India will overtake the United States as the world’s largest developer population centre by 2024, according to a Progressive Policy Institute report. The country currently has 1.67 million app economy jobs, up 39% from 2016, while the US had 2.24 million developer jobs as of April and the European Union 2.1 million as of July. Within India, Bengaluru tops the charts with 362,000 jobs, followed by Delhi (248,000) and Mumbai (137,000). Estimates suggest that the internet economy may contribute up to $538 billion to the GDP by 2020, nearly half of which will come from apps.
Are the new developers getting the requisite high-end skills? Are we geared up to extract commensurate value out of this numerically strong position in five years time?
Indian talent was always helping solve problems in the US since independence. Doctors, engineers, traders etc. However till mid 1980’s, it was just ” Brain Drain” .
TCS etc. were already doing ” Body shopping” by which programmers were sent to US. However, systematic outsourcing started with GE. And a decade later, GE started the Business Process Outsourcing industry as well.
Today, the IT-ITES industry earns 190 billion $. Tata Consultancy Services has a market cap greater than IBM. Infosys is #3 on the most regarded companies list worldwide.
India’s software competitiveness & process leadership in the world is being challenged like never before by China. The fantastic investments China has made to build the best of process capability since ~2010 is to be seen to be believed.
The best way to understand the Chinese software development race with India is by breaking up the recent 30-year period into decades starting 1999. India was at the forefront of software engineering & process maturity in ‘99; China was nowhere near.
I strongly believe India will overtake US Developers in term of size as well as quality & productivity too.
In United States of America 75 developer out of 100 is Indian, this will help to stop drain of brain too.
India will have developers similar to technical support executives. if we don”t change our mindset and start solving our own problems via technology.
Its high time all state governments realize the importance of exposing the talent in tier 2 cities. India will emerge as startup capital of the world if the talent in tier 2 cities is tapped well. No Wonder! I think the numbers in the top 4 cities will be even higher if tier-2 cities don’t catch up.