The Sri Lankan IT and BPO industry is projected to grow by 26% in 2011 with export earnings estimated at US$ 390 million for 2010.  Sri Lanka has set a target of US$ 1 billion revenue with employment of 100,000 by 2015 in the IT/ BPO industry. One of the key prerequisite for this growth to be realized is the acceleration of human resource capacity development in the industry.