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Specialist Skills in India A Deep Dive into IT Finance and Accounting Talentcreate blog banner image use real images no text use single image no colla-1

India has one of the world’s largest educated workforces, with millions of professionals trained in technology, finance, and accounting. Its talent pool includes a significant number of engineers, chartered accountants, and globally certified specialists, giving businesses access to both scale and depth of expertise.

According to ACCA’s Global Talent Trends 2025 report , India is expected to remain a leading hub for knowledge-intensive outsourcing, particularly in IT and finance. For SMEs and first-time outsourcers exploring specialist skills in India, that means access to talent that is not only abundant, but also increasingly specialised in high-value, globally aligned roles.

Let’s take a closer look at where India’s strengths lie, across IT and software engineering, and finance and accounting, and what this means for businesses exploring offshore hiring.

Why India stands out

Factor What it means for first-time outsourcers or SMEs
Scale India’s IT-BPM (Information Technology – Business Process Management) sector directly employs around 5.4 million people as of FY23 . This massive talent pool gives companies flexibility to scale quickly without being constrained by local labour shortages or capacity bottlenecks.
New talent entering the workforce India graduates a large number of professionals each year in tech, finance, and accounting fields – including engineers, chartered accountants, and finance specialists. This means outsourcing partners can tap into newer entrants as well as experienced talent.
Diverse specialisation A wide range of specialist skills in India enables businesses to fill niche roles more quickly. Professionals are increasingly moving towards tech-enabled, knowledge-intensive roles, such as finance professionals working in analytics or compliance, or IT experts in AI, cloud, and cybersecurity. ACCA’s Global Talent Trends emphasises that recruitment in India is shifting towards skills-based hiring and capabilities in domain knowledge, process, and problem-solving, rather than just headcount.
Cost-effective quality India strikes a unique balance: companies can hire highly skilled professionals, including accountants trained under international standards such as ACCA or CAs , at a far lower cost than they would domestically. This helps first-time outsourcers and SMEs get access to high-quality talent without the premium price tag that comes with hiring locally.

That said, India combines strong technical and finance talent with cost advantages, giving SMEs and HR leaders a clear path to scale their teams without heavy overheads. It allows businesses to add specialist skills in India where they’re needed most while keeping growth sustainable.

India’s IT and engineering talent

India’s dominance in IT is hard to ignore. With a global community of more than 26.4 million software developers , India has the largest tech talent pool in the world. This pipeline ensures a steady supply of professionals trained in cutting-edge technologies that modern businesses rely on:

Software development and full-stack engineering

Developers in India are proficient in global frameworks and coding standards, making them a strong fit for scaling startups and enterprise-level builds.

Artificial intelligence and machine learning

India is quickly emerging as one of the top contributors to global AI talent, with growing demand for AI engineers, data scientists, and automation experts.

Cloud computing and DevOps

Specialists in AWS, Azure, and Google Cloud are helping businesses migrate, optimise, and manage cloud infrastructure for 24/7 availability.

Cybersecurity and data protection

India is expected to build a cybersecurity workforce of approximately one million professionals by 2025 , making it a key player in safeguarding digital operations.

How Indian IT talent powers innovation

Historically, outsourcing to India was often associated with low-cost coding or back-end support. But that model has rapidly evolved. According to NASSCOM’s reports on Global Capability Centres (GCCs) many organisations are now using their Indian operations to lead product development, R&D, and digital transformation initiatives, not just maintenance or support tasks.

Today, businesses aren’t just outsourcing routine coding to India – they’re moving high-value roles like cloud infrastructure, DevOps, and cybersecurity offshore . This shift allows onshore teams to focus on product innovation and client strategy, while specialist talent in India manages the technical backbone.

Instead of just maintaining systems, Indian IT specialists are now:

Leading product development projects for startups and global enterprises

Driving digital transformation in industries like retail, FinTech, and logistics

Contributing to global R&D in AI, IoT, and next-gen applications

India’s finance and accounting specialists

Beyond technology, India also stands out as a powerhouse for finance and accounting talent. The country boasts one of the largest pools of Chartered Accountants (CAs), ACCAs, and CIMA-certified professionals worldwide. India’s Institute of Chartered Accountants (ICAI) has a vast network of over 1.4 million members and students across India and abroad. For businesses considering outsourcing, the sheer scale of this student base matters: it signals a continuous pipeline of new finance professionals being trained to global standards.

In practice, it gives businesses confidence that India’s finance talent pool won’t run dry. New graduates enter the market each year, many with their sights set on global credentials like ACCA and CIMA, and experience across multinational environments.

From transactional work to strategic insights

Traditionally, finance outsourcing to India was focused on transactional tasks like payroll processing or bookkeeping. But that has shifted dramatically. Finance careers in India are moving toward tech-enabled, data-driven roles – combining accounting expertise with analytics, automation, and digital tools. This means Indian finance professionals can support not just compliance, but also strategic decision-making.

