Service Ecosystem
The service ecosystem is what India is historically known for; companies that build and maintain software for others. Everything runs on fixed timelines, defined scope, and billable hours. Success means delivery on time, not necessarily innovation.
Product Ecosystem
The product ecosystem is relatively new but fast-growing. These are companies building their own products like SaaS, AI, fintech, developer tools, and more. Success here depends on innovation, scale, and user adoption.
This difference is massive yet often overlooked by startups hiring from India. Many assume "tech talent is tech talent." They interview engineers from service companies, find them skilled and affordable, and think they've found a great deal.