For anyone that really believes India is not a force to be reckoned with they can go back and crawl under their shell. However, there is one major flaw that is inherent in the Indian society that I have yet seen been touched on by the media and that is the amount of languages present in the country. In America we were capable of massive scales of production due to our ability to communicate and I think you will see China capable of the same thing in the near future because of the unity of language. I guess only time will tell.

Net profits for the firm rose rose to 12.4bn rupees ($280m; £155m) from 9.6bn rupees in 2003, as revenue surged 30% to 47.6bn rupees.

It is the first Indian software company listed on the US Nasdaq stock exchange to top the $1bn mark.

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