Student Activities 
Anurag Verma,is a Bangalore based software architect with more than 10 years of software experience in product-based companies in Bangalore and the USA. In this article he dispels myths surrounding the Indian IT industry..
Myth 1 : Company A has offered more salary than company B, so it must be better
A higher salary does not imply a better company/career move. Companies that outsource routine maintenance work to India may pay well by Indian standards. On the other hand, startups and small companies may not be able to pay as well, but can offer stock options.
In addition to salary, you need to consider other factors such as benefits, quality of work, work hours and environment, and growth opportunities when comparing different jobs.
Myth 2 : Let me join company A. If I do not like it I will find a better job elsewhere
Unless you are clear about your goals and ambition you will change jobs frequently. Try to choose a job wisely and plan to stick for at least a year. It takes time to settle down and establish yourself before you can contribute and gain valuable experience. Also, lots of short stints on your resume raise red flags to future employers. If possible, indicate your interests to your prospective employer early on and see if the company offers matching opportunities.
Myth 3 : IT work in India is routine. No high-end work is being done in India.
The opportunities for challenging and complex projects are increasing in India. Seek out companies or groups that are focusing on such work. You are more likely to find this in small startups, foreign subsidiaries, or experienced teams with a track record of delivering high quality products.
Myth 4 :Product-oriented companies do only exciting work.
Typically, work in most companies involves a mix of routine and challenging tasks, including product-oriented organizations. Delivering a quality product involves multiple testing and bug-fixing phases, which may be mundane and repetitive. As an engineer, you cannot focus on just design and implementation, and may need to do what is critical for the company.
Myth 5: I received an email from a recruiter who said that the job openings they have match my profile.
Many recruiters send bulk emails, without really matching the opening to your resume. Save your time and clarify the opening with the recruiter/hr before consenting to an interview.
Myth 6: Working abroad is better than working in Indian companies.
After the dot com bust, the large number of unemployed US professionals made it hard for foreigners to find jobs, let alone interesting jobs. As a consultant in the US you can land mundane work. If you wish to work in the US, a Masters in Science (MS) from a top-rated university in USA will help, since Companies hire regularly from these universities for addressing complex tasks.
Myth 7: The management track is a better career option than the technical track.
Depends on what your career interests are. If you love to be technical, look for an organization that encourages career growth for core technical work and pays salaries at par with management salaries for the same zone. The demand for senior technical expertise continues to grow as more high-end specialized work gets done in India.
Myth 8: I am working abroad. If I relocate and work in India I will not get the same job satisfaction.
This is no longer true. The nature of work in some companies in India is comparable to the US (One difference is that customers are now overseas, so product management becomes harder, as does interfacing with other organizations such as marketing and sales). In today’s market, career growth opportunities are far better in India than in the US.
Source of the Document : http://www.nsitalumni.org/node/47