The Indian IT industry’s future potential
The Indian IT industry would do well if it upgrades its capabilities and offerings in line with emerging technologies and market imperatives
News about the coming death of India’s information technology (IT) services industry started to trickle in about five years ago. KPMG broke the news of “the death of outsourcing" in a white paper in July 2012. In January 2013, The Economist reported that India was no longer the automatic choice for IT services and back-office work and cited a report by the consulting firm Hackett that the migration of service jobs to India (and other offshore locations) would stop entirely by 2022.