India's IT Services Industry: A Comparative Analysis

  • Authors:
  • Pratyush Bharati

  • Affiliations:
  • University of Massachusetts, Boston

  • Venue:
  • Computer
  • Year:
  • 2005

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Abstract

To remain globally competitive, multinational corporations are outsourcing their IT services and relocating their labor-intensive operations overseas to low-wage countries.In the past decade, India's IT services industry emerged as an important player in this global market. While worldwide IT services revenue increased less than 2 percent from 2000 to 2003, India's ITservices industry experienced a 22 percent revenue growth驴a pace comparable to the rise in Hong Kong's electronics industry during the 1970s.