industry scenario it and ites march 31 2005 tie delhi ranjan biswas agenda the indian today evolution of future trends valuation benchmarks export bpo m&a landscape players can be classified based on ownership profile where are we outsourcing a success ability to scale well demonstrated suite service offerings evolving complexity medium high contract size life small businesses monetised captives will keep coming more consolidation in third party very valuations for first few pure play companies making an initial public offer maturity stability business reduce mean estimates all over next years would as follows revenue multiple 1 40 50 times projected 12 months revenues ebidta 7 8 pe 10 market also differentiate amongst various tier i ii iii variety factors normally exceeds or median any
