Role of Software Industries in the Transformation of Durgapur’s Economy
Last week, whilst my sister was given a position in a famous IT employer of Durgapur, I remembered how immensely I used to look for a web improvement task here, returning in 2007. What changed into lacking again then was the IT literacy of most of the humans of the metropolis, compelling the entrepreneurs to suppose that it was no longer an excellent commercial enterprise to deal with here? But the state of affairs has changed now. Finding an IT company in Durgapur does not take a great deal of time today. With the development of technology and a massive call for IT-associated offerings in distant places, the businessmen of Durgapur are finding this enterprise pretty rewarding to invest their capital in it. The way the companies are mushrooming up in nearly every alley, if it continues on this way, the saturation factor may be reached quicker.
But what turned into the picture a few many years returned?
As a neighborhood inhabitant, I have Durgapur very intently. Once a rural place, Durgapur has now emerged into a commercial belt with the populace growing nearly every day. According to the 2011 census document, the full population of Durgapur is 5,66,937, which is about 1.39% greater than the 2001 population census. But the alternative didn’t occur one night. Being predominantly an agriculture-primarily based location, Durgapur’s development graph as an industrial belt had started to enlarge some 50 years back. At the same time, the chief minister of West Bengal, Dr. Bidhan Chandra Roy, took an undertaking to make Durgapur an industrial belt, ensuring, at the beginning of some coke ovens & metallic plant life and a massive amount of migration of human beings to meet their ends.
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The records of Durgapur have developed from agriculture to enterprise to IT.
The IT revolution of this metropolis started not very long ago. With the rapid boom of this metropolis’s population, the ratio of demand and supply started to range, making many teens unemployed at the cease of the ’90s. Two reasons behind this were been the factories’ capacity had already been saturated. The job industry changed into taking a massive turn from hardware to software programs all over the globe. Moreover, the open financial system gave given to many personal establishments within the city’s heart, but the job opportunities remained confined. Consequently, most of the youths graduating in IT studies from Durgapur started out emigrating to different cities like Kolkata, Delhi, Mumbai, Bangalore, Chennai & Hyderabad. This made the metropolis fall on its face because the young technology was willing to relocate to other cities.
On the other hand, the impact of globalization has forced Durgapur entrepreneurs to invest in the software development industry to keep pace with the progress and stay ahead in the competition. This has resulted in the birth of software program development corporations in Durgapur.
What reasons play the critical role behind the back of this big switch?
A current survey has discovered that the quantity of IT organizations in Durgapur has accelerated 10 instances than what it became a decade in the past. There are certain reasons in the back of this drifting.
The primary investment cost is meager.
Firstly, the number one investment inside the software program corporations is comparatively less than any other enterprise. It infrequently takes a couple of bucks for the whole arrangement because you may run a software program business enterprise based on a few humans, a computer, and other sorts of systems. This has attracted the small-scale enterprise proprietors of Durgapur to invest their restrained capital in this enterprise most effectively.
Engagement of the workforce isn’t always big, to begin with
To begin a sort of corporation, you don’t need loads of employees. At the start, you and your friends can effortlessly establish an organization if you have the business mentality and management abilities.
One-time funding
Starting a software program improvement organization has a big benefit, i.E., you handiest need to invest at the beginning to install the structure and buy the gadget. But as soon as the investment fees conquer, there is the most effective profit left for you.
Geographical place
Durgapur is situated in the southern part of West Bengal, linked with Asansol to the west and Burdwan to the east. Kolkata is infrequently one hundred sixty-five km from Durgapur and is well connected to diverse transport systems. This has made Durgapur the center of industrial regions and has enriched its resourcefulness.