Make In India – A New Tomorrow For Offshore IT Services

When the world comes calling to India this January, at the Vibrant Gujarat summit, it speaks volumes about the abilities of the new government at the center rather than a state alone. The GenNext in India waited too long for this opportunity. Their moment arrives. The young entrepreneurs and skilled forces are making the most of this chance offered to them with thought and deliberation.

The Make in India campaign launched by the young new government sets the mood for the go-getters and the pace for foreign investors and collaborators to look to India. It is not a campaign to lure the voters; this job is already executed; it is a national program to allure international clientele. Chalked out to facilitate investment with a systematic approach by including skill development as one of the major portions of the program as the plan of building a best in class manufacturing infrastructure and protection of intellectual property rights says it all. Like the very loved slogan ringing in the young minds of India today

“There’s Never Been a Better Time to Make in India”

make_in_india

Offshore IT related services in India are bound to reach new heights with this program. The boost to infrastructure development gives impetus to creating niche IT centres in India. Gone are the days when India was outsourced with mundane IT jobs. Besides gaining accolades and respect for software development, it is a well known fact that 60% of IT jobs outsourced to India are for testing and quality assurance services. There are more than fifteen thousand small, medium and large IT companies in India out of which around hundred are dedicated offshore development centers of companies from around seventy countries. The IT industry in India is undoubtedly the largest private-sector employer and revenue collector of services export.

The Foreign Direct Investment policy of the Indian government permits 100% FDI in data processing, software development, computer consultancy services, software supply services, technical testing and analysis services. The government promises to have a planned, methodical approach to transform India into the global hub and destination for IT services by 2020.

The additions of new verticals like retail, healthcare and various utilities worldwide for intelligent use of IT related services; the rise in the way software is used across a variety of platforms and the ever-growing devices beyond computers and laptops – the mobiles, watches and other wearable takes the software development industry to a new arena altogether. The SMAC market – social, mobility, analytics and cloud puts this service industry into an unknown frontline.

The skilled, English speaking man power available in India and the strategic geographical location of the country saves billions of USD for companies world wide through the offshore association. The focused initiatives by the government promise of high-value client additions to the Indian IT sector in the coming years. With modern approaches & promises of a better tomorrow, these advantages will become more apparent and true. The infrastructure availability in India gains a push by the Establishment of Software Technology Parks of India (STPIs) , Special Economy Zones (SEZ) Policy, National e-Governance Plan (NeGP) and the National Cyber Security Policymaking it a very reliable destination for offshore development and IT Services outsourcing center.

When the US president comes to India soon to salute the newly arrived Second Republic, India transforms into a promised land for the global community with conviction.

Author: SPEC INDIA


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