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c c 

c 
‡ The Indian information technology (IT) industry has
played a major role in placing India on the international
map & is now envisioned to become a   


  
‡ According to a research report published by National
Association of Software and Service Companies
(NASSCOM), µIT-BPO Sector in India: Strategic Review
2011,¶ the sector is estimated to aggregate revenues of
US$ 88.1 billion in FY2011, with the IT software and
services sector (excluding hardware) accounting for US$
76.1 billion of revenues.
J 
‡ India's software exports have grown at an annual
average rate of more than 50% since 1991.
‡ Primarily a knowledge based industry, the IT industry of
India has reordered significant success due to the huge
availability of skilled personnel in India.
‡ Within exports, IT Services segment was the fastest
growing segment u 
u    
 
 and aggregating export revenues of US$ 33.5
billion, a

u     
   a   .
‡ India will see its number of internet users triple to 237
million by 2015, from 81 million registered in September
2010, according to a report titled 'Internet's New bn', by
the Boston Consulting Group (BCG).
c
c    
‡ IT Services ± Government, banking, Financial Services,
Retail and Distribution, Manufacturing.

‡ IT Enabled Services ± Customer Care, Back office


services , Data entry ,data conversion, HR services,
Data search , Market Research, Network Consultancy.

‡ Software Products

‡ Hardware ± Manufacturing and assembling of computer


hardware.
[     c
c  
‡ Growing significantly over the years.
‡ The size of this sunshine industry of India grew from 150
million US Dollars to 50 billion US Dollars between 1990-
1991 and 2006-2007.
‡ India's IT industry is expected to grow at an annual
average rate of 18% in the next five years.
‡ The industry is also expected to cross the 100 billion US
Dollar mark by 2011.
‡ The industry is   u    its current
size by the year 2012.
‡ 35% of total exports from India will be from IT exports.
‡ 225 billion US Dollars worth of market capitalization from
IT shares.
[   c 
‡ Government sector is a key catalyst for increased IT
adoption.
‡ National eGovernance Programmes (NeGP) , and the
Unique Identifi cation Development Authority of India
(UIDAI) programme that creates large scale IT
infrastructure and promotes corporate participation.
‡ The government set up the Êa
a a   on
Information Technology and Software Development with
the objective of framing a long term National IT Policy for
the country.
‡ Government is also setting up Information Technology
Investment Regions (ITIRs). These regions would be
endowed with excellent infrastructure and would reap the
benefits of co-siting, networking and greater efficiency
through use of common infrastructure and support
c
 
-  

Information Technology Act 2000 addressed the following
issues:
‡ Legal Recognition of Electronic Documents
‡ Legal Recognition of Digital Signatures
‡ Offenses and Contraventions
‡ Justice Dispensation Systems for Cybercrimes.

‡ The Information Technology Amendment Act, 2008 (IT


Act 2008) has been passed on 23rd December 2008 and
received the assent of President of India on 5th
February, 2009.
c   
‡ Between April 2000 and December 2010, the computer
software and hardware sector received cumulative
foreign direct investment (FDI) of US$ 10,601 million,
according to the Department of Industrial Policy and
Promotion.
‡ The total investments of EMC Corporation, a leading
global player of information infrastructure solutions in
India, will touch US$ 2 billion (over US$ 2.01 billion) by
2014.
‡ Syntel, an IT company, plans to invest around US$ 50
million in its global development centre in Chennai.
‡ Russian IT security software provider, Kaspersky Lab,
will be investing US$ 2 million in its India operations at
Hyderabad during 2011.
‡ On the back of 40 per cent revenue growth, Cognizant
will invest more than US$ 500 million till 2014 to expand
its campuses to add over 8 million square feet to house
over 55,000 employees. It will create additional software
development and training facilities in regions designated
as special economic zones in Chennai, Pune,
Coimbatore and Kolkata.

 c
 c c 
‡ Banglore
‡ Chennai
‡ Hyderabad
‡ NCR - National Capital Region Of India ± Delhi ,
Gurgaon , Faridabad, Greater Noida, Fhaziabad.
‡ Pune
‡ Kolkata
‡ Mumbai
‡ Jaipur

  c
J   c 
c 
  ! 
 
‡ Information Technology Departments will be increasingly
concerned with data storage and management, and will
find that information security will continue to be at the top
of the priority list.
‡ Cloud computing remains a growing area to watch. The
job outlook for those within Information Technology is
strong, with data security and server gurus amongst the
highest paid techies.
  ! "     !
‡ Tata Consultancy Services Ltd (TCS) has announced
the launch of its first BPO centre in the Philippines. This
is also the firm's first BPO centre in the South-East Asian
region
‡ Firstsource Solutions, a Mumbai-based business
process outsourcing (BPO) provider, has announced a
five-year outsourcing partnership with Barclaycard, the
UK-based credit card and consumer lending business of
Barclays PLC.
‡ Vertex, a global customer management outsourcing
(CMO) and business process outsourcing (BPO)
company, has announced a joint venture with Shell
Transource to address the domestic BPO market. Vertex
will own over 70 per cent in the joint venture, with Shell
‡ Four Soft Ltd, which offers software solutions for the
logistics and transportation industry, has signed a large
contract with Jacobson Companies, for implementing its
multimodal transport management system and business
intelligent tool across Jacobson locations globally.
‡ Patni Computer Systems has signed a five-year contract
worth over US$ 32.09 million with UK-based IT services
provider 2e2. Patni will provide a range of support
services to 2e2's end-user clients and in-house support
services.
p 
‡ According to a report prepared by McKinsey for
NASSCOM called 'Perspective 2020: Transform
Business, Transform India' released in May 2009, the
exports component of the Indian industry is expected to
reach US$ 175 billion in revenue by 2020.
‡ The domestic component will contribute US$ 50 billion in
revenue by 2020.
‡ Together, the export and domestic markets are likely to
bring in US$ 225 billion in revenue, as new opportunities
emerge in areas such as public sector and healthcare
and as geographies including Brazil, Russia, China and
Japan opt for greater outsourcing.
p 

http://www.economywatch.com/business-and-
economy/software-industry.html
http://trak.in/tags/business/2010/06/15/top-best-10-
technology-companies-india/
http://www.ibef.org/artdispview.aspx?in=38&art_id=2
8088&cat_id=121&page=2

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