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Companies around the world have realized that to remain ahead of their rivals, they need to reduce costs, provide the best quality, use the latest hi-tech skills and be reliable and innovative. They are able to derive all these requirements through a single source - The software industry in India which offers the following: Large Manpower Pool - 115,000 engineering graduates every year transform India into the second largest English speaking IT professionals pool in the world. E-commerce and web based solutions - Indian companies offer the most cost-effective, innovative and extensive web-based solutions. They also offer varied solutions for E-commerce applications. Hotmail, Junglee are some of the examples of Indian innovative mindset. Time tested solutions - India enjoys very strong brand equity in major markets, thanks to its growing and globally competitive software industry. The information technology industry in India over the last decade has evinced sustained growth and attained a position of preeminence in the global economy. The potential therefore is immense for the industry, given the fact that India has been clocking growth rates in excess of 50 per cent as compared to the world average of 25 per cent. In year 1999-2000, 185+ fortune 500 companies have outsourced their software/web development & other IT services requirements to India . - Source Nasscom. Companies around the world are gaining competitive advantages by using Indian software/web services that offer high quality, cost effectiveness, time saving, state-of-the-art technologies and above all reliability.
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