Can India replace China as world’s manufacturing hub?
The question is often asked, but seldom answered. The reason: there is no good answer; no one knows if this is possible in the near future. There is a wishful thinking and a hope, but no clear proof so far.
China has established itself as a dominant force in the manufacturing arena. Chinese have experience, which is hard to replace or reproduce. They have infrastructure specifically designed for outsourced manufacturing and they have no shortage of labor. As a result, ‘Made in China’ is a world force to reckon with.
However, China may be reaching its capacity in manufacturing labor. The wages are going up, the labor market is becoming more demanding. There are only so many workers you can hire at the rock bottom wages.
Necessity is the mother of invention, they say. The western companies need to find an alternate to China; they need a back-up plan at the very least. That’s why more and more companies are looking towards Indonesia, Vietnam, and oh yes…India.
India is world’s second most populated country; no shortage of worker here. hence the question: Can India replace China as a manufacturing hub for the western companies? If you ask anyone including the Indian Government, the answer is Yes, with an ‘*’. Anything is possible, as they say and India has the size to stand against China. So what is the problem? Why India has not made much progress in this area?
Well, there are many ‘problems’, not just one. Continue reading “Why not ‘Made in India’?”
Climbing the corporate ladder: The ‘top executives’ in USA and the path to the top jobs
A job in the IT field or a small businesses ownership – when it comes to the favorite employment preferences of the Indian Americans, these are the two most common perception. The new generations of Indian engineers and medical professionals are crowding the US industries. The thrifty approach of first generation Indians over the decades continue to contributed towards successful family businesses as well well as upbringing of a highly educated second generation of American Indians.
One field where Indians have not fully caught up is the top executive tier of the US companies. While we continue to move into the middle class management, the success in the top tier jobs is not that prevalent.
One thing to keep in mind, there are only limited numbers of top executive jobs. There is only one CEO, CFO or COO in a company – large or small. There could be many head-of-department positions in larger corporations but the numbers are relatively small. So, this could be one of the reason for limited success beyond middle management; there are just not that many jobs for top executives and competition is fierce for this cream of the crop.
The ‘top executives’: A summary
Based on the Bureau of Labor Statistics (US Department of Labor), here is an insight into the American ‘top executives’:
What Top Executives Do
Top executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations. Continue reading “The top executives in America… and the path”
An old story:
The Ant works hard in the withering heat all summer building its house and laying up supplies for the winter. The Grasshopper thinks the Ant is a fool and laughs & dances & plays the summer away. Come winter, the Ant is warm and well fed. The Grasshopper has no food or shelter so he dies out in the cold.
The Indian Version:
The Ant works hard in the withering heat all summer building its house and laying up supplies for the winter. The Grasshopper thinks the Ant’s a fool and laughs & dances & plays the summer away. Come winter, the shivering Grasshopper calls a press conference and demands to know why the Ant should be allowed to be warm and well fed while others are cold and starving. NDTV, BBC, CNN and other media outlets show up to provide pictures of the shivering Grasshopper next to a video of the Ant in his comfortable home with a table filled with food. The World is stunned by the sharp contrast – ‘How can this be that this poor Grasshopper is allowed to suffer! What an injustice!!’
So, Arundhati Roy stages a demonstration in front of the Ant’s house. Medha Patkar goes on a fast along with other Grasshoppers demanding that Grasshoppers be relocated to warmer climates during winter . Mayawati states this as `injustice’ done on Minorities.
Amnesty International and United Nations criticize the Indian Government for not upholding the fundamental rights of the Grasshopper. The Internet is flooded with online petitions seeking support to the Grasshopper, many promising Heaven and Everlasting Peace for prompt support as against the wrath of God for non-compliance.
Opposition MPs stage a walkout. Left parties call for ‘Bengal Bandh’ in West Bengal and Kerala demanding a Judicial Enquiry. CPM in Kerala immediately passes a law preventing Ants from working hard in the heat so as to bring about equality of poverty among Ants and Grasshoppers. Lalu Prasad allocates one free coach to Grasshoppers on all Indian Railway Trains, aptly named as the ‘Grasshopper Rath’. Continue reading “The Ant and the Grasshopper – The Indian Version”
Which country is best for an immigrant?
