India’s outsourcing sector to grow

Offshore revenues account for $19.5 bil of the $ 570 bil market for IT-services. At present India accounts for $ 11 bil of the total global outsourcing of IT-services but inthe future one in ten jobs in the IT-services space will move from the developed nations to the devloping economies like India and China. By 2005 India?s share will grow to 49% of the total global outsourcing pie.

Though India is still maintains its headstart in the outsourcing game and will be able to retain its lead for the next 18 months it must take due notice of its greatest adversary China.

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