Information Technology (IT) industry in India has been playing a vital role in the growth of the Indian economy and economies of other related countries. IT firms undergo many transformations over the years from an outsourced provider, providing Software Application Development and Maintenance (ADM) and Business Process Outsourcing (BPO) to partnering in business and services to co-innovator. Indian IT firms play critical roles due to sustained competitive cost advantage and availability of highly skilled resources. In the current scenario, Innovation plays a critical role in creating sustained competitive advantages. India is gaining its prominence in the innovation space and many international companies are building their Innovation Centers in India.
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Dr. Amalendu Jyotishi, Raichur, S., Hatti, K., and Senthilkumar Thangavelu, “Characteristics of the IT Firms and their implications on Innovation: An Empirical Study of Indian IT Firms”, International Journal of Control Theory and Applications, 2017.