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CHINA'S THREAT TO INDIAN IT INDUSTRY FAR AWAY: STUDY.
NEW DELHI, Feb 1 Asia Pulse - China may have stolen a march on India in manufacturing but it will take years before it can catch up with its neighbour in information technology, says a study conducted by consultancy firm Mckinsey.
"It will be many years before China poses a threat to India in IT. For starters, the Chinese must consolidate their highly fragmented industry to gain the size and expertise needed to capture large international projects. Currently, there is little movement in this direction," the study said.
Shortcomings in the structure of China's IT industry prevent it from taking full advantage of fast increasing number of engineering graduates, software-applications professionals and English-speaking graduates, the study said.
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