The boom in India’s Information Technology (IT) industry has started from the late nineties, and
from a GDP contribution of 1.2% in 1998 it has increased tremendously to a 7.5% in 2012. The Rise in the IT industry has also led to a number of entrepreneurs in the country, marking it amongst the list of technologically innovative countries of the world. The IT industry of India basically is composed of two components – IT services and Business process outsourcing (BPO).
With India becoming an emerging market in the IT sector, there is a growing demand in the world for sourcing IT services. According to India Brand Equity Foundation (IBEF), this sector ranks fourth in the country’s total Foreign Direct Investment (FDI) and accounts for approximately 37 percentage of total Private Equity and Venture investments. The USP about India’s outsourcing market is that it is around 3-4 times cheaper than the US market and this leads to around 690 – 70 percent of cost savings.
The IT software industry in India started with the foundation of Tata Consultancy Services (TCS) by
TATA Group for software development services in India in 1968. Now it has grown to be one of the
biggest companies in IT software with a turnover of more than $10 billion. By the start of the
nineties and big boom of jobs in Indian IT industry, there were a number of key players in the market like Wipro, Patni Computer Systems and Infosys. Later in the turn of the century India has
established itself as a growing leader in this field and numerous global and niche IT companies have
been established to cater to the growing demands of outsourcing and the country’s IT needs.
Before the liberalisation reforms in 1991, of the Indian government had strict control over the
private business entities and the internet lines were in control with the government. After the
reforms and the creation of Software Technology Parks (STP), the majority of the hurdles faced by
the companies were overcome. This enabled the IT companies to directly transmit work done
without any interference; reducing the cost incurred.
With the reforms and better human resources in this sector, India is now an IT hub of the world.
With highly skilled professionals coupled with the knowledge of the latest programming languages
and good environment for growth, the IT software sector of India is expected to grow at a very fast
There is a number of IT software related opportunities for those who have good skills. But here we
will discuss some of the most basic and important job profiles related to the IT software industry
that is on great demand in India.
IT /Software Developer
According to Wikipedia, the definition of a software developer is “A software developer is a person
concerned with facets of the software development process.” Software developers are basically
associated implementing their coding/programming skills to develop a software system for
commercial purposes. Software developers are involved in all the processes of software
development from design to coding.
The basic responsibility of a software designer is to collaborate with software developers to create specific software that meet the requirements of the client. Before the start of developing of the product, the designers look into all the aspect of the feasibility of the project from the product’s efficacy to client’s satisfaction. The make the layout or the blue print of how the software is going to turn out after development process.
Project managers not only guide the software professionals in the full software development cycle
but also act as business analysts that help the managers and company leaders in making good
decisions related to technology. Projects managers are usually those who have some years of
experience in the It software industry and has hands-on experience in programming. The project
managers also work in tandem with the technology vendors and consultants to make the project
Most of the companies nowadays outsource their IT requirements to third party consultants. These
IT consultants help to manage all their IT administration and support functions like deploying,
managing and troubleshooting their software products. This is done by big corporate to reduce the
cost as the system tends to get centralised.
The IT software market of India is still at a growing stage and there will be huge opportunities in the
future for highly skilled professionals. If you have good software skills you can expect a high growth
rate in this industry.
Hasib is a foodie and an avid reader with the same voracious appetite. He is interested in the current trends in job market and time to time writes about employment and career related topics. Reach him @ twitter, Google+