India running short of product managers,technical architects: Survey
Indian software product development companies are currently witnessing a dearth of product managers and technical architects, according to a study.
India currently has around 800 product managers and 2,500 technical architects though the demand for the same was three times more, according to Pari Natarajan, CEO of Zinnov, a consulting firm which has released the results of its annual survey on ‘Compensation and Benefits 2008.’
The average salary for technical architects rose from Rs 17.3 lakh in 2005 to Rs 18.85 lakh in 2006 and Rs 22.17 lakh last year due to the wide gap between demand and supply, the survey, which covered 40 software product development companies in Chennai, Bangalore, Pune, NCR region of the country, said.
The average salaries of product managers rose by 25 to 30 per cent, said Shammi from Zinnov.
Courtesy: Economic Times
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