Indian Domestic IT BPO Market Growing

March 21, 2010 (FinancialWire) The hardware and the IT services markets have traditionally grown faster in India. Economic growth and globalization have made Indian companies adopt best practices and improve capabilities with their products and services to compete in a global market place. BPO, on the other hand, in the domestic market is still nascent but propensity towards adoption is higher. Corporate houses in India have been quick in adopting IT as a first step in standing up to a globalized competitive landscape. Not just the private sector but the government sector also opened up to IT adoption. E-governance initiatives, which actually started about 30 years ago in India, have now reached local government organizations. The use of Information and Communication technologies can now be seen across various government departments.