India dominates today's offshore market, with and estimated
80% to 90% of offshore revenue.
There are currently more than 3000 firms in Indian software
Industry.
Many Fortune 500 companies are currently outsourcing from India
:
AT&T, Boeing, Citibank, Coca Cola, General Electric, General
Motors, Pepsi, Philips, Sony, Reebok, Wal-Mart, United Airlines
and more..
More than 150 of Fortune 500 companies outsourced their software
requirement to Indian Software Houses.
Large Human Resource
Every year, approximately 19 million students are enrolled in high
schools and 10 million students in pre-graduate degree courses across
India. Moreover, 2.1 million graduates and 0.3 million post-graduates
pass out of India's non-engineering colleges.
While 2.5-3 percent of them find jobs in other
fields or pursue further studies abroad, the rest opt for employment
in the IT industry. If the flow from high schools to graduate courses
increases even marginally, there will be a massive increase in the
number of skilled workers available to the industry. Even at current
rates, there will approximately be 17 million people available to
the IT industry by 2008.
Indian Education System
The Indian education system places strong emphasis
on mathematics and science, resulting in a large number of science
and engineering graduates. Mastery over quantitative concepts coupled
with English proficiency has resulted in a skill set that has enabled
the country to take advantage of the current international demand
for IT.
Quality Manpower
Indian programmers are known for their strong technical
skills and their eagerness to accommodate clients. In some cases,
clients outsource work to get access to more specialized engineering
talent, particularly in the area of telecommunications. India also
has one of the largest pools of English-speaking professionals.