Indian companies have also been able to tap the global capital and talent markets

Transnational giants also find it tough to operate in an economy with a poor physical infrastructure and to cope with the Indian regulatory apparatus. India’s software companies recognized the possibility of providing services to overseas customers at least a decade before Western companies acknowledged the feasibility of hiring Indian soft ware professionals. Consequently, the Indian firms gained experience early, which has kept them ahead of their foreign rivals. Recently, some Indian companies have also been able to tap the global capital and talent markets, nullifying more of their overseas rivals’ inherent advantages.

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Source:- IIPM Editorial

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