IT Outsourcing Companies in India

IT outsourcing companies in India are increasing in number and competing with the international companies and brands. In outsourcing the work of one company is handed over to another company that can be in the same state, nation or at altogether different place. Outsourcing companies in India are becoming a huge source of Information Technology jobs for the freshers as well as for the experienced job seekers. Growth of IT sector has flourished much due to liberalization and privatization of Indian economy during 1990s. It is the time when more progress towards outsourcing in India had been made. Further with the liberalization of telecom and introduction of the New Telecom Policy of 1999, the IP telephony had been introduced, which had given boost to the IT and IT related industries. It is during this period that IT outsourcing companies in India came into being. By the end of 1990s there were many outsourcing businesses related to customer support, medical billing and data processing.

Today with IT boom there are many IT outsourcing companies in India that provide spectrum of IT/ITES BPO services to wide array of clients and are good contributors to the overall economic growth of the nation. India's IT companies have become the hot source of outsourcing for many USA and UK based companies. Now if compared with the IT outsourcing companies of the world then based on balance strength Wipro is at sixth position and Infosys on seventh on the basis of customer testimonials. IBM has grabbed the position because of its size and growth. The list of top outsourcing companies in India include Wipro at first place, Satyam at second and Cognizant at third. According to the International Association of Outsourcing Professionals (IAOP) three top most IT outsourcing companies in India are Wipro, Infosys and Tech-Mahindra that are among the other outsource companies across the world and few others like Mastek, Patni are in top 100 of such IT outsourcing companies list.

Reason for the Growth of IT Outsourcing Companies in India

• In India there is the easy availability of manpower or human resource who are well qualified, English speaking and trained IT professionals.
• Outsourcing is done to make the project cost effective. IT outsourcing in India is boosted because of cheap labor and less overall cost so there can be seen significant dip in the cost.
• India has reliable and strong telecom industry in every city and state. Moreover reliable satellite and submarine communication channels are helping the service providers in India to give uninterrupted services.
• Ever growing Indian economy
• Excellent availability of technology and software solutions.

Top Ten IT Outsourcing Companies in India

Although there is no perfect way of finding the top IT outsourcing companies in India and across the world yet factors like employee performance, customer satisfaction and corporate leadership are considered while making the list. If one company excelled in one attribute then the other in some other. Like Wipro is excellent in providing the outsourcing services whereas Satyam is known for its e-sourcing and Mastek for the newer technologies and inventions. The conglomerate effect of all these results in the following top outsourcing companies list in India.

1. Wipro
2. Satyam
3. Cognizant
4. Infosys
5. Patni
6. TCS
7. HCL
8. Genpact
9. Tech Mahindra
10. Mastek

With this, IT outsourcing India is ever expanding that is leading to the well defined economic growth of the country as well.