(a) whether European countries are becoming a major threat to Indian Software companies
in the near future;
(b) if so, the details thereof specially software market developed by Bulgaria; and
(c) the steps taken/being taken by the Government in this regard?
MINISTER OF STATE FOR COMMUNICATIONS AND INFORMATION TECHNOLOGY(JYOTIRADITYA M. SCINDIA)
(a): No, Sir. As per National Association of Software and Services Companies (NASSCOM)
European countries are not seen as a major threat to Indian IT-BPO companies. Europe is viewed
as a growing market opportunity by the industry with share of revenues earned from the region
steadily increasing.
(b) and (c): Do not arise.