In the midst of global growth concerns, India’s economy has been a bright spot. Annual GDP growth sped up to 7.6% in the last year, and that number is expected to hold throughout 2016 and into 2017.
Information technology and business services have grown into a major component of the Indian economy. The industry topped $140 billion in revenue last year, nearly 10% of India’s total economic output, and is expected to outpace the general economy’s growth at a rate exceeding 8% each year over the next decade.