It depends. It depends on what is most important to you and how you rank associated facilities and conveniences.
There are all kinds of surveys where expats are asked their opinion about their destination country and their personal experiences. . The surveys often provide an insight into the expat life abroad.
The main factors that are important to anyone living abroad are:
Economics: The jobs and occupations, employment, earning levels, spending, saving and investing etc.
Living Experience: The quality of life, ease of relocation, social circle, friends and family etc.
Raising Children and family Abroad: The childcare, health benefits, family friendly environment and education etc.
Based on a survey by the Expat Explorer, here are the results – best countries for an expat to live abroad.
Overall Ranking – Taking everything into account – the local economy, living experience and raising a family, here the top countries :
1. Hong Kong
5. United Arab Emirates
6. United States
7. Saudi Arabia
8. United Kingdom
10. Cayman Islands
12. Spain Continue reading “The best countries to live abroad”
If you have an idea, make it happen! That is what ‘Google for Entrepreneurs‘ says! The Google wants to make new start-ups easier for the entrepreneurs. The mega-company already provides Internet-related products and services, including internet search, cloud computing, and software and advertising technologies; this is one more feather in the giant cap that Google wears.
This is a fantastic news for those who need some help with converting their ideas into a tangible service or product. This new initiative help you discover local programs and online resources to launch and scale your business. Many individuals, many companies and different start-ups are already joining the program to ‘Connect, learn, and grow through programs from Google and local partners’.
For those interested in exploring this, you can find workshops, networking events, mentoring sessions, and much more under Events.
There are all kinds of resources that you can utilize to grow your business with tools and online resources from Google. Continue reading “Google for Entrepreneurs – Polish that idea!”
BLS 2010-2020 Projections: Employment change by occupation
The US Bureau of Labor Statistics (BLS, the Bureau) is the principal fact-finding agency for the Federal Government in the broad field of labor economics and statistics. This BLS survey highlights the forecast on employment changes for different occupations.
Demand for jobs and occupations is affected by industry growth or decline. Many factors, including productivity and changes in business practices impact this job growth. Based on BLS survey, these are the latest projections on employments changes for major occupational groups for the period of 2010 to 2020:
Healthcare occupations: Employment among healthcare occupations is expected to increase by 29 percent. This growth, resulting in 3.5 million new jobs, will be driven by increasing demand for healthcare services. As the number of elderly individuals continues to grow, and as new developments allow for the treatment of more medical conditions, more healthcare professionals will be needed. Within this group, two occupations are expected to add a substantial number of jobs: registered nurses, with some 711,900 new jobs; and home health aides, with roughly 706,300 new jobs. Much of the growth in this pair of occupations will be the result of increased demand for healthcare services as the expanding elderly population requires more care.
Personal care and service occupations: Employment in personal care and service occupations is anticipated to grow by 27 percent over the next decade, adding more than 1.3 million new jobs. As consumers become more concerned with health, beauty, and fitness, the number of cosmetic and health spas will rise, causing an increase in demand for workers in this group. The personal care and service group contains a wide variety of occupations; however, two of them—personal care aides and childcare workers—will account for nearly two-thirds of the group’s new jobs. Personal and home care aides will experience increased demand as a growing number of elderly people require assistance. Childcare workers will add jobs as the population of children continues to grow and emphasis is increasingly placed on the importance of early childhood education, resulting in more formal preschool programs. These programs will increase demand for both childcare workers and preschool teachers. Continue reading “Jobs and occupations in high demand : 2010-2020 Projections”
2010 to 2020 US Jobs and Employment projections by race, ethnic groups and by age
Just like the US population, the American labor force is growing more slowly, becoming older and more diverse. U.S. Bureau of Labor Statistics (BLS) study highlights the jobs and employment projections by race, ethnic groups and by age.
The labor force, in these stats, is composed of all persons 16 years and older in the civilian noninstitutional population who either are employed or are unemployed but available and looking for work.
Here are the key highlights (Click on the charts on the right for bigger image):
- The civilian labor force is projected to reach 164.4 million by 2020, an increase of 6.8 percent.
- The U.S. workforce is projected to become more diverse by 2020.
- Among racial groups, Whites are expected to make up a decreasing share of the labor force while Blacks, Asians, and all other groups will increase their share (Chart 2).
