Preview

Incredible India

Good Essays
Open Document
Open Document
1388 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Incredible India
CONTEMPORARY INDIA | The Great Indian Young Middle Class
If you are living in the UK or USA, chances are that every time you lose your credit card, buy an insurance policy, report a fault on your mobile phone, you have probably spoken to someone who is unfailingly courtesy and impeccable English. And the chances are very high that the response satisfied you. Millions of faceless voices toil away nights at business process outsourcing companies across India at the end of a telephone line.

Hungry, disciplined and highly educated, India's next generation of service sector employees are driving the economy to new heights. Earning more in a year than their parents could hope to make in their entire working lives, these 20 somethings are driving their country's growth and they will be the most voracious consumers of the next decade.

India's new call-centre generation is open to international influences. They are socially adventurous and culturally exploratory. They want the designer jeans and the parties. Working in a call centre in India offers millions of graduates a ticket to the good life. With their newfound economic freedom, they are a generation of spenders.

The great Indian middle class is roughly the same population as the entire United States and it has money to spend. In the quest for the better life, the new young Indian seems to find the all-American life accessible and affordable.

The media woos them, advertisers zero in on them, and companies court them. And, why not? According to estimates, 47 per cent of India's more than 1 billion people are under the age of 20. While India has a seemingly limitless supply of young minds that can take the country forward, there’s a wide gap between the old and new generations. But it’s not difficult to strike a balance between the two, as we have a society that has a pre-disposition to respecting older people.

Health of the nation
India is emerging a must-stop for health tourists. Yes, if

You May Also Find These Documents Helpful

  • Powerful Essays

    Callaghan and Thompson

    • 10910 Words
    • 44 Pages

    Call centres represent important new forms of work; both in terms of the increasing size of the sector and number of employees (Datamonitor, 1998) and through…

    • 10910 Words
    • 44 Pages
    Powerful Essays
  • Good Essays

    30 little turtles

    • 830 Words
    • 4 Pages

    the young adolescent entering the call centers already have college degrees, that benefits the U.S. as having means to obtain a financial secure job, depending on the demand for that specific field, but the Indian community even with their…

    • 830 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    This is especially true for the employment sector, where employers have failed to take advantage of the skilled labor force available from this population. Often, employers perceive older adults as fitting into one profile, not realizing that similar to the rest of the population, each senior citizen is unique, has unique skills as well as capabilities and needs. When this is taken into account, it means that some employers have been able to carefully select older workers to fill specific positions within the organization. I myself have had the privilege to work in various organizations during my senior years and had the opportunity to positively contribute to the wellbeing of society. Individuals aged above 50 years old are still running large companies in senior management positions while others are still able to work in labor intensive industries such as manufacturing and…

    • 923 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Midlife Transition

    • 1597 Words
    • 7 Pages

    As a culture we put a premium on youthfulness to ridiculous degree, people in other countries fight aging, but most recognize that older people may have grown wiser from their vast experience and should be valued and sought out for this…

    • 1597 Words
    • 7 Pages
    Good Essays
  • Best Essays

    Di Bella Case Study Final

    • 1823 Words
    • 24 Pages

    Saxena, R., Lanzeni, N., & Mayer, T. (2010). The middle class in India. Issues and Opportunities (pp. 1-7). Germany: Frankfurt: Deutsche Bank…

    • 1823 Words
    • 24 Pages
    Best Essays
  • Good Essays

    Indian economy today is very close to witnessing the prosperous ‘demographic dividend’ phase. As per its economic interpretation, ‘Demographic dividend’ is the period when a country has huge young population. In this phase the working population increases, consequently a country’s performing potential increases and the dependency ratio falls. But what is important for any economy is to ensure if it is ready for this phase? In order to reap the benefits of demographic dividend, we need to create a lot of sustainable working opportunities so that we can harness the maximum of our young population. I personally believe that we hold a lot of human resource; however the point to be improved on is their effective channelization. The classical…

