The demand for new skilled workers with new skills in the service sector and manufacturing is increasing rapidly. This is a special occasion for India. Due to globalization, countries of the world need new skilled professionals in the field of technology and information technology.
India is getting any benefit due to globalization. Therefore, it has to work in a strategy to train and educate a large number of skilled professionals in ‘outsourcing’, especially in the IT and service sectors, to reap the benefits.
India’s initiative of South Asian Free Trade Agreement (SAFTA) and BIMSTEC (BIMSTEC) puts it at the top as compared to other countries in this era of globalization. India has a unique identity as an advocate and lobbyist for regional economic integration. Due to this the demand of Indian professionals has increased in the world. India’s economic policies, geopolitical developments and global economic trends are paving the way for India’s progress on the world stage today.