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India's IT services industry: a comparative analysis

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1 Author(s)
Bharati, P. ; Boston''s Coll. of Manage., Massachusetts Univ., Boston, MA, USA

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 IT services industry experienced a 22 percent revenue growth - a pace comparable to the rise in Hong Kong's electronics industry during the 1970s.

Published in:

Computer  (Volume:38 ,  Issue: 1 )