Explore Top Companies in India
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Global Websoft is working with a unique concept to provide complete IT solution encompassing digital marketing services, online marketing services and...
Every brand has stories to tell—stories that will not only engage, inform, surprise, delight, and impact their audience, but that will also deliver on...
IT Mart Solution is an innovative web designing and Web Development Company in India , providing Professional Website Design and graphic design servic...
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W3Squad is a Growth Marketing Agency that blends information technology solutions and digital marketing services to deliver the combined value for our...
Gensofts is an innovative full service offshore IT company which acts as a one-stop-shop for clients with web design & development . Gensofts is a...
Xenixsoft is an IT firm solely dedicated towards website development and striving hard to mark the highest milestone in the category. Website developm...
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Multia is a creative consultancy based out of India. Since our inception in 2006, we have used the power of design to help brands stand out in the mar...
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We are a leading website designing/development and digital marketing company with 20+ years of combined work experience. Our creative and technical ni...
Medivic provides complete medical staff to take care of the patient during the journey hour. Our process is fully transparent with pocket-friendly ser...
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CRM instruments with displaying computerization capacities can automate dull tasks to improve elevating attempts to customers at different concentrati...
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Do you want to speak English fluently? If yes, then enrol yourself in IBT English. We are eminent for providing English speaking course in Jalandhar....
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Divine IAS Academy in Chandigarh is the Top IAS academy for IAS-PCS-HCS-HAS, here we believe that civil services preparation is a long term commitment...
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Are you preparing for competitive exams like IIT, NEET, NTSE, Olympiads, KVPY, UPSC or JEE? You must be looking for best coaching institute in Delh...
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Shayona Consultant is committed to our customers, which is why our prices do not include any hidden fees. All you have to do is tell us your needs and...
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We at Statesman Academy have given the best results year on in the field of UGC NET. Our UGC NET coaching in Chandigarh has seen number of students pa...
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Adhiban Group an Investment Banking & Financial Services Company in Coimbatore that offers Leader in Financial Services, Life Insurance. As wel...
Are you searching for employee performance tracking software? Hoshin PMS is the best employee performance management tracking software. This softwa...
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India's IT Industry: Data & Performance
India is well-known for being the biggest IT outsourcing resource in the world. Based on a report delivered by IBEF, Indian IT & ITeS companies have set up over 1,000 global delivery centers in about 80 countries across the world. According to the same report, the country has become one of the biggest hubs of digital competencies with around 65% of the world’s digital talent being present in the country.
In 2019, the value of the IT market in India was estimated at $177 billion, registering a growth of 6.1% from 2018. It is expected that by 2025 the market value will reach $350 billion, as more and more companies source out Indian professionals due to their significantly lower hourly rate.
According to payscale, the average hourly rate of an Indian web developer is around $5,39, which is considerably lower than the global average.
Why you should work with an Indian IT company
Lower prices and skilled IT professionals are the main attraction for most of the clients that worked with Indian companies. The continuously growing competition in the IT industry made companies focus more on quality and segmented the market into several different categories depending on types of services, price range, location, competencies, and portfolio. The enormous variety of companies to choose from, make India a colorful and expanded market where the possibility to find the company that will deliver exactly what you need is higher.
What you should be aware of when working with an Indian-based IT company?
The challenges the Indian IT industry faces still have a huge impact on the local market and creates difficulties to attract new investments. Some of the biggest challenges are software piracy, lack of discipline, and missing a well-established business culture and environment.
Are Indian IT companies reliable?
The Indian IT market exposes a huge number of companies, that act differently, has various experiences, and engage different-level professionals in the IT process. The growing number of companies that relocate and invest in Indian IT infrastructure reveals an increasing level of trust in the country’s industry. However, approaching an Indian company without good research about the history, portfolio and reputation may be challenging.
How the Indian IT industry relates to the neighboring countries
The biggest regional competitor of the Indian IT industry is the Chinese one. Both countries have known growth in the past few years within the sector, and provide similar opportunities to foreign companies and potential customers. On the other hand, Indian companies tend to provide more creative services, while China focuses on computing and software development.
Generally, India is a good opportunity for budget projects and average tech competencies compared to the EU & US markets. In terms of IT investments, India is a promising destination.