Monday, July 18, 2005

Contribution by Minister Chin Dae-je

Full

As widely known, India is a country possessing the world¡¯s top professional manpower in the software sector. For instance, India ranked 3rd in the world in the possession of IT professional engineers. About 2,000 educational institutions in India also produce 100,000 experts every year. Moreover, the country uses English as its official language. Owing to these merits, India has become the main country for the outsourcing of IT-related global enterprises with their headquarters based in the United States and Europe.

Now, India¡¯s dilemma is how to boost its value added software industry. In keeping with the advent of the ubiquitous era, major software enterprises in India are interested in the trend of pursuing close links between hardware technology and software technology. On the other hand, Korea is in shortage of software-related professional manpower to back up its IT manufacturing industry. The shortage of manpower in the nation¡¯s software development sector numbered about 18,000 in 2003. In case of the embedded software and its close relations with the IT839 strategy, insufficient manpower numbered some 14,000. Accordingly, the Korea-India cooperation is regarded as a meeting of the former, armed with the world¡¯s top-level IT manufacturing basis, and the latter, called the software power. The two countries agreed to cooperate in eight projects. India and Korea have agreed to cooperate in eight projects. Under the pact, Korean companies are able to use India¡¯s superior software technology and manpower easily and foster excellent SW manpower through education at top-class IT educational institutions in India. Korea possesses the world¡¯s top-level super-speed infrastructure, experience in building e-government and many advantages in hardware sectors, including mobile communication and IT manufacturing. With this experience, Korea has decided to cooperate with India in the construction of e-government and super-speed communication networks, as well as the mobile communication service sector. The Korea-India cooperation is expected to maximize synergy effects by developing the two countries¡¯ pros and cons into a mutually beneficial relationship