"Three years ago,during my visit to India,the country was emerging as an IT
superpower.Today,the country is handling the most sophisticated projects in the
world.I am impressed with the talent we have in our India Development Centre
and the quality of software being developed." Bill Gates, Chairman and Chief Software Architect, Microsoft Corp.
Today, MNCs are rushing into India to stake a claim to the IT outsourcing
market. While a large number of companies are outsourcing their software
development to Indian companies, others are establishing a presence in India and
participating actively in the software export game. The MNC sector emerged as an
important segment contributing Rs 9,855 crore of the total exports of Rs 35,600
crore in the year 2001-02, translating into 27% share of the total exports.
India can be an ideal offshore destination due to a variety of advantages it
has over other countries. The Major categories being:
- Country Competitiveness
- Knowledge Professionals