Question : OUTSOURCING MARKET

:-

(a) whether outsourcing is a big market for India;

(b) if so, the estimated value of outsourcing market of India at present;

(c) the companies operating in the field of outsourcing in India;

(d) whether Indian companies are not capable of competing with the international companies in outsourcing;

(e) whether the Government proposes to promote Indian companies to bring them at a par with international companies; and

(f) if so, the details thereof and if not, the reasons therefor?

Answer given by the minister


MINISTER OF STATE FOR COMMUNICATIONS AND INFORMATION TECHNOLOGY(DR. SHAKEEL AHMAD)


(a) to (f): A Statement is laid on the Table of the Lok Sabha.

STATEMENT REFERRED TO IN REPLY TO LOK SABHA STARRED QUESTION NO.405 FOR 24.08.2005 REGARDING OUTSOURCING MARKET.


(a): Yes, Sir.

(b): Value of outsourcing market for Indian IT software industry is US $17.2 Billion during 2004-05.

(c): The companies operating in the field of IT software & services outsourcing in India have proven their mark in the global market. Indian industry`s quality and cost benefits are amongst various advantages that have made India a preferred destination for outsourcing. As per the database maintained by National Association of Software and Seervice Companies (NASSCOM), 3170 companies are engaged in outsourcing business in India.

(d): No Sir.

(e): Yes Sir..

(f): Details of various steps taken by the Government to promote IT Software & Services exports sector are given in Annexure.