IT boom weaning off now, says former ISRO chairman G Madhavan Nair

IT boom weaning off now, says former ISRO chairman G Madhavan Nair

“Everybody is satisfied with doing some ordinary things and unless we challenge ourselves, we will be left out,” said G Madhavan Nair. Eminent space scientist G Madhavan Nair said today the IT boom is going bust with increasing automation leading to shrinking employment opportunities for freshers even as he favoured Indian companies focussing on creation of high end jobs and the domestic market. The former Indian Space Research Organisation chairman said he had mentioned a couple of years ago that the so-called IT boom would go bust and “that is the phenomena we are now seeing”.

“The recruitment for freshers […]

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