The IT industry is today India's top exporter with exports of over $23.6 billion in 2005-06, 33 percent growth.
The potential offshored engineering market in India could exceed $40 billion by 2020, which will catapult India's market share in the same category to 30 per cent from the current 12 per cent.
The Indian IT industry's ambitions of becoming the primary destination for legal process outsourcing may fall short as myriad issues ranging from dearth of professionals to lack of cost arbitrage would clamp it down.
For 2015-16, the planned outlay for the department was Rs 2,568 crore.
President A P J Abdul Kalam asked the Indian IT industry on Wednesday to focus more on high end products while projecting that the market for information, communications and technology would touch $200 billion by the year 2010.
Put simply, this means the expectation of big cuts or internationally competitive prices in India is out of place.
Global IT firms seeing dearth of talent in countries such as US, looking for people with such skills from countries like India
Experts believe that the government needs more innovative ways to secure the cyber space in the country and a cess is more like a punishment which would not help in the long run.
The Indian IT-BPO sector, both in exports and domestic business, is expected to register a growth of 28 per cent in 2006-07 and revenues are likely to exceed $47.8 billion, nearly a 10-fold increase over the aggregate revenue in 1998.
National Association of Software and Service Companies advocated the creation of Special Economic Zones
Accenture, one of the leaders in global management consulting, technology services and outsourcing company, on Wednesday launched a training academy, in collaboration with Xavier Labour Relations Institute, Jamshedpur.
Every rupee spent by the IT-ITeS sector (on domestically-sourced goods and services) translates into a total output of Rs 2 in the economy.
Indian investment bank Avendus Advisors on Thursday said that it is in the process of floating a $200 million India specific fund for investing in diversified sectors.
While the number of women in IT cos is rising, the numbers are not impressive. A good majority of the leadership positions are also held by men.
Nasscom states the Indian gaming industry, estimated to be around $48 million (around Rs 210 crore) in 2006, is expected to cross $424 million (around Rs 1,900 crore) by 2010.
India is likely to capture around 15 per cent of the over $54 billion knowledge process outsourcing industry worldwide by 2010 from 5 per cent now, the ministry of communication and IT said.\n\n
Information technology firms that announced a boycott of the city's annual IT exposition protesting poor infrastructure received support from National Association of Software and Service Companies
Destination India is the buzzword, says TCS MD and CEO S Ramadorai
Silicon Valley-based billionaire and prominent venture capitalist Vinod Khosla on Friday condemned government's decision to ban internet-based taxi aggregator Uber following the alleged rape incident in Delhi recently.
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Software services provider, Tata Consultancy Services, is aiming to achieve $4 billion in revenue by the end of fiscal 2007, growing at 30 per cent, its CEO and MD S Ramadorai said on Tuesday.
Digitisation and automation key challenges to business model
The seventh annual Nasscom ITES-BPO strategy summit commences in Bangalore on Tuesday.
The adoption of Information Technology by the companies in India is expanding rapidly with domestic market expected to grow to $4.3 billion in 2005-06 from $3.5 billion in 2004-05, according to IT industry body Nasscom.
Nasscom plans to introduce by this year-end a common certification in terms of skills and knowledge, that matches industry requirement.
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