What does the future of India’s IT & ITES industry look like?

It shouldn’t be a surprise that India is now the world’s largest sourcing destination for the information technology industry. But what’s more interesting to note is that it accounts for approximately 67 percent of the world’s US$124 billion market – a considerably huge proportion.

India’s cost competitiveness in providing IT and Information Technology Enabled Services (it is three to four times cheaper than the US), coupled with its growing talent pool, has led the economic transformation of the country and put them on the global technology map. In fact, India’s IT sector contributed 9.5 percent of the country’s GDP in FY15, up from a meagre 1.2 per cent 17 years ago – and this percentage is expected to continue rising.

If India’s global IT and ITES industries are booming today, what could the future hold? With a growing number of international companies offshoring their IT and back-office functions to India, cross-border payments may be a prevalent issue that could potentially be overlooked.

The payment vertical in India is a niche low-margin, high-volume business that presents a growing opportunity as payments are fundamental to the way business operate, both offline and offline. In this event hosted by Payoneer and supported by Tech in Asia, Shailesh Kekre, Partner at McKinsey will give you a closer look into what’s next in store for the IT and ITES industry. Together with the expertise of cross-border payments platform Payoneer, you should have most of your questions and concerns covered.

So join us to get these insights firsthand on October 21 – as with other events, there’ll be free refreshments, plenty of networking opportunities, and several great takeaways in store for you.

Sign up today, as seats are limited! This event is free to attend, but please note that it is invite-only. Successful applicants will be contacted via email by October 14.

Event details

Date: 21 October 2016 (Friday)
Time: 6.30 pm to 9.30pm IST
Venue: JW Marriott Hotel Bengaluru

Agenda

6.30pm – 7.00pm: Registration
7.00pm – 7.15pm: Opening keynote by Payoneer
7.15pm – 7.45pm: Fireside chat: Next stage of India’s global IT and ITES industries
Speaker: Shailesh Kekre, Partner, McKinsey Inc.
7.45pm – 9.30pm: Refreshments and networking