India has one of the largest pools of scientists, engineers, technicians and managers in the world and has the second largest English-speaking population with computer knowledge in the world after United States There are over 220,000 graduates in the sciences, engineering and medicine field each year. "India, an Info technology Destination" is a major economy booster Today, Multinational Companies (MNCs) are rushing into India to stake a claim to the IT outsourcing market. While a large number of companies are outsourcing their software development to Indian companies, others are establishing a presence in India and participating actively in the software export game. The MNC sector emerged as an important segment contributing Rs 9,855 crores (USD 2.190 billion) of the total exports of Rs 35,600 crores (USD 7.884 billion) in the year 2001-02, translating into 27% share of the total exports.

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