The Value Proposition for Offshore Development in India

The case for locating offshore resources in India is driven by a strong economic value propositions:

Dramatic cost savings. Fully loaded costs for offshore work in India are 30-50% lower than those in the U.S. and Europe, after factoring in increased expenses for telecommunication, infrastructure, and integration. Many ISVs have captured sizeable savings by offshoring development/maintenance for mature products and executing custom software projects.

Faster time to market. Indian offshore development allows companies to reduce the time required for conceptualization through marketing of the product. Time reductions result from 24/7 development cycles, rapid ramp-up through access to a large pool of resources and faster learning curves in some areas resulting from past experience.

High Quality. Most IT services companies in India have a successfully tested methodology and have in-built quality standards for their development processes. For example, 22 out of the 37 SEI CMM level 5 certified software companies are in India (data as of '2002) . In addition, 140 ISO 9001 certified software development companies also exist in India.

Large technical talent pool. India has the largest English speaking IT talent pool in the world. Over 120,000 trained IT professionals are being added to the Indian talent pool yearly compared to 25,000 in the US. 62 percent of this Indian technical workforce has more than four years of experience and over 70 percent has an engineering degree.

Opportunity to leverage Indian platform for additional activities. An Indian center and its high quality technical talent can also be used for other IT-related activities such as core R&D, developing value-added applications around the core product, and for localizing products to access regional markets.

IT is a major thrust area for the Government of India

	Information Technology is one of the Government of India's top five priorities.
	The National IT Task Force submitted its 108 point Action Plan to promote IT in the country.
	The Government of India has approved the plan and is in the process of implementing it.
	A separate Ministry of Information Technology was set up to expedite swift approval and implementation of IT projects and to streamline the regulatory process.
	Information Technology Act 2000: The Information Technology Bill that was passed in the Indian Parliament in May 2000, has now been notified as the IT Act 2000. The IT Bill brings E-commerce within the purview of law and accords stringent punishments to "cyber criminals". With this, India joins a select band of 12 nations that have cyber laws.

India has a stable democratic government and is one of the world's 10 fastest-growing economies

	Fifty six years of democracy
	Economy expected to grow by 8 percent in 2002-2003 (data as of '2002)
	Indian service sector contributes a massive 51 per cent to India's GDP. Within this category, the most promising is computer software export, which grew at an amazing rate of 40-50 per cent every year.
	Excellent investment potential: India ranked third in Asia, just after Japan and China, in terms of investment potential for the next 10-year period in a study by the Export-Import bank of Japan.
	Privatization of the infrastructure sector
	A convergent network is being created by the intertwining of the ISP, Telecom, VSAT, Cellular and networking sectors. India's large business houses and Public Sector Units are working towards creating greater bandwidth availability.

IT Integrated Solutions is proud to be an Indian Offshore Development company, which effectively leverages these enablers to provide "best-in-class" offshore software development services to you out of India. Our past offshore development experience with our international clients from USA, Mauritius, Dubai, Kuwait and other international locations makes us very confident that we will deliver the best possible quality, at significant cost savings to you, every time!

	India is the leading off-shore destination for Fortune 1000 companies wishing to outsource software development
	In 2001, more than 40% of Fortune 500 companies used services provided by Indian IT service providers
	410,000 people employed at an average annual wage that is 20% of what prevails in the US
	28 Indian companies (out of 62) that are SEI-CMM Level 5
	Over 300 ISO-9000 or SEI-CMM Level 3 companies
	Time difference. offsite-onshore work on 24 hour basis
	Increasing demand for business process outsourcing
	NASSCOM estimates that India's export revenue from IT will grow from $6.2 billion in FY 2001 to $50 billion in FY 2008

India: Country Profile

Encouraged by the technological boom and regulatory reforms taking place in India, all global business enterprises saw a great investment potential and started operations in India.

India is the 7th largest country in the world and the second largest in Asia with a land mass of 3.29 million square Km, and a population of over 900 million. The second largest populous country, India is the home of 16 per cent of world's population and accounts for 2.42 per cent of the total world area. It possesses a richness and diversity in culture, people, language, geographic and climatic conditions and natural resources that are matched by few other countries in the world.

A new spirit of economic freedom is stirring in India, bringing in sweeping changes in its wake. A series of ambitious economic reforms aimed at deregulating the economy and stimulating foreign investment, has moved India firmly into the front rank of the rapidly growing Asia Pacific region and unleashed the latent strengths of a complex and fast changing nation. India's time tested institutions offer foreign investors a transparent environment for the safety of, and reasonable return on, their long term investments. These include a free and vibrant press, a judiciary which can and does overrule the Government, a sophisticated legal and accounting system and a user friendly intellectual infrastructure including a large pool of scientific personnel and trained manpower, most evident in the widespread use of English as the principal language of commerce, administration and higher education.

Services have proved India's most dynamic sector in recent years, registering rapid growth in telecoms and information technology (IT). Services accounted for over 48% of GDP in 2000, including airlines, banks, construction and small-scale private traders, as well as the public sector.

