The document provides an overview of the IT and ITES sector in India from an economic perspective. It discusses key aspects of the sector such as its economic activity and contribution to GDP, industry landscape, geographical distribution, and challenges. The IT and ITES sector is a major contributor to India's economy, accounting for over 5% of GDP and employing millions of workers. While the sector has grown significantly in recent decades, it faces challenges from increasing global competition and costs that threaten its continued growth.
Information Technology and Information Technology Enabled Services SectorVibrant Gujarat
Highlighting the value proposition of the ever growing IT-ITes Sector in India, this presentation gives an overall idea about the future of the sector in India as well as Gujarat. It mentions the various initiatives, incentives and schemes launched by the Government of India and the Government of Gujarat to promote business and investment in the sector.
Information Technology and Information Technology Enabled Services SectorVibrant Gujarat
Highlighting the value proposition of the ever growing IT-ITes Sector in India, this presentation gives an overall idea about the future of the sector in India as well as Gujarat. It mentions the various initiatives, incentives and schemes launched by the Government of India and the Government of Gujarat to promote business and investment in the sector.
Emerging Technologies: Changing how we live, work and play EY-Mint Emerging ...eraser Juan José Calderón
Emerging Technologies: Changing how we live, work and play
EY-Mint Emerging Technologies Report 2019.
Una gran cantidad de tecnologías emergentes está dando forma a nuestras vidas, posiblemente a un ritmo de cambio nunca antes visto en la historia. Habilitado por el poder de cómputo barato y el acceso a grandes conjuntos de datos, las máquinas ya están haciendo un mejor trabajo que los humanos en varias áreas. Esta "inteligencia" se está alejando de las granjas de servidores centrales hacia dispositivos y cosas que pronto se convertirán en parte de nuestra vida cotidiana. Estos dispositivos potencialmente negociarán su propio camino en nuestro mundo a través de "contratos inteligentes" y sin una intervención humana significativa. La información perceptiva superpuesta sobre estos objetos del mundo real nos ayudará a salir de los dispositivos móviles que han captado nuestra atención en este mundo posterior a Internet. Lo que parece único en este momento actual es la rápida adopción de muchas de estas tecnologías habilitadoras y su potencial para trabajar juntos para cambiar nuestras vidas.
The Incredible India Growth Story. Some facts have changed as of today, but rests are pretty accurate.
I am not the author of the Presentation, and It was posted in a public forum. www.tongbram.com
The entire economy is on back step due to Corona Virus pandemic. In this presention i have analysed the impact of COVID on various sectors of the economy.
Emerging Technologies: Changing how we live, work and play EY-Mint Emerging ...eraser Juan José Calderón
Emerging Technologies: Changing how we live, work and play
EY-Mint Emerging Technologies Report 2019.
Una gran cantidad de tecnologías emergentes está dando forma a nuestras vidas, posiblemente a un ritmo de cambio nunca antes visto en la historia. Habilitado por el poder de cómputo barato y el acceso a grandes conjuntos de datos, las máquinas ya están haciendo un mejor trabajo que los humanos en varias áreas. Esta "inteligencia" se está alejando de las granjas de servidores centrales hacia dispositivos y cosas que pronto se convertirán en parte de nuestra vida cotidiana. Estos dispositivos potencialmente negociarán su propio camino en nuestro mundo a través de "contratos inteligentes" y sin una intervención humana significativa. La información perceptiva superpuesta sobre estos objetos del mundo real nos ayudará a salir de los dispositivos móviles que han captado nuestra atención en este mundo posterior a Internet. Lo que parece único en este momento actual es la rápida adopción de muchas de estas tecnologías habilitadoras y su potencial para trabajar juntos para cambiar nuestras vidas.
The Incredible India Growth Story. Some facts have changed as of today, but rests are pretty accurate.
I am not the author of the Presentation, and It was posted in a public forum. www.tongbram.com
The entire economy is on back step due to Corona Virus pandemic. In this presention i have analysed the impact of COVID on various sectors of the economy.
MSME Sector - Growth, Challenges & Opportunities Resurgent India
The MSME sector contributes in a significant way to the growth of the Indian economy across the realms of production system, employment generation, national output, exports etc. The MSME Sector comprises of approximately 48 million units that produce more than 6,000 products ranging from traditional to high-tech items. The sector is driving sustainable growth in Indian economy by providing employment to around 111 million people, accounts for 45% of the manufacturing output, 40% of the country's exports and contributes 8-9% to the country's GDP.
global perspectives(mgmt-(8110)SEC-7(SEM-2019’FALL’)ASSIGNMENT.docxshericehewat
global perspectives(mgmt-(8110)SEC-7(SEM-2019’FALL’)
ASSIGNMENT-Research Essay
Research topic-EMERGING MARKET IN INDIA
Thesis statement - “My research paper will focus upon different aspects of Emerging market as well as its impact on Indian economy. “As proposed in essay proposal I will first focus on the concept of Emerging markets and how they are having an impact on global businesses.
