Small IT comapnies @ India

New IT companies are opening everyday to fulfill the global need and demand of IT Services and Solutions. A number of graduates and masters from various universities across the country are opting for entrepreneurship rather than a job every year. This is no doubt, increasing the foreign revenue generated by the country from IT sector. Bangalore, Hyderabad, Pune and Gurgaon are the top preferences for these entrepreneurs to start their business.

Though these companies are attracting global IT market towards India, but in the recent time they are also diminishing India's image as a global IT solution provider. Due to significantly low quotes and time bounded promises from such companies, the buyers sitting abroad hand over projects to the newbies rather than the experienced solutions providers offering higher rate for the same work. Now, we here recruit people at very low scale to decrease our overhead and deliver the solution in the price promised. But, this price cut in the research and development of the projects leads to the failure of projects or late deliveries. Most of the time, these buyers and very strict with time and any delay or non-ability in completion of the projects leads to business loss for them, sometimes extremely severe losses.

This leads to the dissatisfaction of the buyers with the Indian IT solution provider, blurring image of Indian IT services globally.