IT sector jobs to remain stable at least till 2020: Min

Jobs in the Indian IT sector are likely to remain stable at least till 2020 as per a report from World Economic Forum, Parliament was informed on Friday.

"According to a research report from WEF released recently, jobs in India's IT sector are likely to remain stable at least up to 2020," IT and Communications Minister Ravi Shankar Prasad said in a written reply to Rajya Sabha.

Prasad further said according to Nasscom, the Indian information technology and information technology enabled services industry continues to be the largest private sector employer and a net hirer of personnel and employs about 3.7 million people.

"Further, as per Nasscom-Mckinsey study 'Perspective 2015', about 1.2-2 million people will be added to the IT-ITeS workforce by 2020," the minister said.

The image is used for representational purpose only. Photograph: Reuters