Well established and growing ITeS segment. Some of the world’s largest outsourcing companies are based here. Relationship with global GSIs is very important for success in US, EMEA markets.
Well regulated and growing BFSI segment. Largest of the banks, insurance, micro finance companies are based here.
Public sector catching up on digitization fast – push led by current Govt.
Manufacturing contributes 17% to GDP and expected to grow rapidly with push by government for ‘Make in India’.
Online buying and ‘industrialization’ of retail happening at rapid pace. Today 90% of retail is unorganized.
India is 3rd largest Start up ecosystems in the world. Some of the best-known unicorns are based here.
Big and successful Telecom companies including largest green field Telecom operator. Highest mobile data consuming country in the world.
Big presence of Global IT captive centers
(also called Global innovation centers).
Global captive centers are being leveraged as entry point (influencers + buyers) for global IT initiatives for customers.
Healthcare spend at 2.1% of GDP (vs. US spend 18.3%). Healthcare is cheaper and vast medical resources available ensuring headroom for growth. Vision of becoming ‘world’s pharmacy’.