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Outsourcing Facts

A. 90% of offshore IT work goes to India.
B. 5000 IT software and services companies are in, 60% domestic and 40% multinationals with operations in India.
C. From 1986 to 2002, increased its skilled IT workers from 6,800 to 522,000.
D. Estimates of about 17 million skilled workers by 2008.
E. Has over 150 million people 18-25, suggesting that we have only begun to see the impact on job losses as this next generationenters the work force.
F. 63% are between 15-64 years old.
G. 66% of the world's offshore business outsourcing revenue is in 2004.
H. India has about 250 million middle class individuals
I. More than 70% of India's software export revenue comes fromcompanies based in the USA , but the software and related service industries account for only 3% of India's o/p
J. India earns $12.5 billion annually from IT outsourcing and revenues are growing at 30% per year.
K. More than half of Fortune 500 firms outsource some part of their work to India.
L. In 5 years, Indian firms are expected to earn annual $5 billion from outsourcing biotech related services.
M. Negative sentiment about offshoring to is similar to Japanese goods in 1960s-1980s, e.g.Toyota , Sony, Mitsubishi, etc.
N. 170,000 workers hired by Western companies in last few years, projected to be 1.1 million by 2008.
O. Between March, 2000 - March, 2004, employment of Indian workers, such as software developers & call center operators, who serve clients outside increased by 353,000 to 505,000.
P. Of those, 120,000 work in IT software and services expert, 106,000 work in IT enabled services and over 220,000 work in user organizations.
Q. The new Prime Minister plans to boost the telecom and IT markets, but there are caps on foreign ownership (49%) and investment in telecom and tariffs on imports.
S. IBM Global Services is 's fifth largest employer; IBM bought based DaksheServices Put., a 6000 employee firm that does business process outsourcing.
T. India has a $477 billion economy and companies sold $3 bil of products to in 2003.
U. Growth rate of more than 7% per year.
V. Exports up 29% in the last year.
W. Companies outsourcing IT to : Microsoft, Amex, Motorola, Boeing, Ingersoll Rand, Avon , GXS (spin-off of GE), Daimler/Chrysler, Citigroup.
X. Educational institutions collected $1.2 billion from Indian nationals in 2002, 6 times the amount received from British

We are an IT company based in India . We specialize in offshore software development. has become a hub for outsourcing and we have been actively involved in several offshore IT projects. In case you need to outsource IT services or IT projects please contact us.



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