IndiaisIT

India as a Preferred Location

Today, India shines on the world map and it all owes to the Indian IT industry that has flip-flopped the face of Indian economy. "Outsource to India" has become the buzzword in the international markets and India lies central in the eyes of prospective customers. The question then arises that "What makes the whole world rely upon India for its software needs?" The answer can be divided into six broad categories.

. World Renowned Talent and Education System
India is rich in quality human resource, intelligence and talent, and Indian education system acts as "The topping on the pudding". With globally proffered English speaking professionals and technically strong talent to offer, India stands on the verge of making a mark globally. Survey reveals that about 17 million "techies" are expected to bag jobs in the IT industry by 2008.

. Cost Benefits
Sourcing to India has proved to be a win-win situation for both India and outsourcing organizations. The budget-stripped customers looking out for raw talent and world-class quality are now confidently facing towards India. Statistics reveal that during FY 2001-2005 India's global sourcing share has taken a leap from 62% to 65% and India tops the 40 major sourcing destinations of the world.

. Fast-Paced Indian Economy
According to the Nasscom survey India measures a constant growth of 8% annually with ever rising foreign exchange reserves amounting to about US $300 billion and "Sensex" reaching an all time high of 17,000 points. Statistics also indicate a non-stop flow of foreign direct investment (FDI) and 20% increase in exports. Analysts predict "The Return of Golden Bird" as India lies on the top in the eyes of prospective investors.

. Knowledge Teemed with Professionalism
The Indian manpower is a judicious blend of knowledge and professionalism and customers seek such individuals, thus making a happy settlement at both ends.

. World-Class Quality
India follows international standards of excellence which enhances its credibility as a highly-preferred sourcing destination. India defines its quality on the scale of ISO, Six Sigma, CMM and other world-class standards.

. Government Policies
The tremendous support of Karnataka government has made Bangalore a software hub. The government has realized the potential of software industry in India and offered further support by regulating government policies in the favor of IT industry.

Indian IT Infrastructure and Other Contributing Factors

Due to its huge potential, the Indian Silicon Valley is breaking limits and is now spreading out in other prospective areas. The IT industry has stepped out of Bangalore and has spread its wings in Pune, Delhi, Gurgaon, Noida, Hydrabad and Chennai, to name a few. The booming telecom sector has grown 20% in a decade and made India become "The talk of the world". The power sector of India stands sixth-largest in the world and is a contributing factor towards the growth of IT sector. The road infrastructure of India lies second largest in the world in the terms of road network. The work environment is taken care of, by building world-class IT parks that provide its employees with an international feel and highly-standardized work culture.