The advancement in technology infrastructure, increasing competitive domestic Indian companies will accelerate technology adoption amongst the youth in India. However, the number of youth/people looking for jobs in these metro cities is comparatively more in IT sector rather than MBA or E-commerce Industry.
The E-commerce Industry is going upward and would surpass the US and would stand to be the second largest E-commerce country in next 10 years, a survey stated. E-commerce Industry is expected to grow with the rate of 30%.
The much growth of the IT sector and E-commerce Industry has been triggered by increasing internet usage. The rise of the Internet users with the Digital India initiative results to be the key driver of these sectors.
There has been a significant demand of the engineers and computer science in the education sector with the growing IT sector. The Indian It sector is expected to grow at the rate of 35.6%. From innovation to thoughtful leadership perspective technology will be key for the future investment.
In the contemporary world economy IT sector in India is the second largest exporter of IT. What indicates the development of this sector is that the jobs once confined to Bengaluru -the IT hub of India, diffusing to other cities as well, like in Chennai, Mumbai, Ahmedabad, Delhi, Hyderabad etc.
Whereas acquiring a MBA degree helps to learn newer ways to generate economic perspective for the people. It simply means to be into a “real game” together with vast career options. A better aptitude to communicate down and across which makes them better paid.
MBA degree holders are relatively lesser than the one’s with the MTech degree as it provides you an opportunity to expand your knowledge, one can say a deeper dig into the content, and helps to expertise your field. Despite of opening new vistas and creating things through technical skills there’s worrying need for technically qualified people with MTech due to the dearth that currently exist in the country especially in the research and development industry in the government as well as in the private sectors.
These sectors led to the massive employment generation in India. On the basis of our report, which concludes Bengaluru (35%) has the highest availability of job offerings in the IT Industry followed by Hyderabad (23%), Delhi (22.5%) and Ahmedabad (19%) and cities like Mumbai (15%) and Chennai (11%) have the least scope.
Whereas, for the MBA and E-commerce sectors, Delhi (37%) ranks the highest, followed byMumbai (28%), Bengaluru (21%), Ahmedabad (17%), Chennai (14%) and Hyderabad(12%) ranks the lowest, comparatively.
Rachit Jain, CEO of Youth4work.comsays, “that the technology always comes with something new and more advanced and there is a need that the employees must refresh their skills time to time.Creating more opportunities for the youth and to make India digitally strong our platform has been set up with the motive to uplift and reinforce the education, research and innovation capabilities.”