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B&E Indicators
 
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B&E Indicators

Issue Date - 16/02/2012
 
Indian IT, surging ahead

Very few industries in modern economic history have replicated the success story of the Indian IT-BPO industry. In fact, the industry is a significant growth catalyst for the Indian economy and has grown 11 times in the last decade, up from $8.2 billion in 2000 to $88.1 billion in 2011. As of now, IT services continues to be the largest share of all segments followed by the BPO, ER&D segment and the hardware industry.

 
Headcount to double by 2014

Over the last five years, while the aggregate revenues of top global IT services firms have been 2-4 times the aggregate revenues of top Indian IT services firms, the employee base of global majors has been proportionately declining, reaching at 30% lower level than the top Indian firms. From the current employee base of 493,000, the top four Indian firms could add another 430,000 employees over the next three years to reach a total of 923,000 by 2014.

          

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