| India's software industry has over the
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| | WIT) a company that has over the past
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| years grown in importance in the global
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| | couple of years has snapped up various US
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| market that we now have. The majority of
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| | and European companies, which is sure to
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| revenue generated is from their export
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| | have sent out a message to their Western
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| market (i.e. selling services to offshore
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| | competitors of their intent to continue
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| companies), which is in heavy competition
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| | moving forward. And its competitors in
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| with the USA.
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| | the West are companies which just cannot
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| After 9/11, many companies around the
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| | compete with India's lower wagers but
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| world realised the need for offshore
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| | higher skills level.
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| back-up systems and this prompted a rash
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| | What can major Western software companies
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| of investment by banks, airlines,
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| | do to fight back? Will home grown Indian
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| telecommunications and IT companies.
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| | companies be buying up the major Western
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| The Indian software industry is worth
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| | players as they find that they cannot
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| approximately $38billion, with $31billion
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| | compete in the long-term?
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| of that being generated from exports.
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| | I cannot answer the second question, but
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| So who are the major players?
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| | a possible answer for the first is that
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| Infosys (NASDAQ - INFY), which floated on
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| | some of the advantages established
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| the US stock market in 1999, is an Indian
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| | Western companies have over emerging
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| IT outsourcing with no Indian clients.
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| | Indian companies are the experience in
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| It's purely a player on the global stage
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| | managing projects efficiently and meeting
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| and one that's only growing. Its shares
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| | deadlines and the basic infrastructure
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| may not be on the rise right now, but
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| | within their own company and society
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| once the dollar grows back in strength
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| | ensures there is less rough and more
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| their value will show and it will be time
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| | polish. It's not to say that some of
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| to sell.
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| | India's IT companies are not on equal (or
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| If you're brave and enjoy a venture in to
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| | superior) footing in terms of
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| the foreign markets India's TCS (Tata
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| | infrastructure but the companies leading
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| Consultancy Services Ltd) is another of
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| | the way in terms of infrastructure are
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| the major players in India's software and
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| | majors such as TCS, Wipro and Infosys.
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| IT outsourcing industry. Tata may be a
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| | For smaller projects, investment in India
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| name familiar to many of you from Tata
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| | is a gamble, as you may not know of the
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| Holdings, which is one of India's biggest
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| | products doom until the eleventh hour.
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| industrial groups, so you can feel very
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| | Western companies survival will depend up
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| confident about this stock's value and
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| | on them promoting the quality of
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| future. Currently, TCS (TCS.NS) is listed
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| | development they have to offer and the
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| on India's national stock exchange.
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| | solidity of project management from
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| Next up is Wipro Technologies (NYSE -
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| | beginning to end.
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