Confederation of Indian Industry 1 October 4, 2004
Confederation of Indian Industry 2 Economy GDP ~US$ 560 billion + GDP Growth Rate Year : 8.2% Q1 of : 7.4% (5.3% in Q1 of 03-04) Population 1.1billion + Multi-cultural, multi-lingual Large Technical Workforce Attractive sourcing destination & large market
Confederation of Indian Industry onwards Emergence of other Indian IT firms and Industry associations like NASSCOM Assignments in application development and maintenance Strong US based clientele Stronger presence in ‘newer’ geographies like Europe Maturing of Indian firms for high-end Consulting, BPR, BPO On target towards 2008 goals: Revenues - US$ 77 billion, Exports - US $ 50 billion+ Birth of an Industry Coming into it’s Own Acceptance of ‘Destination India’ More complex and domain focused assignments Global Leadership Simple technical projects Increased sophistication in software development – TCS pioneers the offshore development model
Confederation of Indian Industry 4 Strong Growth: Revenues $20 Billion. Software Services Exports $12 Billion. NASSCOM Strategy Report ( )
Confederation of Indian Industry 5
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8 Enjoys the world’s confidence Source: IDC/NASSCOM
Confederation of Indian Industry 9
10 India Cost-Quality Value Vast Talent Pool Fortune 500 Clientele Management of Large Projects Korea Manufacturing Mobile Communications Electronics & Computer Hardware Embedded Technology
Confederation of Indian Industry 11 Banking, Financial Services, Insurance E-Business Engineering Services Embedded Technology Geographical Information Systems Education and Training Multimedia E-Governance
Confederation of Indian Industry 12 Thank You 감사