This is a striking assertion. In the Financial Times today, Francesco Guerrera in New York, Richard Waters in San Francisco and Rebecca Knight in Boston, quote the chairman of Wipro, Azim Premji,as saying:
"...the US faces a more acute skills shortage in information technology than India, blaming failings in America��s education system and restrictive immigration policies."
�There is a scarcity of IT professionals in the US,�� Mr Premji told the Financial Times. �Engineering is not growing talent, and that is a cause of concern.��
He said Indian groups would confound expectations of a looming skills shortage in the country and continue to draw on lower-cost, highly trained graduates to retain their technological edge.
Recently the news has been that India would face a shortage of talent, but, India is investing in its educational infrastructure and graduating many more engineers than in the US. This imbalance will cost the US dearly.
"Bill Gates, Microsoft��s founder, has been warning about the evaporation of interest in computer science at US universities for more than two years.
Jeffrey Immelt, GE��s chief, told a Washington audience in January that the US was on its way to becoming �the massage capital of the world��, with more students graduating in sports sciences than electrical engineering. "