Presented by: Prasad Nimbalkar Pravendra Kumar Ajit Kumar
Class: PGDBM, 2008-10
ITES
did not exist 2 decades ago.
Created
international benchmarks for
QUALITY. Create
the brand of “New India” and
served as an inspiration for everyone else.
Overview of ITES
The changing Scenario of Country. Being regarded as knowledge powerhouse. Spectacular Economic Achievement. Important player in international
technological Arena
Introduction
The
ability to use operations in different
time zones. Global
IT sourcing creates employment
and supports economic growth. ◦ Eg- Ireland, Korea and India India,is
a well-known destination for global
IT sourcing.
Drivers of Global IT Sourcing
Direct
contribution
◦ country’s GDP has been steadily increasing from a share of 1.2% in FY98 to 5.2% in FY07 ◦ Export earnings in FY08 - USD 40.0 billion with a growth of 36% ◦ Direct employment - .0 million by end of FY08 ◦ the largest employer in the organized private sector of the country ◦
Contributing to Economic Growth:
Indirect
contribution
◦
◦ Additional employment generation ◦ Encouraging balanced regional development ◦ Increase in registered IT/ITES units ◦ Employment ◦ Infrastructure and other amenities ◦ Improving the product/service quality level ◦
30%
of companies worldwide who have
reached Level 5 of Capability Maturity Model Integration(CMMI) are Indian IT/ITES firms. Nearly
75% of Fortune 500 outsourcing
technology related services from India.
Some findings
SIZE-
about US$40 billion in 2006-07
POLICY
- 100% FDI is permitted.
OUTLOOK
- expected to grow to US$77
billion by 2010. ◦ Exports expected to reach US$60 billion in 2010.
Indian ITES Industry
Establishment Single-
of a software tech. parks of India
window clearances for setting up export
orientation unit Basic No
infrastructure
fdi restrction
Fiscal
reform(international taxation, ) to facilitate
international transaction
Government initiatives and progressive policy reforms
Area
limit exemption in the SEZ policy.
Special British
emphasis on talent.
Telecom awarded US$ 1bilion
contract to Tech Mahindra. General
Motors awarded Wipro a 5-year
contract of the value of US$ 300 million. ABN
Amro awarded a US$ 500 million 5-
year contract to TCS, Infosis and Patni.
It
is being claimed that KPO is one step extension of Business Processing Outsourcing (BPO) because BPO Industry is shaping into Knowledge Process Outsourcing because of its favorable advantageous and future scope.
Knowledge Process Outsourcing
Thank You