The Indian Service sector was the first to unfurl the dawn of a new era. With the advent of the IT sector, there was a great boom in the Indian job market. Skilled professionals ended up making big sums while their peers in other sectors toiled without a chance of competition. The industry continues to thrive through the dot com bust and the global financial crisis. But in the aftermath of the 2008 meltdown, the effects are hugely being felt not just in the Indian IT sector but in the Indian private sector as well. The announcement of quarterly reports by Indian IT bigwigs Infosys and TCS has put a great concern among the Indian youths. The paucity of jobs in the Indian IT sector has led to fears of unemployed youths rising in India.
The vision of Prime Minister Narendra Modi has to be therefore, lauded. Having seen the potential of Indian startups, he is firm in his belief of making India a manufacturing hub. The ‘Make in India’ campaign has been initiated to usher in a new era of Industrial Revolution in India. Having traveled far and wide and with tax breaks and other sops in tow, Mr. Modi has seen the investments transforming from trickle to a steady stream. This investment, though, could be in a danger