worry about the looming recession and job losses, the country’s telecom companies beg to differ. The sector will need up to 1,50,000 additional hands in 2009, according to the hiring consultants.
While new players are launching operations, existing ones are beginning to scale up. Now that the government has issued 120 new licences, telecom industry officials fear a talent crunch that could push salaries in core operations by up to 30% in the next few quarters.
“Conservative estimates put the demand from new players at one lakh people in the first phase. With rolling out of 3G and Wimax, existing players will need another 50,000 people,” said Kris Lakshmikanth, CEO of Bangalore-based Headhunters India.
Most of the new players would be looking for experienced hands, so getting people in such large numbers will be a great challenge, he added. Currently, the sector directly employs about 1,50,000 people, while providing jobs to another 1.5 million with retail outlets, prepaid card sellers and tower constructors.
Source:
http://economictimes.indiatimes.com/News_by_Industry/Telecom_sector_to_create_15
While new players are launching operations, existing ones are beginning to scale up. Now that the government has issued 120 new licences, telecom industry officials fear a talent crunch that could push salaries in core operations by up to 30% in the next few quarters.
“Conservative estimates put the demand from new players at one lakh people in the first phase. With rolling out of 3G and Wimax, existing players will need another 50,000 people,” said Kris Lakshmikanth, CEO of Bangalore-based Headhunters India.
Most of the new players would be looking for experienced hands, so getting people in such large numbers will be a great challenge, he added. Currently, the sector directly employs about 1,50,000 people, while providing jobs to another 1.5 million with retail outlets, prepaid card sellers and tower constructors.
Source:
http://economictimes.indiatimes.com/News_by_Industry/Telecom_sector_to_create_15
