The large multinational corporations and Information Technology services companies carry on raking their heels deeper into Software Development India, according to the survey. These companies are largely enticed by both India's educated and skilled but cheaper workforce and country’s burgeoning economy. These companies are investing very highly in India for IT Outsourcing services.
India already possesses the huge presence of global Information Technology giants like IBM and others. Amongst these IBM is the company that possesses its most overseas investment in Software Development India. Recent news also suggest that IBM has increased its strength in India from 6,000 to 20,000 in very short period of time and at present its strength in India is around 43,000 employees.
Other fortune 500 companies from overseas are also aiming very heavily and keenly towards India for having their presence here. As mentioned earlier the main reason for all of these companies to eye on India is the huge availability of lower-cost but well educated and skilled workforce especially for Information Technology Industry.
These companies are also aiming at India for other services than IT like Finance & Accounting, HRM (Human Resource Management), back-office support and services, Customer Care services, Traveling services, Call Center Services and many more.
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