The growth introduces its challenges toward India’s current IT services. India should be engaged in another challenge to fine-tuning its current business models designed to deliver world class services while keeping everyone in the country focused on the same objectives, despite phenomenal growth. India at this stage can’t let up this industry unmanaged and hope to achieve its aspiration of becoming the number one of the top providers of consulting, IT, and business-process-outsourcing services in the world. The development of an innovative business model plays a vital role in the India’s economy success. Among other benefits, this will help sustain Indian’s entrepreneurial spirit, distributed leadership roles throughout the country.
However, the knowledge industry operates nowadays in a dynamic environment and it requires a more refined and sophisticated business model to suit current time and current industry challenges. The federal government has to realize that in order to emerge as a global economic superpower; the country must invest in its social fabric in particular. These investments are the most necessary as India is expected to become the world’s most populous.
