India's four major software companies have all settled in China. TCS, India's largest software company, signed a Cooperation with chinamoocs technology and was led by Microsoft to establish the largest and most internationalized Software Service joint venture with China. Among the top four companies, Infosys has invested $20 million to establish its China headquarters and the most important overseas software development center in the Pudong Software Park in Zhangjiang, Shanghai. vibro has signed a contract to settle in Zhongguancun Software Park, Beijing; sadiyang is also preparing to settle in Beijing.
India's software giant Infosys Technology recently said it plans to recruit six thousand people in ChinaProgramPersonnel to meet the company's growing demand for technology services in the market. Sadi Yang is preparing to set up a four thousand-person R & D center in China.
According to industry insiders, the Indian software industry has a strong demand for Chinese software talents. First, the $30 billion software outsourcing market in China has attracted Indian enterprises to seek gold, india's IT enterprises want to replicate their local success global IT outsourcing model to China. Second, the cost of Chinese software talents is lower than that of India.
India's software industry has developed rapidly over the past decade. The wage cost of employees increases by 20% to every year. In addition to opening up the market in China, an important factor is China's human resource cost advantages. Currently, the average salary of Chinese software talents is only 40% of the same type of employees in India.
Yi Guan consulting believes that India's software companies will continue to increase their demand for talent in China, and may usher in a peak demand for IT talent from the end of this year to next year's Spring Festival. As China and India compete for talent, the domestic software talent market will inevitably see a higher salary.