Indian Information Technology (IT) industry is a sunshine sector. One of the fastest growing industries in India, it has build a huge reputation in world market with it’s ever increasing mergers and acquisitions . The brand equity of Indian It industry is unmatched by any other emerging country. The term IT industry contains several other sectors within itself. The likes of software industry and information technology enabled services (ITES) and business process outsourcing (BPO) industry come under the umbrella brand of IT industry. Since the advent of new millennia, Indian IT industry has kept on touching new heights and has also become one of the hottest destinations for IT-enabled services.
It all started in 1974 when currently India’s number one IT Company Tata Consultancy Services (TCS) shook hands with mainframe manufacturer, Burroughs to export programmers for installing system software for a U.S. client. It was a nascent stage for IT industry. But that one big step proved to be a beginning for glorious Indian IT industry. Today Indian companies like TCS, Wipro, Infosys, HCL, Tech Mahindra etc have carved a niche for themselves. They are a force to reckon with on global IT stage. Many factors contributed in growth and development of IT industry. One of them is Indian education system that places special emphasis on science, mathematics and English. These elements play a major role in IT industry. Apart from that skilled human resources have provided India with one of the largest of English-speaking professionals. The infrastructure has improved by leaps and bounds and cost is quite low compared to other countries.