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| ***Information Technology in India*** |
| When asked by a reporter, what IT stood for, India's Prime Minister A.B. Vajpayee responded "India's Tomorrow". |
| India is proud of its software industry. Moreover, in 1999, more than 203 of Fortune companies outsourced their software requirements to India. India's biggest advantage over other nations is the fact that India possesses the world�s second largest pool of scientific manpower, which is also English speaking. Coupled with the fact that the quality of Indian software is extremely good with relatively low cost, it provides India a very good opportunity in the world market. Centre for Development of Advanced Computing (C-DAC) has conceived, designed and delivered parallel super computer called Param, with a peak computing power of 1 G Flops. Their second project is aimed at a super computer of 100 G Flops speed. |
| Software Activity break-up Source: NASSCOM, India |
| Software Activity Projects Professional Services Products & Packages Training Support and Maintenance I.T Enabled Services |
| Domestic (%) 28.5% 5% 48.5% 4.5% 4% 9.5% |
| Exports (%) 36.50% 44.15% 7.90% 1.72% 4.25% 5.48% |
| As on 31 March 1999, the software industry in India employed more than 250,000 people and continues to be amongst the fastest growing sectors in the Indian economy. Out of 250,000 people, almost 80,000 were employed in software exports. |
| Software Export Activity |
| Year 1985 1998 1999 2000 |
| India's Software Exports Rs 0.3 billion US$ 2.65 billion US$ 3.9 billion US$ 6.3 billion |
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| The Indian software export industry continues to show impressive growth rates. In terms of Indian rupees, the C.A.G.R. over the past five years has been as high as 60.71%. |
| The degree of on-site development is still very high, with about 59% of the work being done at the client�s site, but it is expected to decrease further in the coming years with improved data communication links. In 1988, the percentage of on-site development was almost as high as 90%. During 1999-2000, the offshore component increased to about 45% of total software exports. In 1998-99, India exported almost 61% of its total software exports to USA. Export to Europe was at 23% and more market opportunities in Japan, South Africa, Canada, France and Middle East were discovered. |
| Copyrights � 2003, Parsi Community of United States All Rights Reserved. |
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