Invest In India

Should you be investing in Indian IT companies when the rupee seems to be appreciating everyday? Is the boom over? Which companies should you be looking at?

Indian IT firms are still growing at breakneck speed. They earned nearly $50 billion this year, and grew over 40%. Their revenue growth was 10 times that of giants such as IBM. This has been possible because they still have a minuscule share of the world market and there is tremendous head room for those who want to grow taller.

The Fab Four have now grown increased to Super Six; Satyam, Wipro, Infosys, TCS, Cognizant and HCL, called the SWITCH companies, have just upped their share of the US market to almost 2%, and are way ahead of their competition on growth. IT employment, excluding the hardware segment, has crossed 1.6 million in India alone. Software and hardware growth are now on separate tracks, and are exploding independently.

You may harbor reservations because some of these businesses are US-centric and their strength is pegged on the Dollar-Rupee exchange rate. With the US slowing down and the dollar weakening, their margins have been shaved, strange thoughts like working more for the same or even less pay have been thought, and the end of the world has been visualized. This may still happen, but only to small players without money.

The brighter ones are on to better things. IT usage is finding increasing applications in diverse fields and newer markets. Indian IT companies are showing the world what great innovation is, and the smarter ones are reaching clients in Europe and South America. The Rupee rise doesn’t scare them; it gets them to innovate.

Tech Mahindra, Patni, Mphasis and L&T are some of the firms that the NASSCOM ranks highly. You will also be hearing the names of firms like Corbus, Nagarro, Vcustomer, e4e, Synygy, ValueLabs and GobalLogic more often now. You may find Manthan, Anantara and Monarch staring you in the face where least expected.

What would you plump for… size, stability or growth potential? Or are there firms with all three?

More Info:
Many people borrow loans and more to invest. They borrow personal loans as well as payday loans and use up their student loans. As a result they collect debts resulting in a huge debt.