I encourage Indian entrepreneurs experienced in the IT outsourcing industry, and alarmed by my Death of Indian Outsourcing piece to read Sudhakar Ram’s Wave 3 of Indian Outsourcing. Other related pieces on the topic are: India’s Labor Arbitrage Strategy, Indian IT: The Next 8 Years, and Silicon Valley’s Unknown Indian.

Also, here are my related Forbes columns on the topic.

And finally, here is my Open Letter to IIT Students written in response to a student’s email from IIT Kharagpur, in which I request students to start looking outside IT for entrepreneurial opportunities. As examples, I would like to cite the story of ERI, a water desalination company that is about to go public soon, and SunPower, a solar energy company that has had a successful run in the public market. I want to also highlight a different style of entrepreneurship that comes from Harish Hande, CEO of SELCO, bringing solar electricity to the poor.

As always, comments and discussions are very welcome.

Sramana

Sramana Mitra is Founder and CEO of One Million by One Million (1Mby1M), a global virtual accelerator that aims to help one million entrepreneurs to reach $1 million in revenue and beyond. She writes and speaks frequently about the intersection of entrepreneurship and technology and was named one of LinkedIn’s Top 10 Influencers in 2015. As an entrepreneur CEO, Sramana ran three companies and she has a master’s degree in electrical engineering and computer science from MIT.