India’s Share In IT Business Up In Two Years: Report

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⦁ Bengaluru continues to grow owing to increasing demand for complex IT and high-end R&D work
⦁ In India, the number of employees across IT services and BPS services is in the ratio 55:45

Image for representational purpose only

According to consulting firm Everest Group’s Global Locations Annual Report 2019, India continues to be the most preferred destination for IT, engineering and R&D services delivery. Out of the 307 new centres that were set up for such services, India accounted for 23 per cent.

 

In the past four calendar years, Asia-Pacific’s share in new centres has risen to 47% from 43 per cent. India accounted for 47 per cent of the 198 new centres in APac in 2015 and 2016, and 51 per cent of the 270 centres in 2017 and 2018.

Parul Jain, practice director, Everest Group, told ET that Bengaluru continues to grow owing to increasing demand for complex IT and high-end R&D work. She added that significant availability of entry-level talent pool (85,000-95,000 graduates annually) and highly mature employed talent market continues to position Bengaluru as the leading talent market for global services.

Jain said that Poland continues to remain an attractive IT/BPS location and is leveraged by both GICs (global inhouse centres of MNCs) and service providers due to availability of talent for complex skills, multilingual skills, and proximity to customers.

In India, the number of employees across IT services and BPS services is in the ratio 55:45. For Singapore, it is 62:38, and for China 57:43.

Source: ET

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