Feb
11
Outsourcing – India takes on the World
February 11, 2010 | 1 Comment
India’s IT-BPO market has achieved impressive growth rates over the past decade and is poised to achieve greater revenues in the coming decade.
Software industry chamber NASSCOM reports current export revenues of Indian IT and business process outsourcing (BPO) companies are expected to rise by 5.5% to cross USD50 billion in the ongoing 2009-2010 fiscal and could accelerate by 13 to 15 percent (USD56-USD57 billion) in 2010-2011.
If this 13 to 15 percent rate continues every year, India’s IT-BPO market could reach USD 285 billion in 2020.