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India is among the fastest-growing markets for a majority of leading information technology (IT) multinationals (MNCs). Most MNCs do not discuss India figures - except for Dell and IBM.
Trying times for testing firms
India is on course to becoming one of the leading destinations for offshore software testing with market opportunities expected to rise to $8 billion by 2008.
US revenue for Indian IT holding up
Indian IT services companies, which are predominantly dependent on the US for their business, fear a significant loss of revenue if the economic slowdown persists for a long time in the world’s largest economy.
BPOs cashing in on sub-prime crisis
The effects of the sub-prime crisis and the resultant slowdown of the US market is evident on the margins of Indian information technology (IT) and IT-enabled Services (ITeS) firms.
IT firms focus on Healthcare, pharma sectors
Indian IT service providers are increasing their exposure in the healthcare and pharma segments. Multi-million dollar deals in this space by IT firms over the past three-four months only buttress this trend.
Students still see BPO jobs as a stop-gap
"The survey covered over 1,000 students across the country, including Bangalore, Mumbai, Delhi, Kolkata, Hyderabad, Chennai, Coimbatore and Pune. An overwhelming majority of students saw BPO jobs as a quick opportunity to make money, but almost an equal number said that BPO jobs allowed them to have fun and earn money at the same time.", Hansa Research.
Strengths
