| It leads to threats and opportunities in | | | | Indian companies are on the best |
| IT Outsourcing for India and China | | | | position on the list and have highly |
| globally. Though, European IT companies | | | | skilled technical manpower with cheap |
| have leaned to view the world's two most | | | | labor rate for the purpose of Offshore |
| populous destinations as cheap manpower | | | | Software Development. Lofts of foreign |
| centers and gradually more even as | | | | companies having setups in India are |
| possibly large markets as their | | | | also planning to raise their workforce |
| economies are also growing. For these | | | | by employing Indian talents with the |
| companies these two destinations are the | | | | purpose of utilizing the country's |
| best spots of Offshore Software | | | | skills in the best possible manner. They |
| Development. But those stereotypes | | | | are also in hurry for the acquisitions |
| timing and demand of these country | | | | with the Indian IT Outsourcing |
| scenarios are changing. | | | | companies. These MNCs and other overseas |
| India's IT firms have rapidly moved up | | | | companies are doing all these to boost |
| the value chain model and have actually | | | | the strength of their company. These |
| become some of the biggest recipient of | | | | companies are hiring lots of Indian |
| skill outsourcing services. Country's | | | | talents every month. |
| large IT services firms increasingly | | | | Until now, many overseas companies had |
| compete head to head with several large | | | | avoided Indian IT acquisitions on |
| European complements for software | | | | grounds that assessments were too |
| business and overseas services. In | | | | costly, but the carving to rise up |
| Bangalore India, more IT orientated | | | | quickly appear to have changed their |
| brains are serving than in Silicon | | | | sight towards the IT Outsourcing to the |
| Valley. That's where things are favoring | | | | country. It's not just in the world of |
| the country. These are the things that | | | | Information Technology where the change |
| help in bringing the innovation in the | | | | is taking place. Many countries are |
| county. | | | | aiming India for many other services and |
| IT Outsourcing companies | | | | viewing it different from Offshore |
| As far as IT Outsourcing is concerned, | | | | Software Development destination only. |