· What is Emerging Market?
= After a proper research I figured that emerging markets concept reside in developing countries. Wherein these emerging or underdeveloped economies are making a shift from their traditional economies which was originally residing on resource based industries like agriculture, oil or export of raw materials. These economies are growing at a very fast pace to more productive capacities where they are attracting foreign capital and are rapidly industrializing. Critically, they are moving to free/ mixed economies and are becoming more integrated with the global economy with its increase in trade volume, increase in liquidity, equity market. Not only this, they are also focusing on improved infrastructure: as at present they do not have such robust infrastructure to support fast-paced growth. Some other general indicators are high growth rate, competitiveness, high ROI with high risk rate, unified currency and stocks, low-to-middle per capita income and are some social instability. (Sraders, 2018) (Chappelow, 2019) (Amadeo, 2019)
Some of the characteristics of emerging markets are given below: -
1)Low to middle average per capita Income-Emerging markets have low to middle average per capita income depicting low living standards and a lot of scope for improvement. Unemployment usually in these economies is more and more and more people are deployed on single task, thus, resulting in lower wages for the workforce.
2)High potential for growth-These economies has high potential for growth, their market requires lot of capital investment. These market owing to their scope for high growth attract more of foreign investment. These economies provide higher-than-average returns for investors.
3)High volatility- These economies are highly volatile, they are very much subjected and vulnerable to social, political and economical changes. As these economies are very much reliant on agriculture and resource based they can be severely impacted by natural disaster, external price shocks and domestic policy instability leading a groundwork for future development.
4)Currency Swings- Emerging markets face more volatile to currency swings in comparison to U.S dollar that’s because they do not have enough power to influence such movements. These fluctuations also result in commodities swing as of oil and food.
5)High growth rate associated with High risk- These economies owing to huge potential are growing fast and are rapidly industrializing resulting in higher growth rate even in comparison to some of the developed economies. For e.g.: -growth rate in ...
Challenges Of Indian Information Technology Outsourcing And Offshoring Servic...Uday Shankar AB
It is astounding to see the growth of the Indian outsourcing sector in spite of the many challenges it faces. In this paper an attempt has been made to identify these challenges along with very brief recommendations.
Enabling Indian manufacturing MSMEs for global competitivenessIET India
The COVID-19 pandemic has been a watershed moment for businesses globally. While the scenario looks gloomy all around, there are significant local and global factors that may prove to be favourable for FDI in manufacturing, especially in the Micro, Small & Medium Enterprises (MSME) sector in India.
Post the lethal impact of COVID-19, more and more manufacturing companies are looking towards India as an investment destination and as a reliable alternative to other low-cost producer countries. This will benefit the growth of established firms/sectors, providing significant new prospects for Indian MSMEs to step up and move to the next level. However, it is important to be cognisant of the fact that in order to successfully grab these opportunities, there needs to be a serious rethink of existing business models.
This paper focuses on the opportunities available, scope for improvement, and solutions to varied challenges for the MSME sector in India.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
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Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
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how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdf
Economiic Analysis of IT and ITEs sector
1. IT & ITES SECTOR IN Vivaswan Pathak
INDIA
IIFT CPCFM Online
The report aims at providing an overview of the IT and ITES sector in India
through and Economic viewpoint.
3. Introduction
Software Development and technical competence , domain knowledge, information
technology enabled services experience and expertise for offering quality IT (ITeS)
including business process outsourcing services and their exposure to working on (BPO)/
knowledge process outsourcing various platforms and systems services (KPO) industry in
India has emerged as one of the most dynamic and vibrant sectors in India’s economy.
The Government of India has announces promotion of IT as one of the top priorities of
the country . India has embarked on a policy agenda which aims to restructure its
economy with enhanced global participation. The FDI to supplement domestic investment
for achieving a quantum jump in growth rate is now an integral part of GOI’s policy.
India’s Information Technology (IT) and Information Technology Enabled Services (ITES)
segments are aligned in a way that the growth in one avenue has ripple effects on
another . The IT & ITES industry as a whole is the mainstay of Indian Technology sector as
it has driven growth of the economy in terms of employment , revenue generation ,
standards of living etc. and has played a major part in placing the country on the global
canvas.
