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    The Software Industry in India

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    SathishKumar Manoharan
    The document discusses the success of the software industry in India. It notes that India has become a major outsourcing destination for customized software due to its large skilled, low-cost workforce. As a result, the Indian software industry has grown significantly and contributed greatly to the country's economic growth and exports. Key reasons for the success of Indian software companies include low costs and availability of skilled professionals. Some of the largest software companies in India are Tata Consultancy Services, Wipro, Infosys, HCL Technologies and Tech Mahindra.

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    The Software Industry in India

    Uploaded by

    SathishKumar Manoharan
    291 views6 pages
    The document discusses the success of the software industry in India. It notes that India has become a major outsourcing destination for customized software due to its large skilled, low-cost workforce. As a result, the Indian software industry has grown significantly and contributed greatly to the country's economic growth and exports. Key reasons for the success of Indian software companies include low costs and availability of skilled professionals. Some of the largest software companies in India are Tata Consultancy Services, Wipro, Infosys, HCL Technologies and Tech Mahindra.

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    Software Salaries

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    The document discusses the success of the software industry in India. It notes that India has become a major outsourcing destination for customized software due to its large skilled, low-cost workforce. As a result, the Indian software industry has grown significantly and contributed greatly to the country's economic growth and exports. Key reasons for the success of Indian software companies include low costs and availability of skilled professionals. Some of the largest software companies in India are Tata Consultancy Services, Wipro, Infosys, HCL Technologies and Tech Mahindra.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    291 views6 pages

    The Software Industry in India

    Uploaded by

    SathishKumar Manoharan
    The document discusses the success of the software industry in India. It notes that India has become a major outsourcing destination for customized software due to its large skilled, low-cost workforce. As a result, the Indian software industry has grown significantly and contributed greatly to the country's economic growth and exports. Key reasons for the success of Indian software companies include low costs and availability of skilled professionals. Some of the largest software companies in India are Tata Consultancy Services, Wipro, Infosys, HCL Technologies and Tech Mahindra.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 6

    It's the technological revolution that at times brings surprising opportunities for some nations.

    India, though not


    among the front runners in terms of economic growth, has successfully utilized such opportunities in the revolution to
    become an IT hotspot. For the past several years, India has been an increasingly favored destination for customized
    software development. As a result, a number of software companies in India have come up. Not only the number of
    players has increased in the Indian IT market, but at the same time, Indian software companies have done
    considerably well in the global market. Such huge success of software companies in India has given birth to a new
    speculation – whether other developing countries should imitate Indian example and whether the success of India
    would constitute a competitive challenge to the software industry of the developed world or not.

    The Software Industry in India

    With the huge success of the software companies in India, the Indian software industry in turn has become
    successful in making a mark in the global arena. This industry has been instrumental in driving the economy of the
    nation on to a rapid growth curve. As per the study of NASSCOM-Deloitte, the contribution of IT/ITES industry to the
    GDP of the country has soared up to a share of 5% in 2007 from a mere 1.2% in 1998. Besides, this industry has
    also recorded revenue of US$ 64 billion with a growth rate of 33% in the fiscal year ended in 2008.

    The export of software has also grown up, which has been instrumental in the huge success of the Indian software
    companies as well as the industry. In fact, software export from India accounts for more than 65% of the total
    software revenue. The domestic software market largely depends upon sale of software packages and products,
    which constitute major part of revenues. Products account for almost 40% of the domestic market. On the other hand,
    more than 80% of revenue from software exports comes from software services like custom software development
    and consultancy services etc.

    Reasons behind Success of Indian software companies

    There are a number of reasons why the software companies in India have been so successful. Besides the Indian
    software companies, a number of multinational giants have also plunged into the India IT market.

    India is the hub of cheap and skilled software professionals, which are available in abundance. It helps the software
    companies to develop cost-effective business solutions for their clients. As a result, Indian software companies can
    place their products and services in the global market in the most competitive rate. This is the reason why India has
    been a favorite destination for outsourcing as well. Many multinational IT giants also have their offshore development
    centers in India.

