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Indian
IT Industry
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STREAMLINE offers service and assistance for setting up
offshore development centre and or to
locate suitable co operation partner in IT or software field.
India
Competitive costs |
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Indian
IT industry is on track to achieve its long term
aspirations of US$ 50 billion in export revenues
by 2008 and remain the pre-eminent destination for
exports. The industry has grown at a CAGR of 46
percent since 1999.
IT
Services
Today,
India is undoubtedly the pre-eminent destination
for offshore IT services. The Indian IT services
industry landscape is being fundamentally reshaped
by changes in customer and competitor behavior
and the emergence of new opportunities along
service lines, verticals and geographies.
Sustaining
future growth will call for new capabilities, an
expanded business footprint, and radical changes
to existing business models. |
IT Enabled Services
Based on location and people
attractiveness India have created a substantive
presence till date.
Today, India and Ireland
surpass other competitors in terms of employment, number
of companies sourcing ITES as well as spectrum of
verticals and services lines. India, in particular, is
witnessing rapid growth due to its cost advantages, the
early success achieved by the reference lighthouse
customers and government initiatives implemented to
improve location attractiveness. The ITES industry has
grown at more than 70 percent over the last two years
and currently employs over 1,00,000 people. India is
fast emerging as the "new" leader, especially
in traditional services such as call centers, back
office processing, etc. India is also the first country
to see significant third party activity.
The Indian ITES industry is set
to move well beyond contact center, low-skilled work
driven by the early success of the first movers.
Capturing the opportunity will require players to
crystallize their business models and develop tailored
value propositions.
| Knowledge
Professionals |
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India’s abundant, high
quality and cost effective services and its vast
resource of skilled software human power have made
it an attractive location for global software
clients.
There has been a healthy
growth in the number of India’s IT professionals
over the last decade.
From a base of 6,800
knowledge workers in 1985-86, the number increased
to 522,000 software and services professionals by
the end of 2001-02. It is estimated that out of
these 522,000 knowledge workers, almost 170,000
are working in the IT software and services export
industry; nearly 106,000 are working in the IT
enabled services and over 220,000 in user
organizations.
Indian IT Sector:
Knowledge Professionals Employed
| Category |
1999-00 |
2000-01 |
2001-02
E |
| Software
exports sector |
110,000 |
162,000 |
170,000 |
| Software
domestic sector |
17,000 |
20,000 |
22,000 |
| Software-captive
in user organisations |
115,000 |
178,114 |
224,250 |
| IT
enabled services |
42,000 |
70,000 |
106,000 |
| Total |
284,000 |
430,114 |
522,250 |
Source : Nasscom
Educational institutions
and polytechnics, as well as the prestigious
Indian Institutes of Technology (IITs) are the
principal sources of newly qualified
graduates/post-graduates.
India has more than 250
universities (over 900 colleges) and engineering
colleges providing computer education at the
degree/diploma level. The output of trained human
power at the degree / diploma level has been
consistently increasing since 1985 and touched a
figure of 130,000 during the 2000. The formal
education system is supplemented and complemented
by thousands of private training institutes across
the country, which are providing computer
education. The private training institutes are
also doing a great service in providing a backbone
to the computer literacy program.
Degree Level:
Engineering Admissions, Professionals
| Year |
Admission |
Graduates |
IT Admissions |
IT
Professionals |
| 2000 |
233,351 |
82,107 |
125,522 |
53,370 |
| 2001 |
256,686 |
109,376 |
133,053 |
71,066 |
| 2002 |
282,355 |
124,469 |
141,037 |
81,423 |
| 2003 |
310,590 |
141,646 |
149,499 |
93,968 |
| 2004 |
341,649 |
184,347 |
158,469 |
99,162 |
India’s New IT Labor
| Category |
2000-01 |
2001-02 |
2002-03 |
2003-04 |
2004-05 |
| IT
Professionals from degree & diploma
colleges |
74,364 |
90,867 |
99,959 |
110,495 |
115,533 |
| Non-IT
Professionals from degree & diploma
colleges |
32,025 |
35,612 |
38,423 |
43,261 |
55,877 |
| IT
labour from non-engineering fields |
26,597 |
31,620 |
34,595 |
38,439 |
42,853 |
| New IT
labor |
132,986 |
158,099 |
172,977 |
192,194 |
214,263 |
| Total
number of Engineering seats |
290,088 |
333,094 |
361,076 |
401,791 |
464,743 |
| IT
Professionals from degree & diploma
colleges as a proportion of Engineering
seats |
26 |
27 |
28 |
28 |
25 |
| IT
graduates as a proportion of Engg.
Graduates |
33 |
35 |
35 |
35 |
31 |
India
Advantage
To sum up
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Cost
and Time Savings: A virtual 12-hour time
zone difference between India and USA offers
cost and time savings.
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Presence
of enormous pool of highly skilled English
speaking professionals
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High
quality. Out of top 300 companies, there
are more than 145 ISO 9000 certified and six
SEI CMM Level 5 software companies.
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Reliability
– Indian software companies strictly
adhere to delivery schedules and provide
total customer satisfaction by using
state-of-the-art technologies.
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Indian
software companies have very strong brand
equity in major markets.
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Indian
companies offer innovative, extensive and most
cost-effective E-Business and web based
solutions.
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