India continues to retain its position as the world’s leader in the global outsourcing market of Information Technology and Information Technology Enabled Services (IT-ITeS). It accounts for almost 58 per cent of global sourcing in 2011 as compared to 55 per cent previous year.

Giving this information in a written reply in the Rajya Sabha, Minister of State for Communications Sachin Pilot said a number of countries like Philippines, China, Malaysia were steadily gaining momentum as destinations for IT-ITeS investments.

Quoting statistics provided by the National Association of Software and Services Companies (NASSCOM), he said India’s unique value proposition of a mature customer-focused industry, domain experience, large pool of talent and proven track record had ensured that it remains at the centre stage of most global sourcing decisions.

He said 235 IT-IteS-specific Special Economic Zones had been notified across the country, which are contributing to IT-ITeS exports. The Minister said the Indian companies earned about $68.7 billion during 2011-12.