4 Newsline Sptmbr 2010 Impact of IT-BPO Industry on the Indian Economy and Society A rct stdy by nASSCOM shos that th yog ad bt ida iT -BPO dstry has cotrbtd sgcaty to ida’s groth story by vtg, rvtg ad trasormg ts th a short spa o tm. i ths artc, ns ooks at som o th dmsos o th mpact. Th thr-dcad-od iT -BPO dstry has had grat mpact o th ida coomy ad socty, mor tha ay othr sctor, ad th a mch shortr tm ram. not oy has th dstry hpd ida to mrg as a goba orc, t has aso gv a major p to th cotry’s groth, hpg t to arro do th svra ‘dvds’ that sparat ts socty. i ordr to drstad th xtt o th mpact that th iT-BPO sctor has had o ida’s groth story, nASSCOM has orkd o a spca stdy that xpors th trasormatoa atr o ts ro. Broady spakg, th stdy shos that ida’s iT-BPO dstry has mad a astg, sstaab, phoma ad mt-od cotrbto to th cotry’s coomy ovr th ast dcad. it has ot oy drv baacd rgoa dvopmt, th sctor has mpord th cotry’s dvrs hma rsorcs, cratd a ovato patorm ad most mportaty, pt ida o th goba map. Gog orard, ida xpcts th iT- BPO sctor to pay a v bggr ro cr atg baacd, socay rsposb ad csv groth or th cotry. Gaining global mindshare and market share, gaining maturity Accordg to th nASSCOM rport, th ida iT-BPO dstry has drgo a rapd voto, as t has kpt abrast o hat th goba markts rqr trms o prodcts ad srvcs. Havg art th rops qcky th tchoogy sctor, hch as tradtoay vr vr a stroghod or ida, th cotry has o postod ts as a iT hb, a sorcg dstato or iT-BPO prodcts ad srvcs that sp trst, hgh qaty, ad cost-ctvss. Th iT-BPO dstry has shapd ts to a procss-ortd, Bst Practcs-ocsd ad sk-rch tty that has od avor th goba cstomrs. From a tm h t as takg car o sophstcatd back-d ork or cstomrs cdg data try, sotar dvopmt ad spport, appcato dvopmt ad matac ad trasacto procssg o o-cor actvts, th sctor has gravtatd toards iT stratgy ad costg, i Focs Accordg to th nASSCOM rport, th ida iT-BPO dstry has drgo a rapd voto, as t has kpt abrast o hat th goba markts rqr trms o prodcts ad srvcs.