India most competitive in global offshoring market: Key facts

Written by ENS Economic Bureau | New Delhi | Updated: Oct 18 2014, 16:14pm hrs
Offshoring marketIndia's market share in the total global outsourcing market in 2013, as compared to 52% in 2012, according to Nasscom.
India continues to be a premier destination for global offshoring in IT and ITeS even as there are other countries in Asia and Latin America emerging as new destinations in this space.

55%: India's market share in the total global outsourcing market in 2013, as compared to 52% in 2012, according to a study by IT body Nasscom.

India's unique value proposition is of a mature customer focused industry, domain experience, large pool of talent and proven track record which would ensure that it maintains its competitiveness and market share.

KEY METRICS

$86 billion: Estimated export revenue of the industry in 2013-14, up 13.1% from $75.8 billion in 2012-13

3.13 million: Estimated number of professionals to be employed by the IT-ITeS industry in 2013-14, up from 2.96 million in 2012-13.

24,50,000: Number of employees catering to domestic demand for IT and ITeS

6,80,000: Number of employees catering to export demand