Monday, May 31, 2010

Chart of the day: IT in India

Pretty impressive over the decade ... and, given that India's GDP itself has grown at quite a pace:
India's economic expansion averaged 9% for four years through March 31, 2008, before slowing to 6.7% in the last fiscal year amid the global slowdown.
It does not surprise me, therefore, when I find out that pretty much every young twenty-something in the extended families back in India is working in IT.  Even old folks who have never used computers casually refer to "IT" ... Interesting times ...

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