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Indian IT industry to tread at record speed
Added On:7/23/2008

The Indian IT industry is growing at a tremendous rate and according to the survey the Indian outsourcing industry posts its strapping performance and noteworthy market strength in the first half of the current calendar year. The  TPI(sourcing data and advisory firm) announced that according to their most recent TPI index the value of the market revenues for Indian market is greater than $25 million, while the revenues for the total 282 outsourcing contacts is $49 billion with respect to Total contract Valve(TCP) and Annualized Contract Value(ACV). This is not the end of the story, 146 of Indian IT contracts were awarded in the global outsourcing industry. This is really a big achievement for Indian market. Indian IT outsourcing industry jagged up record business during the first two quarters of the current calendar year According to TPI's analysis, the Indian IT industry has got the highest number of outsourcing contracts during the first half of the year. This statistics break records for the past 10 years and this number is supposed to be increased in the next half of the year. 

This tremendous growth has highlighted India as a dazzling star of the world IT .

Vinod Negi/ITvoir Network  

  

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