Sunday, June 7, 2009

Size of the India Software Development Industry

At present India’s image is like, India is the country that produces pool of talents for IT services that are poorly paid but doing great cutting-edge coding work for Banking and Insurance Industries. Again Call Centers are also on the boom and increasing the demand of Offshore Outsourcing Services. But India is not all about these stuffs only and it is much more than all these. Service standards have improved a lot in India Software Development and it has made it a Powerhouse for IT services globally.


Low cost services are just a part of the equation but the important thing is the size of the India Software Development Industry. The figure of the production of the college graduates and talents every year is almost 3 million. It is also predicted by NASSCOM India that country’s IT Outsourcing growth is expected to reach to $20 billion this year.


India’s Information Technology is 10th largest industry globally and its growth is very fast. Country’s some of the Software Development Companies have become global power house for Offshore Outsourcing Services. These companies are also hiring local talents in big no.

Along with these many International Brand names from overseas also find India Software Development as the one stop solution for all their requirements and have their huge presence in the country for IT services. These companies are now seeking to have their permanent presence in the country because of the facilities the country India have.

The three main factors like Software Skills, Lower labor cost and Availability of number of professionals make India Software Development the best for overseas services.

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