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Competitive Analysis of It Outsourcing Industry

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Competitive Analysis of It Outsourcing Industry
After the dawn of IT Sector in Indian Business sector, many Indian cities marched towards becoming an IT hub of India as well as Asia. Indian IT sector can be classified in four sectors. Almost all multinational companies (MNCs) increasingly locate not only low-level tasks but also research and development (R & D) centers or laboratories in India; many already have more than one research lab. However, the most advanced research continues to cluster in Bangalore. Generally, one finds an uneven distribution of the software industry locations which is clustered in the South (Bangalore, Hyderabad and Chennai), West (Mumbai and Pune), and around the capital New Delhi in the North.[4]

Amongst these zones, Pune region has witnessed exponential growth of IT Industry. Almost all MNCs operating in India have their facilities in Pune. Apart from that a big network of SMEs is based at Pune. Pune is one of the major revenue generation centers for IT Services. Majority of IT companies in Pune are working for outsourcing domain. Outsourcing is done internationally as well as at domestic level catering to other cities.
As the industry is growing rapidly, it is triggering a competition amongst various companies. This competition is mainly due to pricing strategies and service quality.

b. Ch_2: Industry Profile-Industry Size, growth trends, major players and their markt shares, govt support and policies

IT Industry in India has played a key role in putting India on the global map. IT industry in India has been one of the most significant growth contributors for the Indian economy. The industry has played a significant role in transforming India’s image from a slow moving bureaucratic economy to a land of innovative entrepreneurs and a global player in providing world class technology solutions and business services. The industry has helped India transform from a rural and agriculture-based economy to a knowledge based economy. Information Technology has made possible

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