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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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domain-B : Indian business : News Review : 08 December 2003 : general