Indian minister says IT outsourcing raked in $12.5 billion

Indian officials today disclosed details on revenues from IT outsourcing for the last year.

Reports out of New Delhi today say IT outsourcing accounted for some $12.5 billion in revenues during the last year. The nation's IT Minister Dayanidhi Maran said about 3000 companies were engaged in outsourcing business in India.

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Charles Cooper is an executive editor at CNET News. He has covered technology and business for more than 25 years, working at CBSNews.com, the Associated Press, Computer & Software News, Computer Shopper, PC Week, and ZDNet. E-mail Charlie.

 

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