*OT*India sitting on $1-trillion goldmine, says IT expert Michael Dertouzos (MIT)
Our Bureau
NEW DELHI, Feb. 8
INDIA is sitting on a $1-trillion opportunity in the unfolding Internet-facilitated business world, especially if it can offer information services to the industrialised world's economy, according to Prof. Michael Dertouzos, Director, MIT Lab for Computer Sciences, US.
He said 50 per cent of the industrialised world's economy, which works out to $10 trillions is ``blue-collar work', which can be processed and delivered through the Internet.
The 50 million Indians who can read and write English and deliver office work (who will each get a minimum of $20,000 annually), have the potential of converting this into a business opportunity, Prof. Dertouzos, an IT consultant to several Fortune 500 companies, said at the IT-Asia expo here......
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