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The global outsourcing market in India continues to grow at a higher pace compared to the IT-BPM industry. The global IT & ITeS market (excluding hardware sector) reached US$ 1.2 trillion in 2016-17, while the global sourcing market increased by 1.7 times to reach US$ 173-178 billion. India remained the world’s top sourcing destination in 2016-17 with a share of 55 percent. Indian IT & ITeS companies have set up over 1,000 global delivery centres in over 200 cities around the world. This has already led the economic transformation of the country and altered the perception of India in the global economy.
The global outsourcing market in India continues to grow at a higher pace compared to the IT-BPM industry. The global IT & ITeS market (excluding hardware sector) reached US$ 1.2 trillion in 2016-17, while the global sourcing market increased by 1.7 times to reach US$ 173-178 billion. India remained the world’s top sourcing destination in 2016-17 with a share of 55 percent. Indian IT & ITeS companies have set up over 1,000 global delivery centres in over 200 cities around the world. This has already led the economic transformation of the country and altered the perception of India in the global economy. India's cost competitiveness in providing IT services continues to be the mainstay of its Unique Selling Proposition (USP) in the global sourcing market. However, India is also gaining prominence in terms of intellectual capital with several global IT firms setting up their innovation centres in India. The IT industry has also created significant demand in the Indian education sector, especially for engineering and computer science. The Indian IT and ITeS industry is divided into four major segments - IT services, Business Process Management (BPM), software products and engineering services, and hardware.
Team Leader
Sarika Gulyani
DirectorTimeline
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2009
2008
Feb
Event
Workshop on Empowering Publishers with Indic Internet and Empowering India
Dec
Aug
Event
Webinar on Navigating the Digital Personal Data Protection Act and Understanding the Impact on the Industry
Oct
Press Release
Data protection framework to be tabled during the Budget session in the Parliament: Lt Gen (Dr) Rajesh Pant, National Cyber Security Coordinator
Press Release
5G launch a big step in ease-of-doing-business and ease of living: FICCI
May
Apr
Mar
Press Release
Indian women play huge role in the growth of our economy but their strong impact in technology & defence sector deserves utmost respect: Dr Ajay Kumar, Defence Secretary
Jan
Dec
Press Release
Govt to soon launch National Language Technology Mission: Secretary, MeitY
Nov
Press Release
Digital Innovation will transform agriculture: Senior Adviser, NITI Aayog
Oct
Sep
Event
FICCI-ILIA Webinar on Role of Universal Acceptance in Indic Internet and Language Technology Sector of India
Press Release
Government working to ensure digital economy contributes $1 trillion to GDP by 2025: MeitY
Jul
Event
Webinar on Opportunities for Cooperation in ICT Sector between India and Russia
Press Release
Govt to soon launch National digital platforms for skills and jobs, healthcare, education: Secretary, MeitY
Event
Digital Bharat 2020 - Digital the New Normal
Press Release
AI and smart analytics will redefine the future of logistics supply chain
Jun
Press Release
Technology enabling businesses to improve communication with employees: President & CEO, Panasonic
Event
FICCI Webinar on Driving Growth Through Employee Engagement
Event
FICCI-ILIA Technical Workshop on “Universal Acceptance Overview” under UASG local India initiative
May
Event
Webinar on The importance of Creator Driven Economy
Event
Webinar on Universal Acceptance Awareness
Apr
Event
Webinar on AI for Social Good
Event
Webinar on Importance of Language Computing Technologies during Global Health Crisis
Feb
Jan
Press Release
Develop IT, e-commerce among SCO member countries: SCO Secretary General Vladimir Norov
Nov
Press Release
Lack of online Indic content a huge opportunity: MeitY Secretary
Oct
Jul
Event
Roundtable on "Responsible AI and Framework" - a Global Policy Framework and Discussion on Ethical AI Principles
Event
FICCI Call on Meeting with Shri Ajay Prakash Sawhney, Secretary, Ministry of Electronics & Information Technology, Government of India
Jun
Press Release
FICCI-led Indian delegation in Russia to collaborate on ICT emerging technologies
May
Press Release
A.I. and other Frontier Technologies to bridge the gap and reduce accessibility issues in the country: Joint Secretary, MeitY
Oct
Press Release
Language localisation being given top priority to bring govt. services closer to the people: Secretary MeitY
Sep
Press Release
National Cyber Security Coordinator cautions against tardy implementation of security measures against cyber crime
Aug
Event
FICCI Big Data and Analytics Conclave 2018: Powering Digital Transformation through Analytics Economy
Jul
Press Release
Blockchain technology to yield fruitful results for the common man says UP Finance Minister
Jun
Apr
Press Release
Upcoming data protection law will make the country future-ready: Maharashtra IT Secy. at CyberComm 2018
Feb
Jan
Press Release
Blockchain Technology can transform e-governance: Devendra Fadnavis
Oct
Event
i-Telangana 2017
Jun
Event
FICCI Business Delegation to 9th International IT Forum - Khanty-Mansiysk, Russia
Jan
Event
i-bharat-2016
Dec
Event
Seminar on Powering Digital India with Enterprise Architecture
Sep
Press Release
Digital India is politics neutral, will empower India and Indians: Ravi Shankar Prasad
Jul
Press Release
Government creating enabling policy environment to enhance private sector's participation in 'Digital India' programme
Press Release
FICCI commends launch of Digital India program by the PM as 'Digital Transformation' for economy
Aug
Feb
Nov
Jul
Event
eINDIA 2013
Jun
Event
Gartner Business Intelligence & Information Management Summit
May
Event
Gartner IT Infrastructure Operations & Data Center Summit
Mar
Press Release
National Cyber Security Policy in the offing: IT Secretary
Feb
Oct
Event
Third Worldwide Cybersecurity Summit
Sep
Press Release
Internet an indispensible tool for governance in a free democracy: Sibal
Event
A Multistakeholder Discussion on India's Position in the UN for Internet Governance(UN-CIRP)
Apr
Event
WITFOR 2012
Feb
Event
Roundtable on Privacy in the Context of Hyper-Connected World
Nov
Event
Industry Forum on "Cybersecurity and Business The Challenges and Opportunities" & Launch of 3rd Worldwide Cybersecurity Summit
Aug
Event
Interactive Session with Shri. Nandan Nilekani, Chairman, UIDAI on AADHAAR
Oct
Mar
Event
Hyderabad IT Summit 2008 - Empowering IT With World Class Infrastructure
