India,
the land of IT opportunity: Fortune
New Delhi: Despite the small revenue they earn
compared to their global competitors like Accenture and
IBM, Indian IT services companies led by Tata Consultancy
Services, Infosys and Wipro have caught the attention
of top infotech companies, according to the latest issue
of US magazine Fortune.
"TCS,
Infosys and Wipro each now boast revenues of about 1 billion
dollar and that's still tiny in comparison with competitors
like IBM's global services division ($40 billion) and
Accenture ($12 billion), but it is clear that the Indian
pipsqueaks have caught the attention of big guys,"
it added. Accenture now has 4,000 employees in Bangalore
and Mumbai, up from just a couple of hundreds a year ago.
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