Where India’s finance talent excels

Management accounting and financial planning – Helping businesses forecast, budget, and make better financial decisions.

Auditing and compliance – Ensuring governance and risk management in line with international standards.

Taxation and regulatory reporting – Managing complex cross-border tax environments within global frameworks such as IFRS.

Data analytics for business insights – Using tools like Power BI, Tableau, and ERP systems to turn raw financial data into actionable insights.

The cost advantage

One of the biggest reasons companies look to India is the cost advantage. On average, hiring IT, finance, or accounting professionals offshore can reduce labour costs by up to 70% compared to Australia, the UK, or the US.

To put that into perspective:

A software engineer in India might earn between $10,000 and $15,000 per year, while the same role can cost upwards of $70,000–$90,000 in international markets.

A chartered accountant in India averages around $8,000–$12,000 annually, compared with $70,000+ in Australia.

These figures show why SMEs and first-time outsourcers can stretch their budgets further without compromising on talent.

And it’s not just about routine tasks anymore. Many Indian professionals now work on cybersecurity, tax and compliance, and cloud projects that are central to business strategy. While the cost savings are significant, the greater advantage is access to people with the skills to undertake complex, high-value work. For a closer look at role-by-role comparisons, you can explore the figures in our salary guide .

Why it matters for first-time outsourcers

For SMEs and first-time outsourcers, the decision to build an offshore team often comes with a lot of questions: Will the quality hold up? Can we scale if things go well? How do we avoid a mismatch? India helps answer these concerns by offering a unique mix of scale, skills, and cost benefits.

Scalability

With one of the world’s largest professional workforces, India gives businesses the flexibility to start small and grow fast. Whether you need one finance analyst today or a 20-person IT support team next quarter, the talent pool is deep enough to meet that demand.

Specialisation

This isn’t just about generalists. India has a rich base of professionals with niche expertise – from AI and machine learning engineers to audit, compliance, and tax specialists. For SMEs, that means you can plug specific skill gaps quickly without spending months on local hiring.

Global alignment

Many Indian professionals train under ACCA, CIMA, or globally recognised IT certifications. This ensures they’re familiar with international reporting standards, technical frameworks, and compliance requirements, making it easier for businesses to integrate offshore teams into their existing processes.

Cost advantage

Labour costs in India are typically 70% lower than in Australia, the UK, or the US. But the bigger story is what that saving allows: freeing up budgets to invest in product development, customer experience, or scaling sales while your offshore team handles the operational load.

India’s edge in the global outsourcing market

For many businesses, the first step into offshore hiring starts with cost savings. But the real benefit of outsourcing to India lies in its ability to deliver specialist skills in India at scale — and it goes further than that: a steady supply of IT, finance, and accounting specialists who are trained to global standards and ready to step into high-value roles. That combination of depth and quality gives SMEs the confidence to scale faster without stretching local teams too thin.

Companies that build in India don’t just lower expenses – they gain the flexibility to grow, experiment, and compete in ways that would be harder with onshore hiring alone. It’s a practical way to free up resources for strategy and clients while trusted offshore teams keep the engine running, and it’s the reason India continues to be the top choice for outsourcing worldwide .

References:

[1] India’s talent trends 2025 (accaglobal.com)
[2] List of Industries in India (ibef.org)
[3] Accounting Qualifications in India (accountingqualification.com)
[4] Scope of Software Engineering in India (naukri.com)
[5] Cybersecurity to create 1 million jobs (timesofindia.indiatimes.com)
[6] Global Capability Centers: Transforming Business Operations and Driving Success (community.nasscom.in)
[7] Top 10 Tech Roles U.S. Startups Are Outsourcing to India in 2025 (linkedin.com)
[8] A Deep Dive into the Future of Finance and Accounts Careers in India (beeinjob.ixambee.com)
[9] Entrepreneur’s guide to outsourcing to India: Software development & IT services (maximaconsulting.com)
[10] Hire Top Indian Tech Experts: Unlocking the Power of Specialized IT Professionals (linkedin.com)
[11] ICAI Issues Clarion Call to Over 14 Lakh Members and Students (icai.org)

 

About The Author

Simon Jones 
Simon Jones 
Simon has over 20 years of experience in technology, cloud architecture, and business transformation, with a strong focus on building scalable solutions and high-performing teams.

As the Co-Founder of Teamified, Simon helps businesses expand their onshore operations quickly and cost-effectively by leveraging global talent. His expertise in fintech, SaaS, and IT infrastructure enables him to design outsourcing strategies that drive operational efficiency and business growth.

Before Teamified, Simon co-founded Assembly Payments and held leadership roles across multiple technology-driven organisations. His deep knowledge of cloud computing, automation, and system architecture has positioned him as a trusted advisor to businesses seeking to optimise their workforce and technology stack.