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Until recently, India has been a very lucrative and attractive market for the top IT firms. However, as the competition increased and the market saturated, Indian IT firms started looking at other potential markets. Luckily, they did not have to look far. As one of the fastest growing economies of the world, China holds exciting prospects for the IT industry and that is where the IT companies have trained their guns on.
However, the sailing was not so smooth since Indian IT majors started facing heat, one of the concerns for the Indian IT companies operating in China is that the revenues generated by foreign IT companies from their China operations are much higher than that generated by the Indian companies.
Through this article we diagnosed the issue in detail and proposed short as well as long term strategies to deal with the situation