Saturday, February 03, 2007

India 2007

WASHINGTON — 03 February 2007 - Indian firms topped the 2007 Global Services 100 list of the best IT and BPO companies in the world with 36 making the grade.

The US came second with 32 companies, says Global Services magazine, which compiles the list on the basis of an 18-country survey. However, over a dozen US companies service their clients largely through BPO offices based in India.

The survey also points at the strongest bilateral IT/BPO relationship between the US and India. The US is expected to purchase some $1.55 trillion in IT/BPO goods and services in 2007, of which two-thirds will probably come from India. In the specific areas of outsourcing, PricewaterhouseCooper has estimated the global market to be $234 billion and the US represents 59 per cent of that market.

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