Current Scenario of the Indian IT Industry 3
Challenges and opportunities 3
Emerging Business Model in Indian IT Industry 3
Tata Consultancy Services Limited 5
Brief History 5
Financial Data 5
Business by Topography and Sectors 5
Growth Strategy 6
Chief clients list 6
Infosys Limited 7
Brief History 7
Financial Data 7
Business by topography and sectors 7
Growth Strategy 7
Infosys 1.0 8
Infosys 2.0 8
Infosys 3.0 8
Chief Clients 8
Wipro Limited 9
Brief History 9
Financial Data 9
Growth Strategy 9
References 10
Current Scenario of the Indian IT Industry
India is one of the fastest-growing IT and ITeS markets in the world. Because of the cost competitiveness in providing IT services, India is the world’s largest sourcing destination, accounting for approximately 52 per cent of the US$ 124–130 billion market.
According to Indian Software Product Industry Roundtable (iSPIRT), India has the potential to build a US$ 100 billion software product industry by 2025. The software products market in India is expected to grow at 14 per cent in 2014.
Indian IT and ITeS industry is divided into four major segments –
• IT services, which contributed total market size of US$ 56.3 billion during FY13
• Business process management (BPM), contributing US$ 20.9 billion
• Software products, contributing US$ 17.9 billion
• Engineering services & hardware, contributing US$ 13.3 billion during FY12
As per National Association of Software and Services Companies (NASSCOM), the Indian IT-BPM industry is expected to add revenues of US$ 13–14 billion to the existing revenues by FY15.
Challenges and opportunities
Manpower linked pricing model: As per this model, the clients that desire the software and services from Indian IT industries follow a method of payment which is linked to the manpower. The net cost of the software or services is determined by the number of hours invested by the total manpower, responsible for providing the services. This