For updated information, please visit www.ibef.orgIT & ITeS1For updated information, please visit www.ibef.orgMarch 2019IT & ITeS每日免费阅读行业报告1、每日星球内分享10+精品报告;2、不定时分享国际投行报告,脱水研报等;3、行业报告均为公开内容,版权归原作者所有,星球仅分享内部学习。扫描右侧二维码即刻加入【行业报告(免费) 】星球(此页只为更多需要行业报告的朋友提供便利,希望不会影响您的阅读,谢谢理解!)For updated information, please visit www.ibef.orgIT & ITeS2Table of ContentAdvantage India……………..….……… 4Market Overview ………..…………..…. 6Growth Drivers and Opportunities....….18Key Industry Organisations.............…. 29Recent Trends and Strategies……...…14Executive Summary………….….…..… 3For updated information, please visit www.ibef.orgIT & ITeS3EXECUTIVE SUMMARYThe IT-BPM sector in India expanded at a CAGR of 10.71 per cent to US$ 167 billion in FY18 from US$ 74billion in FY10, which is 3–4 times higher than the global IT-BPM growth. It is estimated that the size of theindustry will grow to US$ 350 billion by 2025.Strong growth opportunitiesIndia is the leading sourcing destination across the world, accounting for approximately 55 per cent marketshare of the US$ 185-190 billion global services sourcing business in 2017-18.India acquired a share of around 38 per cent in the overall Business Process Management (BPM) sourcingmarket.Leading sourcing destinationIndia’s highly qualified talent pool of technical graduates is one of the largest in the world, facilitating itsemergence as a preferred destination for outsourcing, computer science/information technology accounts forthe biggest chunk of India' fresh engineering talent pool, with more than 98 per cent of the colleges offeringthis stream.Largest pool of ready to hire talentThe computer software and hardware sector in India attracted cumulative Foreign Direct Investment (FDI)inflows worth US$ 35.82 billion between April 2000 and December 2018 and ranks second in inflow of FDI, asper data released by the Department of Industrial Policy and Promotion (DIPP).Most lucrative sector for investmentsTotal export revenue of the industry is expected to grow 7-9 per cent year-on-year to US$ 135-137 billion inFY19. IT-BPM sector accounts for largest share in total Indian services export, which is 45 per cent.Hiring at India’s top 10 information technology (IT) companies grew more than four-fold year-on-year in 2018.Export and employment growthSource: NASSCOM, DIPP, Aranca ResearchNote: BPM – Business Process Management, Data update for FY19 may be available by March 2019 from NASSCOMIndia’s IT industry contributed around 7.7 per cent to the country’s GDP. IT industry employs nearly 3.97million people in India of which 105,000 were added in FY18. The industry added around 105,000 jobs inFY18 and is expected to add over 250,000 new jobs in 2019.IT industry is fueling the growth of start-ups in India, with the presence of around 5,300 tech start-ups in India.Large contribution to the Indian economyFor updated information, please visit www.ibef.orgIT & ITeS4IT & ITeSADVANTAGE INDIAFor updated information, please visit www.ibef.orgIT & ITeS5ADVANTAGE INDIAStrong growth in demand for exports from new verticals.Rapidly growing urban infrastructure has fostered several IT centres in the country.Expanding economy to propel growth in local demand.Indian IT firms have delivery centres across the world.IT & ITeS industry is well diversified across verticals such as BFSI, telecom and retail.Increasing strategic alliance between domestic and international players to deliver solutions across the globe.India has a low-cost advantage by being 5-6 times inexpensive than US.A preferred destination for IT & ITeS in the world; continues to be a leader in the global sourcing industry with 55 per cent market share.Tax exemption of three years in a block of seven years to start-ups under ‘Startup India’. More liberal system for raising global capital, funding for seed capital and growth and ease of doing business, etc. have been addressed.ADVANTAGEINDIANote: SEZ stands for Special Economic Zone, BFSI stands for Banking, Financial Services and Insurance, E stands for Estimate, F stands for Forecast, AI* - Artificial Intelligence Source : Nasscom, News sourcesIn the Interim Budget 2019-20, the Government of India announced plans to launch a national programme on AI* and setting up of a National AI* portal.In February 2019, the Government of India released the National Policy on Software Products 2019 to develop India as a software product nationFor updated information, please visit www.ibef.orgIT & ITeS6IT & ITeSMARKET OVERVIEWFor updated information, please visit www.ibef.orgIT & ITeS7EVOLUTION OF THE INDIAN IT SECTORBy early 90s, US-based companies began to outsource work on low-cost and skilled talent pool in India.Firms in India grew in terms of their size and scope of services offered as more and more western companies setup their bases in the country.The US$ 167 billion Indian IT industry employs nearly four million people.India ranks third among global start-up ecosystems with more than 5,300 tech ...
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