Nasscom released the rankings of Top 20 IT software and service exporÂters
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 signiÂficant offshore operations in India — and would have been placed
amongst the Top 10 of this list, were they to be ranked. In addition, comÂpanies
such as Kanbay, Syntel and IntelliÂgroup — with an India-cenÂtric global
delivÂery model but unable to provide India specific revenue details — were
also excluded from this list.
Kiran Karnik, President, Nasscom, said, “India's serÂvices exports grew
by over 33 percent in FY06 to clock reveÂnues of $17.3 billion, led by a strong
demand and inÂcreaÂsed traction for tradiÂtional serviÂces like ADM, new serÂviÂces
like EAI and package imÂpleÂmenÂtation, 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 acquisiÂtions, 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
emploÂyees in the last fiscal. There is demand in traditional areas like custom
application deveÂlopment and maintenaÂnce (CADM), system inteÂgraÂÂtion and
IT consulÂting, application manageÂment and IS outsourÂcing/ infrastructure
manageÂment services. Other emerÂging areas include software testing and
service-oriented architecÂture 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.