6. Contents
1.Economic Activity
With exports accounting for the predominant share in overall IT revenues, the
performance of technology sector is closely linked to the overall health of the global
economy. The growth rates of global GDP and India’s net software earnings have been
observed to move in sync with each other.
The technology indices reflecting overall sentiments and health of the IT sector
appear as a lead indicator of world GDP growth suggesting IT based efficiency
enhancing initiatives driving global recovery.
7.
8. 2.Industry Landscape
The Indian Technology Sector – A Profile
• Key contributor to the Services Sector accounting for 5.8% of India’s overall
GDP
• Among the largest employment generators in the organized sector employing
7.5 million people, estimated to cross the 10 million mark by 2010
• Revenues estimated at USD 71 billion in 2008-09, consistent rise in growth with
5 year compound annual growth (CAGR) at 27%
• Exports constitute two-third of overall revenues with a marginally higher 5 year
CAGR of 28.7%
– US and UK remain the largest export geographies – 79%, steady expansion
of other export destinations notably Continental Europe – CAGR more than
50% over FY 2004-08
• Domestic IT revenues estimated at USD 24.3 billion, with a 5 year CAGR of 24%
• Industry’s vertical market exposure well diversified across several mature and
emerging sectors
– BFSI, Telecom and Manufacturing :Among the top 4 verticals for both export
and domestic market
• ITeS-BPO sector the fastest growing segment of the IT industry in both the
export and domestic market
– Domestic revenues at USD 1.9 billion – a growth of 45.3%
Source: CRISIL, Nasscom
9. A Graphical Overview
Industry growth by Major Components
Component wise breakup
Interms of overall growth and presence the services industry dominates the market and hence a breakup of services
industry has been provided.
11. 4.Small and Medium IT/ ITeS providers.
Contributing almost USD 18 billion and generating employment for around 700,000 people directly and in multiple
millions through cross employments, the Small and Medium IT/ITeS Providers (SMPs) in India are integral to the growth
engine of the industry in particular and the Indian economy in general. The prevailing growth trends are expected to
continue into the near future on account of the increasing maturity of this segment and the emergence of new
opportunities into the future
.
12. 5.Geographical Scenario
A 100 million English speaking demographic was one of the key reasons why it was initially easy for Indian companies to
align themselves with businesses in US and UK. However, with the pipeline slowing down, we see the emergence of new
growing markets across Continental Europe, Latin America and the Asia Pacific poised to fuel the growth into the coming
years. Europe, the Middle East, and Africa (EMEA) are expected to reach 35.8% of the worldwide offshore IT services
market in 2013. At the same time, we see the domestic market in India opening up with the government push
substantially for better governance through increased transparency and speed of operations. With increasing
competition, homegrown industries are scrambling to keep up with the external entrants through systems automation
and process re-engineering, giving the Indian IT/ITeS industry a greater geographical spread to target. This trend
towards a broader geographic market exposure is positive for the industry, not only as a de-risking measure but also as a
means of accelerating growth.
On the delivery front, we observe several emerging countries —where wages are low, competencies are high, and
foreign investment is encouraged—that are making increasingly sophisticated efforts to enter the market and take a
share of this fast-growing industry. Other developing countries with a significantly underutilized university-educated
population are trying to replicate what India has done by providing incentives to attract outsourcing business. China, for
example, has designated 20 cities as outsourcing hubs to attract more international investment and has provided them
with tax breaks, labor hour systems, and employment subsidies. Similarly, the Philippine government has declared
outsourcing a priority industry and has implemented policies (e.g., formation of economic zones and income-tax
holidays) to boost foreign investment.The increase in government intervention with private sector industries, such as
finance and manufacturing, coupled with rapidly increasing unemployment, particularly in the United States, is
heightening citizen reaction to the use of offshore resources as undermining employment opportunities. The impacts of
these events are moving governments to consider greater levels of protectionism in Europe and the United States.
Hence we see on-shoring / near-shoring gaining momentum among companies currently offshoring and those
considering it. Media reports point to a substantial number of companies making changes or planning to bring their
offshoring closer to their home country.