India's dynamic and highly competitive private sector has long been the backbone of its economic activity. It accounts for over 75 per cent of its Gross Domestic Product (G.D.P.) and offers considerable scope for joint ventures and collaborations. Similarly, certain Public Sector Undertakings (PSUs) have been functioning effectively and competitively in the present day atmosphere of liberalized economy. India's process of economic reform is firmly rooted in a political consensus that spans its diverse political parties. Its democracy is a known and stable factor which has taken deep roots over nearly half a century. Importantly, India has no fundamental conflict between its political and economic systems.

India: Fact Sheet

General Information
Population	846 million (1991 Census)
Area	3.3 million square kilometers
Geographical Location	Lies between latitudes 8 ° 4' and 37 ° 6 ' north and longitudes 68 ° 7 ' and 97 ° 25' east
Coastline Length	7,600 km
Languages	17 major languages, 844 dialects
Major Religions	Hinduism, Islam, Christianity, Buddhism, Sikhism, Jainism
National Anthem	Jan gana mana written by Rabindranath Tagore
National Emblem	Replica of the Lion Capital of Sarnath
National Flag	Horizontal tricolor in equal proportion of deep saffron on the top, white in the middle and dark green at the bottom. In the center of the white band is a wheel in navy blue colour.
National Animal	Tiger, Panthera tigris
National Bird	Peacock
National Flower	Lotus
National Tree	Banyan
National Fruit	Mango
National Currency	Rupees (One Rupees = 100 Paise)
GDP	US$ 2.2 Trillion
GDP per head	US$2200
Political Structure
India	Sovereign, Socialist, Secular, Democratic Republic
The Indian Union	25 States and seven centrally administered Union Territories
Form of Government	Parliamentary, based on universal adult franchise
Legislature	Parliament, consists of President and the two Houses, known as Rajya Sabha (Council of States) and Lok Sabha (House of the People)
Executive	Consists of President, Vice-President and Council of Ministers led by the Prime Minister
Judiciary	Independent of executive

About Mumbai

An island connected by bridges to the mainland, Mumbai is the industrial hub of everything from textiles to petrochemicals, and responsible for half of India's foreign trade. Today it's a teeming metropolis, commercial hub of an old civilization seeking to find its place in the New World Order.

Nearly thirteen million people live here - wealthy industrialists, flashy film stars, internationally acclaimed artists, workers, teachers and clerks - all existing cheek by jowl in soaring skyscrapers and sprawling slums. They come from diverse ethnic backgrounds and speak over a dozen tongues adding color, flavor and texture to the Great Mumbai Melting Pot.

Area: 440 sq km (170 sq mi)
Population: 18 million
State: Maharashtra
Language: Hindi, Marathi
Time Zone: GMT/UTC plus 5.5 hours
Telephone Area Code: 022

Weather in Mumbai
The climate in Mumbai throughout the year is temperate being hot and humid in summer to being pleasant in winter. Its never too hot nor too cold. It rains quite heavily during the monsoon months of June, July and August. The climate is cooler at IIT than its surroundings - the reason is that it is located between two lakes and also surrounded by greenery

Winter in Mumbai
During December and January the climate in Mumbai is pleasant. The air temperature will be around 25 degree C (75% relative humidity) in the daytime and around 15 degree C at night.

Summer in Mumbai
During May and June the climate is becomes hot and humid in the afternoons. The air temperature will be around 35 degree C (90% relative humidity) in the daytime and around 25 degree C at night.

Monsoon in Mumbai
The monsoon rains hit Mumbai in the month of June. The rains are quite heavy and last till the end of August. The climate becomes pleasant. The air temperature will be around 30 degree C (80% relative humidity) in the daytime and around 20 degree C at night.

Transportation to Mumbai

Air
Mumbai is well connected through air with the rest of India as well as the world. All the major airlines from Europe, Far East and the Middle East fly to Mumbai. Mumbai's International airport Sahar is situated at a distance of 30 kms from the city center. Even Indian Airlines that caters to the domestic travelers connects Mumbai with the other major cities like Delhi, Bangalore and Chennai through the Santa Cruz (Domestic) airport that is just 4 kms away from the city center.

Rail
The Indian Railways has connected the city of Mumbai well with the rest of the country. The Victoria Terminal alias the Chattrapati Shivaji Terminal is the main railway station in Mumbai besides other stations at Dadar, Churchgate, and Kurla. It is noteworthy that the Rajdhani Express that connects Mumbai with Delhi completes the over night journey in 17 hours. Other cities like Ahmedabad, Amritsar, Aurangabad, Bangalore, Madras, Cochin, Delhi, Gwalior, Jhansi, Calcutta, Trivandrum, Varanasi are connected with Mumbai through express and super fast trains. Mumbai is the headquarters for the Central and the western zones of railways.

Bus
The city of Mumbai has an amazing network of bus services that link the various cities of Maharashtra.

Local Transport
Inside Mumbai you may avail any of the various means of local transport like the taxis, local trains or buses.