TCS tops IT exports in India

DQW Bureau
07 Jul 2006

Nasscom released the rankings of Top 20 IT software and service expor­ters
in India (excluding ITeS-BPO revenues). This list does not include companies,
such as Cognizant, Accenture, IBM and HP, as they are US listed companies but
have signi­ficant offshore operations in India — and would have been placed
amongst the Top 10 of this list, were they to be ranked. In addition, com­panies
such as Kanbay, Syntel and Intelli­group — with an India-cen­tric global
deliv­ery model but unable to provide India specific revenue details — were
also excluded from this list.

Kiran Karnik, President, Nasscom, said, “India's ser­vices exports grew
by over 33 percent in FY06 to clock reve­nues of $17.3 billion, led by a strong
demand and in­crea­sed traction for tradi­tional servi­ces like ADM, new ser­vi­ces
like EAI and package im­ple­men­tation, and new areas like engineering

services exports grew by over 33 percent in FY06 to clock revenues of
$17.3 billion, led by a strong demand and increased traction for
traditional services like ADM, new services like EAI and package
implementation, and new areas like engineering services"

      -Kiran Karnik, President, Nasscom

“The industry has been able to maintain this growth, despite a larger base,
through large client wins, cross-border mergers and acquisi­tions, and the
movement of industry towards a stable pricing model,” he added.

According to the survey, IT software and services has added over 120,000
emplo­yees in the last fiscal. There is demand in traditional areas like custom
application deve­lopment and maintena­nce (CADM), system inte­gra­­tion and
IT consul­ting, application manage­ment and IS outsour­cing/ infrastructure
manage­ment services. Other emer­ging areas include software testing and
service-oriented architec­ture and web services.

Leading MNC IT companies have operations in India, accounting for 16 percent
of their delivery capabilities in offshore locations with India accounting for
70 percent of the total offshore employee base.


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