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Draught of Indian talent? IT biggies to woo foreign grads
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Draught of Indian talent? IT biggies to woo foreign grads
Indian IT companies are attracting talent from German, Swiss and Austrian University to work in India as paid interns.
Infosys, Wipro, Cognizant and Mindtree are among the nine companies that have taken the lead by joining hands with the Frankfurt-based Vibe Internships to create 50 paid internship positions in Mumbai, Chennai and Bangalore, said Dr Karl Kurbel, Project Supervisor of Vibe Internships and head of the Business Informatics Chair at the European University Viadrina (EUV).
The interns will be paid between 150 euro and 600 euro (approximately Rs 10,000-Rs 40,000) a month for three- to six-month projects for business development, test automation, software development etc, Dr Kurbel told Business Line on telephone from Frankfurt. (Interestingly, Vibe Internships was established as a students` project at the EUV.)
Traditionally, European countries have not been too gung-ho about sending IT jobs overseas largely because of cultural issues and linguistic barriers. Unlike in the US, where expatriate Indians run the client-facing business, companies in Germany prefer to deal with local talent.
As of 2008, the market for IT services in Germany was 33 billion euro. While the case for offshore services is slowly registering in the minds of German managers, only a very few really believe it is a strategic imperative.
This programme could help clear misgiving about offshoring causing job losses, as the participating offshore firms will create a significant number of new employment opportunities for top talent in Germany, said Mr Peter Schumacher, President and CEO of Value Leadership Group, a strategic management consultancy firm, which advised Prof Kurbel and Vibe Internships for the initiative.
Indian IT firms are evaluating this initiative in the context of their market development and brand building strategy for Germany. "As part of our brand building initiatives in Germany, we will get these interns to work out of our centres here as a result of which they will gain considerable exposure to the global delivery model. Our endeavour is to hire the best of these interns for client facing operations in Germany," said Ms Nandita Gurjar, Senior Vice-President and Global HR Head, Infosys Technologies.
Mr Puneet Jetli, Head, People Function, at the Bangalore-based Mindtree Consulting, said the company was still working out the stipend details for the initiative. "We will try to structure the stipend in such a way that the interns can help recover the costs as well as see a bit of India," he said.
Cognizant, Hexaware and L&T Infotech have also agreed to participate in this internship programme.
Source:
http://www.siliconindia.com/shownews/Draught_of_Indian_talent_IT_biggies_to_woo_
Infosys, Wipro, Cognizant and Mindtree are among the nine companies that have taken the lead by joining hands with the Frankfurt-based Vibe Internships to create 50 paid internship positions in Mumbai, Chennai and Bangalore, said Dr Karl Kurbel, Project Supervisor of Vibe Internships and head of the Business Informatics Chair at the European University Viadrina (EUV).
The interns will be paid between 150 euro and 600 euro (approximately Rs 10,000-Rs 40,000) a month for three- to six-month projects for business development, test automation, software development etc, Dr Kurbel told Business Line on telephone from Frankfurt. (Interestingly, Vibe Internships was established as a students` project at the EUV.)
Traditionally, European countries have not been too gung-ho about sending IT jobs overseas largely because of cultural issues and linguistic barriers. Unlike in the US, where expatriate Indians run the client-facing business, companies in Germany prefer to deal with local talent.
As of 2008, the market for IT services in Germany was 33 billion euro. While the case for offshore services is slowly registering in the minds of German managers, only a very few really believe it is a strategic imperative.
This programme could help clear misgiving about offshoring causing job losses, as the participating offshore firms will create a significant number of new employment opportunities for top talent in Germany, said Mr Peter Schumacher, President and CEO of Value Leadership Group, a strategic management consultancy firm, which advised Prof Kurbel and Vibe Internships for the initiative.
Indian IT firms are evaluating this initiative in the context of their market development and brand building strategy for Germany. "As part of our brand building initiatives in Germany, we will get these interns to work out of our centres here as a result of which they will gain considerable exposure to the global delivery model. Our endeavour is to hire the best of these interns for client facing operations in Germany," said Ms Nandita Gurjar, Senior Vice-President and Global HR Head, Infosys Technologies.
Mr Puneet Jetli, Head, People Function, at the Bangalore-based Mindtree Consulting, said the company was still working out the stipend details for the initiative. "We will try to structure the stipend in such a way that the interns can help recover the costs as well as see a bit of India," he said.
Cognizant, Hexaware and L&T Infotech have also agreed to participate in this internship programme.
Source:
http://www.siliconindia.com/shownews/Draught_of_Indian_talent_IT_biggies_to_woo_