The five-year CAGR (from 2008 to 2013) for the offshore IT services market will be lowest in the United States,
increasing at just 4.0%, with EMEA growing at 8.8% over this same period of time. Canada and Asia/Pacific will be
growing the fastest over this five-year period at 16.5% and 19.0%, respectively. While the United States continues to
compose about 65% of the market over the forecast period, EMEA is expected to grow to 35.8% of the global total in
2013. Due to the economic slowdown in the United States, many offshore providers have increased their strategic focus
on EMEA in a bid to shift their mix of customers to include a greater percentage of European companies.
13.
14.
15. Key Insights
1. Favorable outlook: The growth rates of global GDP and India’s net software earnings have been observed to move in
sync with each other. The recent upward revisions to global growth for 2010, including the significant improvements in
the growth forecast of the advanced economies (US, UK and the Euro Area) along with the favorable GDP outlook for the
Indian economy are likely to strengthen the growth prospects of the Indian IT sector, benefiting both export and
domestic revenues.
2. Small is Large:The Small and Medium players will continue to be an integral part of the IT/ITeS growth story. They will
emerge as winners if they focus on the right markets, develop niche offerings, increase operational efficiencies, tap
appropriate capital and improve talent management.
3. Harvesting the Cloud:Though adoption of cloud computing involves dealing with fundamental changes in the
traditional business operation and outlook, this model has the potential to improve agility while streamlining costs
through centralization of resources and multi-tenancy. This would be a boon for companies looking to expand their
delivery reach and scalability while maximizing their operational economy.
4. Emerging Consumption centers:While momentum has to be maintained with innovation and climbing up the value
chain to grow the large markets of US and UK and protect them from growing competition, Indian providers have to
make investments to tap emerging overseas consuming territories like China and Latin America. The Indian domestic
market is poised to be a significant growth driver, in addition to delivery capacities, providers should also invest in sales
and account management structures for the India geography.
5. Shifting centers of Delivery: It is becoming imperative for Indian providers to expand their delivery presence beyond
India. While some of them have started making investments, we believe this process has to accelerate accompanied
byintake of local human capital. This would enable them to ramp up to speed and establish a presence across both the
demand as well as the supply end of the business thus increasing client proximity while mitigating risks6. Thought
Innovation: The need for creation of high value IP to sustain growth is no longer a luxury. Having established the global
benchmarks, the delivery engine should now be the channel to bring Indian IP to the clients
7. Partnering with Clients:Service Providers need to align themselves with client and market requirements and become
one-stop Solution Providers for their clientele. For this purpose, they would increasingly need to use non-linear models
(OBP) and services (SaaS) to maximize returns on investment
8. Green Apple Strategy: Indian IT/ITeS service providers need to differentiate themselves from the pack. The focus
should be to avoid being perceived as a commodity services provider through a combination of niche markets and
services and differentiated branding and marketing. The explosion in social networking also gives a great platform to
reach out to prospective clients and employees.
16. Conclusion
The IT/ITES industry has made a beginning and with the encouragement and support of NASSCOM and NASSCOM
Foundation, it is on track to set an example that would encourage others to emulate and help change the face of India.
It is apt to conclude with a remark made by Nobel Laureate Dr. Amartya Sen, about the Indian IT/ITES industry, during
his keynote address at the NASS-COM India Leadership Summit 2007 –
“My point is not that the IT industry should do something for the country at large, for that it does
anyway. It makes enormous contributions: it generates significant in-comes for many Indians; it has
encouraged attention to technical excellence as a general requirement across the board; it has
established exacting standards of economic success in the country; it has encouraged many bright
students to go technical rather than merely contemplative; and it has inspired Indian industrialists to
face the world economy as a potentially big participant, not a tiny little bit-player. My point, rather, is
that it can do even more, indeed in some ways, much more. This is partly because the reach of
information is so wide and all-inclusive, but also because the prosperity and commanding stature of
the IT leaders and activists give them voice, power and ability to help the direction of Indian economic
and social development.”
17. References
1. IDC Report on Worldwide and US Business Process Outsourcing Services
2. The State of Development Of The IT Services Global Delivery Model (Forrester)
3. Centre for Monitoring Indian Economy Pvt. Ltd. ( CMIE) Database
4. Eleventh 5-Year Plan 2007-12, Vol III – Planning Commission, Govt. Of India
5. Top 50 Emerging Global Outsourcing Cities – Study by Tholons
6. CNX- IT Sector Index – NSE Market Indices
7. NASDAQ -100 Technology Sector Index Data – NASDAQ Market Indices
8. Global Services Location Index – AT Kearney
9. CRISIL Data Sources
10. Nasscom Data sources
11. Security Implications of Cloud Computing– Information Security Forum
12. India Information Technology report
13. Price Waterhouse Coopers Data Sources