Indian IT Exports to France

This site provides detailed information on Indian IT Exports to France. The site also focuses on the current development of export of Indian Information Technology services to France.

The Indian IT Exports to France is facilitated by Indo French Chamber of Commerce and Industry (IFCCI) - a common forum of India and France business and trading communities. The Federation of Indian Chambers of Commerce and Industry (FICCI) through National Association for Software and Service Companies (NASSCOM) and UBIFRANCE - the agency for international business development, under the Ministry of Economy, Finance and Industry, France are the two representatives at the forum.

IFCCI's objective is to facilitate Indian IT Exports to France along with other trade and business. Indo French Chamber of Commerce and Industry aims at facilitating Indian IT Exports to France along with promoting better India and European Union trading relations. Further, their common goal is to double the trade between India and France within next five years.

US and UK have been tapped to a small extent of just around 4% of their individual market sizes. Non-English speaking countries in Europe are still largely unexplored by Indian IT companies. This market alone offers the Indian IT Industry over $5-6 billion in export potential. France has the potential to emerge as a high-growth market for Indian IT companies in the next 2-3 years. The main advantages that France sees in Indian IT products and services are -

• Quality software products at much lower rate
• Quality services at affordable price

The Indian IT Exports to France caters two types of basic IT services:

• Software development
• Application outsourcing

With growing numbers of the IT off-shoring jobs coming to India, its subsequent consolidation of off-shoring models will become more popular. The fast growing Indian IT industry is expected to exploit new IT services in France, such as -

• Software development, support and installation
• Consulting
• Networking and network infrastructure management
• Systems integration
• Training and Education
• Hardware support and Installation services
• Network consulting and network integration

Indian IT industry revenue growth is pegged at 24-27% in the current financial year. India MNC giants like Tata Consultancy Services, Wipro, and Infosys still lead the race and has been ranked as the top three IT services exporters from India. The Indian IT services sector continues to be the largest employer in India and will continue to be so in the near future. The Indian IT industry's contribution to the Indian GDP was 5.2%. The Indian IT industry has recorded revenue to the quantum of $US 39.6 billion in financial 2006-2007. Challenges in terms of awareness, culture, regulatory environment, and language barriers are some of the bottlenecks that Indian companies need to negotiate.