The Indian software and services industry’s strong value propositions such as low development costs, large development skill pool, mature quality control systems, proven offshore model and growing domain skill -continue to hold India in good stead in the product development space, as per NASSCOM McKinsey analysis. A NASSCOM-McKinsey study estimates the product and technology services market in India to grow to US$ 8 billion-11 billion by 2008.

India has the single largest pool of engineering talent among the emerging countries capable of taking on this kind of work. nGIN is working towards ensuring building of what one might call the habits of success:

• Extensive experience in forging strong client partnerships,
• In building strong, technically focused organizations,
• In competing in the fast-changing global market,
• And most importantly, in creating the business model necessary to deliver value to clients thousands of miles away.

Developing Markets like the Indian market will continue to grow and investments will be made across the market from enterprise applications to infrastructure management with security and business intelligence as the fastest growing categories.

Telco expenditure on software and external IT services will continue to grow globally over the period 2005-2009, from $30.6 billion to $38.4 billion, a CAGR of 5.8%.

nGIN is focusing on breaking away from legacy low-value, long-term service engagements through high-value, one-time service engagements and evolving on to high-value, long-term service engagements.