India as an emerging market offers a large pool of IT savvy resources. IDC India and NASSCOM predict that Indian Domestic IT/ITES industry will grow from 99,254 INR crores in 2008 to 2,06,398 INR crores in 2013 which constitutes 39% of total revenue. The IT/ITES Exports Revenue constitutes remaining 61% of revenue share by 2013. As of today, in India IT/ITES industries are highly localized and clustered in seven Indian cities.

1. 6/2/2012
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Business Trends in IT/ITES industries in India
India as an emerging market offers a large pool of IT savvy
Tech Trends resources. IDC India and NASSCOM predict that Indian
Domestic IT/ITES industry will grow from 99,254 INR crores in
2008 to 2,06,398 INR crores in 2013 which constitutes 39% of
total revenue. The IT/ITES Exports Revenue constitutes
To visit this blog Click here. remaining 61% of revenue share by 2013.
iPOTT being an end to end As of today, in India IT/ITES industries are highly localized and
provider of innovative and cost clustered in seven Indian cities. These places include
effective services in the areas of Bangalore, Hyderabad, Chennai, Gurgaon/Noida/New Delhi,
knowledge management, sales Kolkata, Mumbai and Pune. Due to infrastructure limits and
enablement and consulting offers scarcity of land the geographical spread is gradually expanding
a unique and unbiased platform to cover Ahmedabad, Bhubaneshwar, Chandigarh,
for software product companies Coimbatore, Jaipur, Kochi, Madurai, Mangalore, Mysore and
worldwide to reach their target Trivandrum.
markets
It is estimated that over 80% of IT units in India are SMEs and
they constitute only 30% of the entire IT exports from India.
www.ipott.om Access to high quality education has created a growing pool of
info@ipott.com resources. Further economic liberalization and initiatives at
central and state levels to improve the ease of doing
businesses have catalyzed Entrepreneurship. The spread of e-
governance and improvement in infrastructural capabilities
has resulted in significant growth in entrepreneurial activities.
The IT/ITES industry has a major impact on the labor market in
India. It is estimated that nearly 8 to 10 million employees
directly or indirectly support the IT/ITES industry in India. In
contrast to this, India saw the highest attrition rate of 23% in
first quarter of 2010-2011 in IT industry. Some of the
challenges faced by mid-sized companies in current market
scenario include competition from low cost countries, growing
attrition rates along with employability issues, increasing cost

2. of operations, high client concentration to deliver
services(52%), higher cost of acquiring new clients and
changes in structure of demand. Alternative means of
adopting new technology that incurs lesser cost is rampant.
With this cloud computing once again plays an important role.
However this is with reference to mid-tier companies.
The larger companies do rely on clients, but the extent of
client concentration is lower and is about 28% (PwC, 2011).
Migrating legacy systems and transformations reflecting
changes in processes are of very high priority to them. With
the advent of entrepreneurs, competition increases as
innovations increase. This has created way for incubation
centers and venture capital creation to help emerging
businesses get the funds required and collaborate with them
to gain first-mover advantage in local and global market.