Squeezing growth prospects in IT services firms and higher compensation in technology centres run by global companies are the two factors driving this trend.
Data localisation, an overarching theme across recent government policy proposals, has been a thorny issue with industry
Software industry body Nasscom expects the country's information technology (IT) services sector to grow 13-14 per cent in the current financial year and to touch $225 billion (Rs 13.22 lakh crore) by 2020.
Suggesting that layoffs in the information technology and business process outsourcing industry are still less than 1 per cent of the total workforce, top National Association of Software and Service Companies executives have said that the industry has not yet come in the grip of large-scale layoffs.
Did you know that India is among the top five countries in food processing?
'The world has changed and nobody has the patience to start a project and wait for six months to look at the outcome.'
After the first draft of the Bill was submitted under a committee chaired by Justice B N Srikrishna in 2018, there were objections raised by businesses, especially on the broad restrictions on cross-border data flow.
The 30-share Sensex ended down 297 points at 27,438.
Indian IT industry veterans believe lack of maturity from the political leadership may have helped people in the US to take advantages.
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The IT bellwether currently has about 28,000 employees in West Bengal in different facilities and it expects to recruit around 4,000 more in the current year.
Never let self-doubt get in your way and the fear of rejection stop you from growing.
Small and mid-sized IT companies offer the best way to take advantage of the next stage of the emerging market growth story. According to Nasscom, the apex body for the IT industry, the industry expects to grow by 11-14 per cent and this growth will be driven by small and medium companies, which are performing better than tier-I companies.
Driven by steady recovery in demand for technology services, the Indian IT industry is expected to hire about 2.5 lakh people during this fiscal, software representative body Nasscom said.
'We are the only country in the world where everybody gets a digital vaccination certificate immediately... Then as we open up, as they did yesterday, which I think is a welcome move, you will have lots and lots of points where people will come in'
5G networks in India can be deployed in three months but in limited areas as the optical fibre based infrastructure to support the technology is not ready yet, telecom industry players said on Tuesday. Nokia India head of marketing and corporate affairs Amit Marwah said that India has to take a call on deployment of 5G services otherwise it will miss to take advantage of the next generation technology that it can bring for the economy.
"We are looking for acquisitions," Infosys chief executive officer and managing director Kris Gopalakrishnan told reporters in Mumbai on the sidelines of the Nasscom India Leadership Forum on Thursday.
The slowdown of the US economy and the appreciating rupee hardly have any affect on the India's IT sector. The IT industry is poised to grow at 33 per cent growth in the fiscal year 2008 and is on target to emerge as a $75 billion sector by 2010, Nasscom said on Monday.
Nasscom recently released its ranking of the top 20 IT-BPO organisations in the country that accounted for over 40 percent of the total employees in this sector.
Modest growth projections hits IT sector.
With over 1.7 million vacant cloud computing jobs, the future is bright for candidates with the right skills and experience, says Bhavesh Goswami, founder and CEO, CloudThat Technologies.
Information Technology sector grew by 19 per cent in 2011, clocking revenue of $76 billion
India continues to rank as the third top source of overall malicious activity including spam, malware, phishing hosts and bots
Information technology companies in smaller cities are forming regional associations to attract investments and get their demands fulfilled at the local level, as industry body Nasscom is unable to spread its wings in many such cities. Smaller companies in places such as Bhubaneswar, Coimbatore, Madurai, Kozhikode, Ahmedabad, Kochi and Thiruvananthapuram have created regional fora to sell their locations and also lobby state governments.
BPOs located in rural areas and tier 2 and 3 cities are expected to drive the growth of the Indian BPO sector in coming years, experts said on Wednesday.
Employable skills have taken on significant importance when it comes to recruiting candidates for a job. Find out what skills recruiters are looking for.
H-1B visa is a non-immigrant visa, which allows US employers to temporarily employ foreign workers in speciality occupations
The information technology (IT) industry has increased its contribution to the country's GDP from 1.2 per cent in 1997-98 to 5.2 per cent in 2006-07, according to a Nasscom-Deloitte study.
The Indian animation industry is expected to grow at a CAGR of 25 percent during 2006-10
The 30-share Sensex ended down 297 points at 27,438 and the 50-share Nifty closed 93 points lower at 8,305.
The Nasscom-McKinsey Perspective 2020 report notes that healthcare will emerge as a very big opportunity for outsourcing services. Ananda Mukerji, managing director and chief executive officer of Firstsource, feels his company is in the right place to make its mark in the global BPO business.
Telcos propose licence regime for apps like WhatsApp, Skype.
The US government should not only look at salary, but also focus on skills while making immigration reforms
Given the sharp differences that the Democratic and Republican lawmakers and the White House has on various aspects of immigration reform including H-1B, the Congressional passage of the bill and its becoming a law as of now appears to be a tall order.
US President Barack Obama's just concluded visit has helped in breaking myths and stereotyping of India as "stealing jobs", apex IT industry body Nasscom said.
Software and services exports from India grew 33 per cent year on year in 2005-06 to $23.6 billion according to industry body Nasscom.
"I think we have just started touching the IT space in Gujarat. In the wake of demand, we see business growing in 44 cities of the country, out of which Ahmedabad, Vadodara and Surat have clearly emerged on the top," Nasscom President Som Mittal said, while speaking at IT Summit-2010 organised in Ahmedabad.
India is gearing up to tap the huge engineering outsourcing opportunity and position itself as the world's hub for high value design and manufacturing destination, a top Nasscom official said on Monday.
The central government's view of exploring public-private partnership (PPP) in the establishment of new institutes of higher learning has a private hand, right from the first step.
