IT and BPM

Growth Drivers

  • Emerging geographies and verticals, non-linear growth due to platforms, products and automation.
  • Revival in demand for IT services from US and Europe.
  • Increasing adoption of technology and telecom by consumers and focused government initiatives – leading to increased ICT adoption.
  • High-value client additions bigger than USD 1 Million – the highest in the last five years, registering 13.5% growth.
  • Emerging verticals (retail, healthcare, utilities) are driving growth above 14%.
  • India has been creating a future-ready digital workforce, with more than 1,50,000 employees SMAC skills.
  • More than 50,000 employees are skilled in analysis, 30,000 people in enterprise mobility.
  • The SMAC (social, mobility, analytics, cloud) market is expected to grow to USD 225 Billion by 2020.
  • USD 1.6 Billion is spent annually on training workforce and growing R&D spend.
  • The National Optical Fibre Network (NOFN) is being laid down in phases to connect all the 250,000 gram panchayats in the country.
  • The government´s Digital India Campaign envisages a USD 20 Billion investment covering mobile connectivity throughout the country, re-engineering of government process via technology and enabling e-delivery of citizen services.

Reasons to Invest

  • The IT-BPM sector constitutes 9.5% of the country’s GDP and contributes significantly to public welfare.
  • India’s IT industry amounts to 55% of the global market, largely due to exports.
  • 60% of firms use India for testing services.
  • Rapidly growing urban infrastructure has fostered several IT centres in the country.
  • The Indian IT industry has saved clients USD 200 Billion in the past five years.
IT and BPM

Foreign investors