The Indian Technology industry and in particular the software industry is vibrant and successful. It is one of the fastest growing sectors of the Indian economy with more than 2000 companies. It is host to established IT companies such as IBM, Intel, Microsoft, Oracle, Cisco, Sun, HP, and Alcatel. Hundreds of engineering heavyweights such as Mercedes Benz, Ford, GM, Volvo, Honda, Toyota, and Whirlpool have all set up global supply bases and factories in India.
India offers:
- a software and IT enabled services sector with the highest compound growth rate globally for the last five years in a row
- a thriving indigenous software and engineering industry which includes many innovative companies
- a skilled and flexible English-speaking workforce with experience in engineering, R&D and IT
- an enabling and facilitating regulatory framework
- an established tradition of research and innovation in both academia and industry
- an advanced and competitively priced telecommunication infrastructure with Convergence being built in at a very rapid pace
- economic and political stability.
Leading global business intelligence and consultancy firms such as Giga, Forrester Research and McKinsey & Co. have cited various reasons for the increase of offshore outsourcing by MNCs to India. India's quality and cost benefit edge is one of the major draws for these organizations, analysts say. Giga predicts that, compared to other competing countries such as China, Ireland, Israel, and the Philippines, India will continue to dominate as the preferred off shore outsourcing destination.
The new Silicon Valley of India, Hyderabad, houses a large pool of talent. Microsoft and Oracle are just two examples of global R&D centers in the city. Its comprehensive infrastructure facilities make Hyderabad one of the most sought after base for software development and Business Process Outsourcing (BPO).
India is the partner to global markets. It is your competitive advantage.
GLOBAL BUSINESS LEADERS ARE BULLISH ON INDIA'S POTENTIAL
 | Jack Welch
General Electric
"A truly global company will be one that uses the intellect and resources of every corner of the world. India is a developed country as far as intellectual capital is concerned.The opening of (offshore) development centres mark a new level of commitment by GE in India." |
|  | John Chambers,
CISCO Systems
"We are expanding our presence in india to take advantage of the ample research and development talent available...our Global Development Centre is a critical component of our future success." |
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 | Michael Dell,
Dell Computers
"India can become a major part of Dell's operations and a major source of the human capital that Dell takes on as a company...and we are looking for further opportunities to take advantage of skilled labour." |
|  | Bill Gates,
Microsoft
"Three years ago,during my visit to India,the country was emerging as an IT superpower. Today,the country is handling the most sophisticated projects in the world...I am impressed with the talent we have in our India Development Centre and the quality of software being developed." |
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 | Lawrence J Ellison,
Oracle Corp
"I love Indian food and only a few minutes away from my house in Redwood Shores is Gaylord where I eat a lot of naan, dal makhani and baingan bartha. Oracle is committed to India and has invested huge amounts of money in engineering. Yes, symbols are important for other top CEOs like Gates, John Chambers and Carly Fiorina have come to India, but I am deeply committed to the Indian venture where we have 2000 employees, which we will scale up to 4,000." |
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The following companies have set up development centres in Hyderabad.
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