The Indian technology industry has 10,000+ Small and Medium Enterprises (SMEs) dedicated to providing either traditional or digital solutions to the technology buyers. This subsegment contributes to 7-9% of the overall technology industry revenue (FY 23) in India and employs some 7.5 lakh people.
Some 80% of these SMEs were estimated to offer traditional IT and subcontracting services primarily with digital services as a growing pie. However, the twin challenges of evolving global immigration policies, particularly the H-1B visa changes, and Artificial Intelligence (AI) have created significant headwinds for the SME industry
For decades, the industry thrived on a staff augmentation model, leveraging wage arbitrage to provide talent for routine IT tasks. However, this traditional playbook

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