Spawning Dynamic Global Markets

NASSCOM forecasts revenue of US $87 billion and employment of two million people by the year 2008 in the Indian IT industry.
India's service sector accounts for 50% of the country's GDP and has been the main engine of economic growth in recent years. Led by IT and ITES (IT Enabled Services), India has become the favoured location for business outsourcing, having witnessed large scale offshoring for more than a decade, particularly from US, UK and Australian companies.
The IT and ITES sectors are currently growing at a rate of over 30% per year, and show no signs of slowing down, India continues to top the AT Kearney Offshore location Attractiveness Index by a significant margin, due to its mix of low costs, significant depth in human resources and critical mass of existing outsourcing activities.

Creating a self contained commercial domain a platter full of pledge & promises

India is experiencing a thriving economy that is growing at a significant rate of 8% for the last 3 years, India is expected to become the world's third largest economy (measured in purchasing power parity) by 2010. It has become a wonderful target of foreign investors who envisage huge possibilities in the terms of little costs, noteworthy profundity in individual-capital and accessible outsourcing activities. This all has been the outcome of various factors like the progressive liberalization of government policies, a rapidly expanding service sector, FDI growth, developed nations preferring India for real estate investments, a surge in exports, rising global competitiveness and increasing domestic demand have all contributed to a strong economy. This impressive growth rate has created tremendous influx on multi-national corporates and service industry, creating demand for international standard business and commercial hubs.

Convergence
global minds generating solutions

At Wegman's we combine global experience with local expertise to maximize techno-economic value for our clients.