NASSCOM- McKinsey's report on Indian IT industry

NASSCOM and McKinsey's detailed analysis indicate that the addressable market for global
offshoring exceeds US$300 billion. They believe that India can sustain its global
leadership position, grow its offshore IT and BPO industries at an annual rate
greater than 25 per cent, and generate export revenues of about US$60* billion by
2010. Additionally, export growth can be further accelerated through deep and
enduring innovation by industry participants. Such extensive innovation could
generate an additional US$15-20 billion in export revenue over the next five to ten years.