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 Mitra is Founder of One Million by One Million (1Mby1M), a global virtual accelerator that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond. She is a Silicon Valley entrepreneur and strategy consultant, she writes the blog Sramana Mitra On Strategy and is an author of the Entrepreneur Journeys book series and Vision India 2020. As an entrepreneur CEO, she ran three companies: DAIS, Intarka, and Uuma. Sramana has a master’s degree in electrical engineering and computer science from the Massachusetts Institute of Technology. In 2015, Sramana was named one of LinkedIn’s Top 10 Influencers.