Software Development India is becoming Mature in Third PhaseFriday, January 27, 2006
Software Development India is becoming more and more mature as the demand of Indian IT industry is increasing in the market. More and more IT companies are now emerging in the Indian Territory and more complex and high valued IT work is being outsourced by MNCs from India. With increasing demand of Indian IT talent globally, country is also facing lots of challenges and competitions from other countries. More and more companies from other countries are coming into the market and posing challenges to Indian companies in Information Technology field. Countries like China, Philippine, Russia and many more are there who also are in the race to beat the name of India. But still the demand of Software Development India is as it was in the market worldwide as most of the foreign countries prefer India for IT services.
Software Development India also has the name in the market in the field of Information Technology as more and more FDI (Foreign Direct Investment) is taking place by big MNCs. More and more joint ventures are also coming into the picture between Indian Brand Names and MNCs. MNCs like Intel, IBM and many more are showing more and more interest in Indian Companies and investing a lot in India. Recent news says that world’s largest chip maker Intel is to invest more than $ 1 billion in India. Surprisingly IBM one of the biggest MNCs also has its largest investment share in India as a part of IT Outsourcing. Bangalore is the main hub for India in Information Technology and along with that cities like Puna, Mumbai, Ahmedabad are now also making their impact and playing important role in the process of Software Development India. Country’s own IT brand names like Infosys, TCS, Wipro and many more are recruiting almost thousands of employees per month. India’s economy has also gone up and improved by all these incidents. In short Software Development India is maturing day by day.
Software Development India
Third phase of Software Development India is also booming in service providing sectors as a result of overseas dealings. In the first phase Indian skill was sought after in the west when the Software Development and maintenance work was done by the big brand names of India like TCS, Infosys, Wipro and many more. The trend of lower-labor cost with high quality of work is still the main reason that most of the international giants aiming India for IT services and problem solutions. Software Development India is also the destination with lots of well known big IT brand names.
Software Development India also has very high expanding market which has anxious job-hopping, but still t India the theory of low-cost with best quality is still there. As the demand of Indian IT industry is increasing globally the IT companies have also started to think big and innovative. India is the country with the largest pool of skilled workforce. At the end we can say that in third trend of IT industry Software Development India is becoming more and more mature.