Transformation of the Indian IT Industry through the Decades

This remarkable transformation has mainly come about due to the dedicated effort of Millions of young professionals and the pioneers of the Indian IT Industry such as NR Narayana Murthy and Nandan Nilekani of Infosys, Azim Premji of Wipro, and the stalwarts in TCS or Tata Consultancy Services and other leading IT firms.

Indeed, these and other pioneers of IT Industry were instrumental in spearheading the software revolution at a time when the global headwinds were favorable as far as the willingness of Western firms to outsource their IT and Software requirements were concerned as well as due to the readily available pool of talented and skilled as well as qualified base of Engineers.

While the former was related to the globalization of the world economy and the concomitant willingness of the power elite in the West to look Eastward, the latter was mainly due to the deep base of educated Indians who, thanks to the efforts of leaders such as Nehru who setup the IITs (Indian Institutes of Technology) and the RECs (Regional Engineering Colleges) were able to be trained in world class educational institutes.

Further, the Indian IT Industry also benefited from the convergence of globalization and the opening up of the Indian Economy so much so that it can be said that the pioneers of the Indian IT Industry were “in the right place at the right time” to take advantage of the global winds of change.

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