| 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 |