TCS tops IT exports in India

DQW Bureau
07 Jul 2006
New Update


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.