Indian Software Industry if flourishing because every dollar sells for Rs. 46 (approx.) here. Infosys, one of the most popular name in the IT world, has seen exceptional growth in last 25 years. The company totally changed the way we thought about salaries. It helped many middle class, talented people afford luxury apartments, travel abroad, take domestic flights, wear Prada and what not.
It was all made possible because our Rupee is weak. To the best of my knowledge, Infosys mostly had foreign clients since the beginning (there might be exceptions, so correct me!) and it made all the difference. Had Infosys began with Indian clients, do you think it’d still have made it so big?
Given the ‘professionalism’ & ‘mentality’ of Indian clients, I think it would have been a ‘dream’ for any Indian company operating in software domain to achieve even a fraction of it. What’s your opinion?