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1. India is the leading Software and Services
industry.
2. Silicon Valley of India- Bangalore,
is leading the software industry in India.
3. The Indian I.T Industry is the uncrowned king in the outsourcing of
software services.
4. India became a global player in the IT revolution because of two main
factors- India's cheap and vast manpower with knowledge of English.
5. Right from 1991 to 2000 Indian companies grew at a mind-boggling
rate of 200-500%,attracting lucrative projects from companies all over
the world, especially the US.
6. The major clients of our industry belongs to USA.
7. Outsourcing has been the major reason which has caused the boom in
the Indian software industry
SOME FACTS OF INDIAN SOFTWARE
INDUSTRY
Indian I.T industry has got a huge employment
potential.
According to NASSCOM Indian I.T industry
has employed 4,10,000 which accounts for
7% of India's total G.D.P.
India I.T industry accounts for 30% of total export revenue.
Today India export software and services to nearly 95 countries.
and 185 of the Fortune 500 companies have outsourced software
requirement to India
The fact that the Indian IT industry is the best In the world
because of its high quality services at lower costs and this has
made India a favourite destination for outsourcing and off-shoring
by global majors.
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Though China and Russia are warming up aggressively
to overtake India. But India has some advantages over
them.
India has huge Human resource having English people,
who can read, write and understand English.
Moreover India has a high percentage of youth
population having dynamic, energetic, enthusiastic
qualities.
Chinese and Russians do not have-the
experience in dealing with foreign
customers who are very quality
conscious.
We have something the Chinese and
Russians do not have-the experience
in dealing with foreign customers
who are very quality conscious.
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