While a lot has been written on the IT and ITES sector in India not much has been written on the consulting space in India. Most major Indian IT firms like Infosys, Wipro, TCS, Cognizant, HCL have their own consulting arms. But if you observe in the last 5 years a lot of activity has happened on the domestic consulting market with Big 4 Firms as well as lot of boutique firms coming into the fray.
What does this mean for Indian corporate houses is a great array of consulting capabilities available in the domestic market. This augurs well for Indian companies wanting to adapt global best practices as well learning from other success stories. From a consultants standpoint in means an opportunity to work in a very different environment where every rupee spend needs to be justified with a strong business case. The market has its own challenges in a longer sales cycle as well as margins being lower which are further compunded with slowdown in the economy as well as presence of a large numbers of consulting firms. But given the impetus of a growing economy and enterprises looking at transformational changes it is but natural that consulting opportunities would be there. With the adoption of more automation of business processes and usage of IT applications in ERP,CRM,SCM and BI there would be significant IT consulting opportunities in India.
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