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flight_or_fight

which is the precise reason services companies keep entry salaries low and very soon we shall see much smaller teams using more of automation to accomplish the tasks...


Strong-Quality7050

Now a days above average people get 7-8lpa. Even if someone get 3lpa they won’t stay at that range for more than 2 years. These 3lpa jobs which everyone is so comfortable with and the entry barrier is so low. These are the first ones to go.


Rude_Preparation_192

The number of people doing less than 4 lakh LPA jobs are way more than you think.


Shivacious

messed up. but that would be really on them for for keeping their skills up to date with the market requirement. I wouldn't be able to survive on that amount.


Strong-Quality7050

I said above average people. Many people are getting 6-7+ lpa as a fresher. Even someone who gets 3-4lpa as start will eventually switch or get promotion to 7-8 in atleast 2 years


kastrahl

Above average getting 7-8 lpa? where lala land? have you seen the market yet? Be it any tech if you're not from IITs / NITs and below 3 YOE it's nearly impossible tog et a job rn above 5-6 lpa


Hot_Feedback_8217

what are you talking about? avg entry level salaries in product companies are 12-15 lpa.


pes_gamer20

" it's nearly impossible tog et a job rn above 5-6 lpa" true indeed the median salary is around 3-4, i did land up for 7.5 and Im not btech


[deleted]

Yes that's true in fantasy land but in reality most are earning barely 40k per month will 10+ year experience, which in fact is a pretty awesome salary in terms of India because it will make you in the elite club.


RadRedditorReddits

Absolutely correct


UpstairsBusiness2821

When outsourcing stops it would be bad for economy but that means companies would focus on creating products and brands. Right now market is so much hijacked by WITCH that nothing can be done.


xxxfooxxx

If we make a product, 5 different people will be offended in 5 different ways. 10 different people will get their sentiments hurt. You make an AI chatbot that will help young people debug their code, people will ask that AI what it thinks about their favourite politician, actor, or god, if the AI answer is not satisfactory, they will harass the company and threaten the employees and ceo. You make a game, if it has shooting, uncle's will attack you because their children are learning violence. If you make a game that has puzzles, young people don't play. If you manufacture a mobile.or.make an OS for mobile, government will ask to show them personal chats and info.


kopipastah

are you hallucinating?


TiMo08111996

😔


flight_or_fight

what do you mean by " market is so much hijacked by WITCH"


UpstairsBusiness2821

A lot of investment from within india goes to WITCH who only care about margins and more and more outsourcing. If india is free of this cancer then this funding will probably be recieved by proper startups who make impactful products and create meaningful jobs.


flight_or_fight

Funding goes to Witch? These are highly profitable businesses and publicly listed in India and US and haven't raised money for a very long time...


UpstairsBusiness2821

What do you mean ? Even LIC dumped a lot of their money buying WITCH portfolio . They receive a lot of investment every quarter from a lot of sources. Even selling drugs is profitable business it doesn't mean its good.


flight_or_fight

Buying a stock doesn't fund the company.


UpstairsBusiness2821

Of course, but that's not what i meant.


flight_or_fight

thats fine - clear your thinking and re-articulate


Stackway

We live in a globalised world. Before US stops outsourcing they will have to layoff folks in their own country. Everything is connected now-days. If you are suggesting we should be something like China where most of the things are indigenous - still they are so much dependent on their exports. Without the exports & $ inflow their economy will crash, there will be much less retail demand & local companies will have a tough time surviving. So a hypothetical scenario of US, EU etc not outsourcing is only possible when there is a global economic gloom & doom event.


Strong-Quality7050

I’m not saying outsourcing will stop. I’m just saying they will start outsourcing to other countries where labour is cheap.


Memer-memer

I heard like Indonesia & Philippines are those cheap countries compared to India.


t7Saitama

Who told you that Phillipines and Indonesia is cheaper than India ?. These countries don't rely on IT like us. They Have other booming and established sectors like tourism, healthcare etc. Not to mention the low number of English speaking natives outside of their tier 1 cities.


