After registering an annualised compound growth rate of 35 per cent in last few years, country’s IT and BPO industry is expected to continue to grow over 30 pc y-o-y for at least another four years, projects a survey. 

Offshoring has not only enabled top players like TCS, Infosys, Wipro but also Tier 2 Indian players to grow at a much faster pace than their global peers like IBM, Accenture and Fujitsu, the study conducted by ASSOCHAM reveals.

It shows that over the years most of the Indian IT Services/BPO players have been moving up the value chain. Considering this positive outlook, Venture Capital investors are looking at investing in these companies.
VCs are also looking to invest in companies with niche focus such as Flextronics Software System, Geometric software, Quattro  among others the study reveals.