
The story of Infosys, one of India’s largest companies today, parallels India’s transformation following the 1991 economic liberalization, making the company a symbol of the country’s evolution from a closed economy to a global economic player. Founded in 1981, Infosys struggled in its early years under restrictive trade policies and bureaucratic red tape. However, when India opened up its economy in 1991, Infosys quickly leveraged new opportunities to expand its operations, tapping into global markets and establishing India as a hub for IT services.
Infosys was among the first Indian companies to capitalize on the outsourcing boom, offering cost-effective software solutions to international clients. By the late 1990s and early 2000s, the company had grown into a global IT giant, helping build India’s reputation as a leader in the knowledge economy. This transformation mirrored India’s shift toward a service-oriented economy, with IT and software exports becoming major contributors to GDP and employment.
Infosys’s growth also demonstrates the power of entrepreneurship and innovation in a liberalized economy. The company’s success inspired a wave of startups and reinforced the importance of skilled talent, marking a new chapter in India’s economic history. The company’s journey illustrates the transformative potential of liberalization, showcasing India’s progress toward global competitiveness and economic modernization.