If there is one sector within the whole Indian economy that is booming it is technology. With the IT & ITes sectors pulling in a whopping $167 billion in 2017/18 and the computer software sector attracting major foreign investment worth around $30 billion as of June 2018, it is clear to see why this part of the Indian economy is so vital.
Of course, the major driver behind the sector’s growth is the many innovative tech companies based in India. These cutting-edge organisations have helped push the technology sector in the country forward and they make an attractive proposition for potential investors.
Investment opportunities in Indian tech
Whether you live in Bangalore, Mumbai or are an overseas investor, there is no doubt that the Indian technology sector should be on your radar. The rapid growth of many of the businesses makes investing in them certainly worth considering.
Here are a few of the companies that you may want to look at more closely:
- TCS – with a market capitalisation of $100 million, this leading firm is arguably the biggest success story in Indian tech. Ranked 10th in Forbes list of top 500 Indian companies, it is a global IT company that has around 400,000 employers worldwide and provides innovative IT solutions along with training. As such, it could prove a wise investment for the future.
- Infosys – another Indian technology firm that might be worth investing in is Infosys. The first Indian IT company to be listed on the NASDAQ exchange, it has been a consistent performer over the years. Known for its ground-breaking research into next generation technologies, it has around 200,000 employees in various strategic global locations.
- LTI – this top Indian tech company uses its expertise to help other companies improve their customer experience and technology infrastructure. With 250 global clients, it was also ranked highly for corporate social responsibility in a recent Global Outsourcing report. This is another technology company that has performed consistently well in recent times which is great news for potential investors.
How to invest in Indian tech companies
If you like the sound of how well the Indian technology sector is performing, then you may wonder how to go about investing in one or more of the companies.
The best way to start is to educate yourself on how the stock market works and what you need to look at before deciding to invest in a company. A great idea when you are doing that is to get some hints and tips from industry experts online. Doing so will help you find the best investment opportunities and will also keep you on top of the latest business news. Once you are ready to start trading, the easiest way is to use one of the many online brokers who only charge a small fee for each trade that you make.
Indian technology is red-hot
As the figures show, the technology sector within India is doing very well at present. With this being expected to continue into the future, now may be the time to head online and start investing in Indian businesses. Be sure to educate yourself on the basics of investing first so you don’t make any costly mistakes.
