Ever since the IT boom in the 1990s, India has seen massive growth in the Information Technology sector, which also gave rise to some of India's top s

'Our entire team changed.' Indian techie narrates how they are being replaced with Vietnam developers

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2024-07-30 07:30:04

Ever since the IT boom in the 1990s, India has seen massive growth in the Information Technology sector, which also gave rise to some of India's top skilled employment providers. Riding on the wave of outsourcing by top US tech companies, the Indian tech industry - led by Infosys, Wipro and Tata Consultancy Services among others - grew by leaps and bounds in the past few decades.

Indian tech companies were able to provide highly skilled, English-speaking engineers to US companies at a fraction of the cost they would incur hiring someone locally, making it a win-win for both sides. Tech graduates from the country's premier institutes including Indian Institute of Technology (IITs), Birla Institute of Technology and Sciences,Pilani, Manipal Institute of Technology became brand ambassadors of the country's tech think-tank as they aced top jobs in tech corporations globally.

Now the tables are turning, and other countries in Southeast Asia are offering the same services at even cheaper prices, undercutting India.