Offshoring's Domestic Front

"We are the outsourcing hub to the entire world, but none of the Indian IT companies that are feted abroad have ever shown their interest in my business," a CIO of one of the largest insurance providers in India lamented. This has been a common refrain from most CIOs in the domestic market until recently.

While the Indian IT industry has grown into a $100 billion business on the back of outsourcing across infrastructure, software, and services from foreign locations. The domestic market, with an

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