- Among ethnic groups, persons of Hispanic origin are projected to increase their share of the labor force from 14.8 percent to 18.6 percent.
- The Asians are projected to increase their share of the labor force from 4.7 percent to 5.7 percent.
Continue reading “2010-2020 US Labor Force forecast by race, ethnic groups and by age”
2010 to 2020: US Jobs and Employment change projections by industry
Based on U.S. Bureau of Labor Statistics (BLS), the total employment is expected to increase by 14 percent from 2010 to 2020. However, the 20.5 million jobs expected to be added by 2020 will not be evenly distributed across major industry and occupational groups. Changes in consumer demand, improvements in technology, and many other factors will contribute to the continually changing employment structure of the U.S. economy.
The underlying analysis (of BLS employment projections) uses currently available information to focus on long-term structural changes in the economy. This post examines the projected employment change within the industries:
The employment shift in the U.S. economy away from goods-producing in favor of service-providing industries is expected to continue. Service-providing industries are anticipated to generate nearly 18 million new jobs. As with goods-producing industries, growth among service-providing industries will vary (Chart 5 below).
Healthcare and social assistance: The healthcare and social assistance industry is projected to create about 28 percent of all new jobs in the U.S. economy. This industry—which includes public and private hospitals, nursing and residential care facilities, and individual and family services—is expected to grow by 33 percent, or 5.7 million new jobs. Employment growth will be driven by an aging population and longer life expectancies, as well as new treatments and technologies. Continue reading “US Employment forecast by industry: 2010-2020”
The US Bureau of Labor Statistics (BLS, the Bureau) is the principal fact-finding agency for the Federal Government in the broad field of labor economics and statistics. The latest study on 2010-2020 projections correlates the overall employment with the US population:
Continue reading “2010–2020 Projections: US Population and Labor Force”
The US Bureau of Labor Statistics (BLS, the Bureau) is the principal fact-finding agency for the Federal Government in the broad field of labor economics and statistics. Here are some of the latest projections on employments and occupations outlook for the next 10 years:
- Total employment is expected to increase by 20.5 million jobs from 2010 to 2020, with 88 percent of detailed occupations projected to experience employment growth.
- Industries and occupations related to health care, personal care and social assistance, and construction are projected to have the fastest job growth between 2010 and 2020.
- Jobs requiring a master’s degree are expected to grow the fastest, while those requiring a high school diploma will experience the slowest growth over time-frame.
- Slower population growth and a decreasing labor force participation rate are expected to lead to slower civilian labor force growth.
Continue reading “2010–2020 USA Employment Projections”
Study India Programme (SIP) for Non-Resident Indians and Persons of Indian Origin
The Study India Programme (SIP) is sponsored by the Government of India – The Ministry of Overseas Indian Affairs. The program invites the youth of Indian diaspora living abroad. Think of it as a summer school course in an Indian University, a lot different social experience compared to America or Europe. The foreign citizens of Indian origin in the age-group of 18-26 years can apply and qualify for the short term courses that familiarize them with the Indian art, culture, heritage, history, emerging economy and overall development of India. Ministry of Overseas Indian Affairs websites states, “Such short term courses shall aim at providing an opportunity to the overseas Indian youth to better understand and appreciate contemporary India, foster closer ties with the land of their ancestors and enhance their engagement with India.” Continue reading “Study India Programme (SIP) for NRIs and PIOs”
“You can easily find an Engineering job in your field in America… no problem for a smart guy like you…”
“There is no shortage of work for Indian Engineers…this is just the fact…”
“You will find something – something good, no problem….”
….. Back home in India, just like any typical Indian family, everybody was full of advice. Everyone had told him that it was very easy to get an engineering job in America.
“You can make lots of money in a few years”, His future father-in-law told him at the time of his engagement 3 years ago. A year after that, he was married to Anu.
He used to be very optimistic about his career in USA, so was the rest of his American family – his in-laws.
He had big dream. After all, nobody dreams small.
Once in US, he was greeted by his wife and her family and they welcome him into their home. His old classmates, now living within driving distance, came to visit him.
