India has emerged as a major outsourcing hub for software development worldwide.
The business is growing at a healthy pace of 30%.
India has the advantage of a very large number of English speaking populations, which is more than in any other non-English speaking country. Add to that the lower cost of manpower, it becomes very attractive to hire Indian software professionals. Once the boom started, India is producing software professionals by thousands. IT education starts right from Nursery and specialized institutes are available to provide diplomas/degrees in various fields of IT.
India is almost 12 hours behind USA. This really helps outsourcing. A company located in USA gets work done during the night-time and as a result gets output even during the non-productive hours. The Clients can give out work at the time of leaving office and have the results next day morning.
Of late, there has been a move to shift from Microsoft based technologies to Open Source technologies like PHP. This move has been, particularly, noticeable in Europe and Latin American countries. India has taken initiative in this area also. Now, we have very good skilled resources available both in PHP and Dot Net technologies.
Govt. of India has taken a lot of initiative to make sure that software outsourcing to India grows rapidly. A lot of tax incentives have been give to Software industry. Special Economic Zones are being setup for the IT and software industry. These zones have all the infrastructure as well as licensing simplified so that the companies do not waste time in unnecessary red tape and paper work.
There are many a success stories in the field of software development and outsourcing. Right from custom software development, India is now developing many software products as well. There is lot of web application development in India, these days. There are new areas like SEO experts India. It is becoming so important that this may be the next big thing.
Then there are specialized services like CAD services India and 3d designing. Web site design specially, high-end design using flash and 3d is becoming quite common. This has found applications in animation movies, special effects and even 3d gaming
The way software industry has grown in the last 10 years and looking at current trends, there seems to be no looking back. In fact, more and more work is getting outsourced. There is lot of PHP work available from the .NET as the open source is getting more and more popular. Companies have realized that it is better to outsource their non-core work and get it done from the specialists.