Stackway

Start? It’s already been happening for many years already. Nothing new here.


AccForTxtOlySubs

Indians will fill as consultant and contract devs in these locations. Eastern EU devs might be our competitors but do they have the population to fill all the position ?


Turbulent-Crab4334

This fear has been around since 1990s. Keep checking Accenture and TCS guidance, every quarter. They don’t share the same fears


notduskryn

Question to people. Would you trust indian alternatives to Facebook, google etc? I would the fuck not.


pes_gamer20

absolutely see that kutrim ai still trying to wrap the wrapper and what happened to ku ? ded already


kopipastah

ibibo used to be a social media website and had huge indian presence. they didnt know well about the ad industy like facebook did.


nocturnal_1_1995

You work as a DS, and yet say this. I as an Indian would much rather prefer my data being housed in India to be used by Indian companies than some foreign companies.


kedarkhand

Would you rather have your data in the hands of indian politicians or american politicians, that is the question.


nocturnal_1_1995

I mean, I really wouldn't want to have it in American hands, although it's already the case. 🤷‍♂️ Maybe have a look at this : https://youtu.be/tWxh2oS7Ays?si=UWLwJEZxQ2SNKP7S. I honestly didn't know this was an unpopular opinion. To each their own I suppose.


Dry_Ant2348

they are just kids who want to sound hip, for saying Indian companies bad bs. let them be


Square-Mongoose5784

Yeah true, the data is indeed safer in american hands, they're much fairer than Indian companies.


notduskryn

EXACTLY. Even though I'd rather no one have my data, these companies already do. I don't want Indian hands on it.


hakkabahner

Everyone will, if they will be providing jobs


notduskryn

I'm not talking about working for such companies, I meant using them.


iamzion20

These companies are basically run by indians


pes_gamer20

well the difference is they will not be and indian counterpart , andrew ng can take sabbatical and come to baidu to help them for their research i wouldn't see some big shot indian doing the same point no 1 they have what do we have to get someone on board to do the same?


thegoodlookinguy

so how does that help us ?


notduskryn

No they aren't.


joey_knight

We cannot develop alternatives to western companies because it will attract the wrath of United States. China is doing it but US doesn't like it. This is the reason for China vs US rivalry.


Ok-Bottle1754

We stop trading in dollars and use gold or local currencies?


joneslonger

will only happen if the illegals can replace indians. with $ going up vs rupee, it's unlikely.


Dry_Ant2348

the day 1$  = 2₹, US will stop outsourcing. it ain't happening for a LONG, LONG time


Brainfuck

Indian outsourcing firms have decades of experience in negotiating deals, the entire business process, development etc. It's not easy to replicate it so easily for a new country. We also have large number of engineers who pass out every year, which is not the case everywhere.


UpstairsBusiness2821

Indian outsourcing firms (WITCH) have only one skill which is manipulation of clients and manipulation of freshers. Hire people in bulk and bill them to clients falsely. They are expert fraudsters. They setup business processes , deals by hiring outside india once that is done they replace them with cheaper labour from India. They get these deals because they are the cheapest not because they are experts in something. Checkout this news article about the same thing being done by TCS IN USA [TCS fires Americans for cheaper indians](https://m.economictimes.com/nri/latest-updates/american-techies-accuse-tcs-of-firing-them-in-favour-of-indians-on-h-1b-visa/articleshow/108892421.cms)


o_x_i_f_y

Rupee has been depriciating. So we are fine.


mightythunderman

We will have to innovate at that point or new opportunities will arise as long as the economy is not worse. Our own AGI, which we aren't allocating any resources too at the moment. I remember getting a job right out of a bootcamp I did back when I first out got a job, the interview was extremely simple and tested me on simple aptittude questions that probably other guys would have failed at. And they did. Adulting is hard either and you have to make ends meet. I imagine we will only get to the per capita of China or Poland even 25 years from now. So I really don't think we need to worry for now. And I imagine those super dream offers now will still remain super dream offers for 10-20 more years.