He was treated like a guest for many months. However, he soon realized, you cannot be a guest for too long. He had to figure out the next step – the job. With all the expenses and cost of living, he needed a job soon. His parents and siblings back home were already calling to check on him; to see when he might send them some money, like every other NRI does.
After a few months, the tone of the advice changed:
“You just need to try a bit harder, maybe try something in lower pay scale to gain some experience…”
“Find a way to get your foot in the door…”
“My cousin started as a technician; now he is the director of engineering…but they are not hiring…”
“You cannot give up…We never give up…”
“You will find something – may be not that good but something… something good….” Continue reading “Just a job”
“Are you going to bring the girl with you?” Hira asked right away.
There was a long silence at the other end.
“I was not planning on it.” Rajiv replied.
“Okay” Hira said after a pause.
“I was going to come over by myself this morning….if that’s okay with you.”
“Come on over, we can talk!” Hire said and put down the phone.
Hira Patel got up slowly. Rubbing his eyes, he dragging himself out of the large wooden chair. His dark brown shirt was tucked inside the khaki rumpled pants, over his protruding belly. The receding hairline made him look much older than his age of 45. Warm air from a small electric heater next to the chair made him sleepy; he did not realize he was dozing off.
He looked out of the window into the deserted parking lot. Then, he checked the the coffee pot next to the reception desk and walked back to the chair.
“It is so chilly outside, and it is not even December yet!” Rajiv said as he pushed open the door and walked in.
“Yes, the winter is coming! How are you, Desai Sahib?”
“I am good, not bad. How is the business?” Rajiv walked over, they shook hands.
“Slow, very slow! Nobody is spending like good old days!”
Rajiv looked around.
“Have a seat,” Hira gestured to the empty wooden chair that Rajiv was already walking towards. “Do you want some coffee? It is freshly made.”
“No, no!” Rajiv replied looking at the big coffee pot with white plastic cups and a sugar jar next to it. Continue reading “Her first job in America”
Jobs and occupations – Evaluating your current work options!
Tokyo Women’s Medical University study, published in the American Journal of Hypertension, shows that many workers suffer a significant increase in blood pressure as they return to the office after the weekend.
Other researches show that the most common day for heart attacks is Monday. Statistics spike on Monday mornings, in particular, since heart attacks occur between 4 a.m. and 10 a.m. more than any other six-hour period.
How much do you really like your job or occupation? How you feel on Monday morning may be the real test of your career choice and the occupation. There are very few who enjoy waking up Monday morning, looking forward to the work. After a relaxing weekend, nobody want to go back to the job routine. After all, as name says it all, work is just that – work!
Most of us work as a necessity; there is no choice but finding a way to make the living. There are very few who have combined their work with their favorite hobby. If your work is also your hobby, well then you may not know much about the Monday morning blues! Continue reading “Are you in the right Job or occupation? The Monday morning test!”
United States welcomes prospective Indian students
US Embassy Press release; July 28, 2011, New Delhi
“The United States is proud of its record of welcoming foreign students, and in particular the numerous Indian students who enrich America’s academic communities. The number of Indian students who have applied for visas to study in the United States increased by 20% over the same period last year. This increase is an indication of the dynamism of the Indo-U.S. partnership and the strong people-to-people ties between the two nations. It also reflects the desire of high quality Indian students to pursue a world-class education in the U.S.
Prospective students are strongly encouraged to take advantage of the free resources offered by the U.S. government and fully research the academic options available to them. The Embassy is to provide accurate, free information that allows students and their families to research schools and to protect themselves from visa fraud rings. All legitimate students have a fair chance to study in the U.S.
As always, the U.S. government urges all prospective students to fully research their chosen educational institutes and have a firm grasp of what is and is not permitted under a student visa. In particular, all students must be aware that any of the following will result in an immediate violation of status:
- Lack of physical attendance at classes (taking only online courses is not acceptable)
- Failure to maintain a full courseload
- Unauthorized employment
Violating the terms of a visa can result in deportation, arrest and even a bar on future travel to the United States. If any educational advisor or academic organization suggests that such actions are permissible under a student visa, we strongly recommend students contact the Embassy immediately in order to prevent committing visa fraud. It is the responsibility of the student to ensure that he or she is in accordance with the law. Continue reading “USA welcomes prospective students from India”