    IT Business Sectors

    Most of the software companies in India are into varied types of business. There can be several types of business in
    the IT sectors:

     Infrastructure Software: These include OS, middleware and databases.


     Enterprise Software: These automate business process in diverse verticals like finance, sales and
     marketing, production and logistics.
     Security Software
     Industry-specific Software
     Contract Programming

    Top Software Companies in India


    There are plenty of software companies in India which have been doing well. However, some of the top Indian
    software companies can be listed as:

     Tata Consultancy Services


     Wipro Limited
     Infosys
     HCL Technologies
     Tech Mahindra
     Patni Computer Systems
     i-flex Solutions
     MphasiS
     L&T Infotech
     IBM India

    Software Companies in India

    o Aditya Technologies Pvt Ltd


    o Asset Infotech Ltd
    o Atari Informatics Ltd
    o Baan Info Systems India P Ltd
    o HCL Infosystems Ltd
    o Hexaware Technologies Ltd
    o Iflex Solutions Ltd
    o Igate Global Solutions Ltd
    o Infosys Technologies Ltd
    o Larsen & Toubro Ltd
    o Mastek Ltd
    o NIIT Ltd
    o IBM India
    o Aftek
    o Nucleus Software
    o Vakrangee Softwares
    o Cybertech Systems
    o Eonour Technologies Ltd
    o Patni Computer Systems (P) Ltd
    o Polaris Software Lab Ltd
    o B-commerce Infosystems Pvt Ltd
    o Cerulean Information Tech. Pvt Ltd
    o CMC Ltd
    o CMS Computers
    o HCL Corporation Ltd
    o Satyam Computer Services Ltd
    o Tata Consultancy Services
    o Tata Infotech Ltd
    o Wipro Ltd
    o Cranes Software
    o Geometric Software Solution
    o Computech International
    o Encore Software
    o DSQ Software
    o Digital Globalsoft
    o Danlaw Technologies
    TOP SOFTWARE INDUSTRIES IN INDIA WHO PROVIDES MORE SALARIES
    Tata Consultancy Services

    REFER THIS BELOW LINK

    http://www.payscale.com/research/US/Employer=Google,_Inc./Salary

    Salary Chart
    Median Salary by Job
    Employer: Google, Inc.

    LINK
    http://www.glassdoor.com/Salaries/india-software-developer-salary-SRCH_IL.0,5_IN115_KO6,24.htm

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    ₨27k
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    1 Infosys Salary in India (0 in US) ₨29k

    Microsoft

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    Software Development Engineer ₨901,941
    17 Microsoft Salaries in India (2,065 in US) ₨1.05M

    Software Development Engineer In Test ₨120k


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    Software Development Engineer In Test ₨180k


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    Software Developer ₨363,250
    8 Wipro Salaries in India (3 in US) ₨500k

    ₨29k
    Software Developer - Monthly n/a
    1 Wipro Salary in India (3 in US) ₨31k

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    Software Developer ₨275k


    ₨390,833
    6 HCL Technologies Salaries in India (0 in
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    Software Development Engineer ₨252k


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    2 HCL Technologies Salaries in India (0 in
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    6 Amazon.com Salaries in India (212 in US) ₨1.2M

    ₨950k
    Software Development Engineer ₨1.11M
    4 Amazon.com Salaries in India (69 in US) ₨1.5M

    ₨867k
    Software Development Engineer In Test I n/a
    1 Amazon.com Salary in India (15 in US) ₨928k

    More Amazon.com Software Developer Salaries »


    13 Salaries for 5 Job Titles in India (637 in US)
    Accenture

    ₨310k
    Software Developer ₨375,600
    5 Accenture Salaries in India (2 in US) ₨450k
    ₨297k
    Associate Software Developer n/a
    1 Accenture Salary in India (4 in US) ₨325k

    ₨24k
    Associate Software Developer - Monthly n/a
    1 Accenture Salary in India (4 in US) ₨26k

    Tech Mahindra Limited

    Software Developer ₨290k


    ₨380,000
    5 Tech Mahindra Limited Salaries in India (0 in
    ₨500k
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