Outsourcing industry generated $23.4 bln for India

India’s $23.4 bln outsourcing industry accounts for most of the country’s software and services industry, which makes up nearly 5% of GDP. The industry employs 1.2 mln workers, has sparked a consumer revolution in India, and is accelerating at more than 30% a year. India produces 3 mln college graduates every year, including nearly 400,000 engineers.