I'm off to Boston in a few hours. I leave convinced about the magnitude of change that the IT sector will continue to make for the Indian economy. The IT sector produced $18 billion worth of exports last year and is poised to grow to $60 billion by 2010. It employs 800, 000 directly and 2.5 million indirectly. By 2010 the sector would employ 2.3 million. The effects are seen everywhere. The confidence exuded by the young IT professions is infectious. Office parks are emerging everywhere. As reported earlier, once inside a office we could be in Boston or NY. The number of cars on the street are growing exponentially and parking companies are sprouting everywhere :-) Based on the McKinsey-Nasscom report, it is expected that many Chennais and Gurgaons are need by 2010. While all these numbers are staggering, it is the expectations and pride of the folks that I met during my daily visits and the interactions with students from
GLIM that I will remember for a long time.