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Technology Outsourcing

The telecommunication and internet expansion in the 1990’s led to the widespread use of technology to get IT related products and services from countries abroad. India is one of the first countries to have a huge market share in this space. This is mainly because of the hugely available English speaking and technically proficient workforce. An engineer in India would work for far less than one in the US.

The huge talent pool of software engineers and IT specialists made India a favorite destination for its counterparts in the West. They undertake a variety of tasks such as software development and maintenance, IT support, Technical Helpdesks etc. India has become a popular destination for companies like HP, Intel, Microsoft, AMD, Oracle, SAP, BEA, IBM etc. Most of these major IT outsourcing firms are located in cities like Bangalore and Hyderabad in India.