The Indian IT and ITeS (IT-enabled services) industries are big. Clocking in over $150 billion in annual revenue, they are estimated to contribute nearly 8% to India’s GDP. They are also employment magnets, collectively employing nearly 4 million people.

They are also not in the pink of health. These industries are grappling with slowing revenue growth, layoffs, rising protectionism in markets like the US, and the ignominy of being bested at their own outsourcing game by competitors like Accenture.

AUTHOR

Sidu Chonira

Sidu's worked in the Indian IT industry, both services and product, for 12 years. He has held two jobs and co-founded four startups in that period. He has worked as an engineer, product manager, salesperson, recruiter, marketer, CTO and CEO. He has failed more times than he can count. His most recent startup was acquired by GO-JEK, an Indonesian unicorn, in 2015. At GO-JEK, he serves on the Board of Directors, heads Technology Recruiting and also heads Data Engineering.

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