India has established itself as a global leader in software development and a preferred destination for IT-enabled services. Indian IT giants such as Tata Consultancy Services (TCS), Wipro, Infosys, and HCL are recognized worldwide for their technological expertise. Additionally, multinational corporations like IBM, Motorola, Microsoft, and General Electric continue to leverage India’s outsourcing advantage, helping them stay ahead in a competitive market.
Despite tapping into only a fraction of the estimated US$ 300 billion market potential, India’s IT and ITeS sector has vast opportunities for growth. Recognizing this potential, both central and state governments are actively working to build a robust infrastructure for the industry, implementing policies to foster its expansion and success.