    • 747 Words
    • 3 Pages
    Good Essays
  • Good Essays

    British Empire and India

    • 3730 Words
    • 15 Pages

    The Thar Desert is a sandy region that covers 100,394 square miles of land. It only receives ten inches of rain in one year. Camels are very important in the desert because they need some way of transportation.…

    • 3730 Words
    • 15 Pages
    Good Essays
  • Good Essays

    Crosscultural Issues in Hr

    • 4508 Words
    • 19 Pages

    Increasingly, for Indian companies, which are serving a diverse set of enterprises, spread across different geographies, grooming their staff on some simple and, yet, tricky culture issues, is getting increasingly institutionalised or becoming an expert outsourced option.…

    • 4508 Words
    • 19 Pages
    Good Essays
  • Powerful Essays

    |firms nowadays. For the strategic business development - that requires acquired skills for customer queries, solutions etc., Indian call-centers are at par with the |…

    • 2040 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Innovation in India

    • 1172 Words
    • 5 Pages

    The Indian society has transformed itself into a “careerist” type model since the advent of the IT Services Market in 1991 generating approximately 117 M jobs. This…

    • 1172 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Prasad

    • 1923 Words
    • 8 Pages

    There are huge openings in the government sector for the B.Com graduates. The candidate should have passed the degree from a recognized university. B.Com graduates can apply for outstanding jobs in the state as well as central government sectors. B.Com Graduates have the eligibility to appear for civil services exams.…

    • 1923 Words
    • 8 Pages
    Satisfactory Essays
  • Good Essays

    However, the author uses the last part of the book to bring optimism back into the canvas of the narrative and describes the circumstances in India after the economic reforms which changed the government policies. He stresses, as he had done earlier too, that India has immense potentialand as an evidence, posits that soon after the suppressed energies of enterprise were set free, India rushed into an economic growth spurt, spearheaded by the knowledge industry. He mentions how a new middle class is at the driving seat of this growth spurt and how it is changing the very fabric of Indian society, mostly for the…

    • 1011 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Indian Service Sector

    • 5050 Words
    • 21 Pages

    The service industry forms the backbone of social and economic development of a country. It has emerged as the largest and fastest-growing sectors in the world economy. The service sector has shown a growth rate higher than that of agriculture and manufacturing sectors. This sector covers a wide range of activities, such as trading, transportation, communication, financial, real estate and business services. In India, the services sector, as a whole, contributed as much as 68.6 per cent of the overall average growth in gross domestic product (GDP) between the years 200203 and 2006-07. The…

    • 5050 Words
    • 21 Pages
    Good Essays
  • Good Essays

    After independence as India moved from an agrarian to an industrial and manufacturing base there emerged a need for professionally equipped manpower for various production and managerial jobs. The complexities of business placed a demand for managers with in-depth knowledge across functions to smoothly conduct day to day business. With the opening up of borders in 1991 and increase in contribution from services sector, there is now a need for managers with service orientation to compete for market share and survival along with their professional skills and knowledge. Before proceeding further it may be pertinent to glance through the evolution of…

    • 2431 Words
    • 10 Pages
    Good Essays
  • Good Essays

    Organisation

    • 612 Words
    • 3 Pages

    India 2010 senses reports have showed that its population has 18 percent of the total worlds population.Its been proven that if india continues to increase its population by 1 percent every year then it would be the worlds most populous country by 2030. In order to overcome this india has to change its Framework for both education and the management of its workforce. The job market is mainly based on high-skill labour but the jobs are created for low skill labour this has become a very big challenge. india's working age population are less skilled then that of the other competitive countries.the huge growth in india's population will damage its infrastructure as it is being managed very poorly.62 percent of the total india's population belong to the working age group. India's workforce of ages between 15-60 is going to rise from 62 percent to alms 68 percent. This enormous increase in the workforce will give india great strength to increase their economy. The young demographics is a huge plus point for india.the skills of the labour mismatch and the shortage can heavily impact its economic as well as its was costs.As of 2010…

    • 612 Words
    • 3 Pages
    Good Essays

Related Topics