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India is proud of its software industry. Most of the Fortune 500 companies outsource 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. India's total number of
internet users The world now has over a billion internet users. While the U.S. continues to lead with nearly 205 million Internet users at the end of 2005, China is second at 123 million, Japan third at 86 million and India is in fourth place among Internet users at 60 million. Germany follows in fifth spot at 50 million internet users.
Computer sold annually in India 16 million computers were in use in India, as of March 2005. In first quarter 2005 (April-June) alone, 1.01 million computers were sold. As of 2007 December, there were 65 million users of computers in India.
India's Software exports activity (IT/ITES), 2008
India's Hardware activity, 2008
The number of employees in the IT and ITES sector grew to 2 million in 2007-08 from 1.05 million in 2004-05. The Internet and Mobile Association of India estimates India's e-commerce market at $265 million and expect it to nearly double to $518 million by 2007. Domestic Software Activity Nasscom said the overall Indian software and IT enabled services industry grew 31 percent in 2005-06 to $29.6 billion. The overall software and services industry will grow by 25-28 percent in 2006-07 to $36-38 billion, Nasscom predicts. India's domestic IT market (software + hardware), 2003
There was a 37% growth in CAD/CAM market; 31% growth in RDBMS sales, 46% increase in sale of ERP packages and 35% increase in financial packages. Increased penetration of computers, strict implementation of copyright act and further control of piracy may further strengthen these segments of the market. Software purchases by SOHO market witnessed an all time high growth rate of 61%. India is expected to consume $160 billion worth of electronics a year by 2016, according to Frost & Sullivan, a U.S. consultancy, and the semiconductor portion of that could be as much as $40 billion. Government Policies In India, the success of software industry can be attributed in no small measure to the excellent teamwork between Government and Industry. The Government of India, impressed by the excellent performance of the Indian software industry has provided all support, including fiscal benefits, the availability of high speed data communications and infrastructure, besides ensuring an almost red tape-free system. The government, in fact, has given the red-carpet treatment to this industry. The fiscal benefits include trade free zones, Software Technology Park schemes, zero import duty on software, and 100% exemption on profits from software exports.
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Facts: - India has the second largest pool of scientific manpower in he world. - By 2008, revenues of Indian software and services exports, would reach US $ 50 billion - Most of the Fortune 500 companies outsource their software work to India. - 16 million computers are in use in India, as of March 2005. - India's BPO industry had revenues of $5.2 billion in 2004-05 |
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