Indian Information Technology
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Information technology in India is an industry consisting of two major components: IT services and business process outsourcing (BPO). The sector has increased its contribution to India's GDP from 1.2% in 1998 to 7.5% in 2012. According to NASSCOM, the sector aggregated revenues of US$160 billion in 2017, with export revenue standing at US$99 billion and domestic revenue at US$48 billion, growing by over 13%. USA accounts for more than 60 per cent of Indian IT exports. Kindly share your valuable comments, use it by giving proper credits.
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Industrial policy.ppt
Here is a draft clause to address the issue of bogus Khadi units operating in India and claiming rebates from the Government of India under the existing Industrial Policy of India:
To promote authentic Khadi production and curb the operation of bogus Khadi units, the following measures shall be introduced:
1. The Khadi and Village Industries Commission (KVIC) will establish strict criteria for Khadi production units to be recognized as authentic producers eligible for Government rebates and incentives. These may include parameters around raw material sourcing, production processes, record keeping, etc.
2. All existing and new Khadi production units must register with KVIC and satisfy the recognition criteria to be able to claim any
Economic planning
The document discusses India's history of economic planning through five-year plans since 1951. It outlines the objectives and focus of each five-year plan such as promoting industrialization, agriculture, poverty alleviation, and self-reliance. The Planning Commission was established in 1950 to coordinate and execute the plans aimed at equitable resource use, economic growth, and reducing economic disparities across regions. Each successive plan targeted higher GDP growth rates with varying degrees of achievement.
Indian Agriculture sector
Indian agriculture is the backbone of the economy, with 58% of the population depending on it. India ranks second worldwide in farm output and is the leading producer of crops like jute and pulses. The sector has historically contributed around 16% to GDP but this has fallen in recent years. While agricultural production has grown, the rate of growth has only been 2% annually. The government aims to double food grain production in the next decade through new policies and incentives to make India hunger-free and revive the sector's importance to the economy.
FDI , its advantages and disadvantages
This document discusses foreign direct investment (FDI). It defines FDI as an investment made by a firm in one country into business interests located in another country, with the intent to manage the foreign asset. Countries seek FDI for reasons such as supplementing inadequate domestic capital, gaining access to technical skills and knowledge from foreign firms, and taking advantage of tax incentives. The document outlines different types of FDI, common methods used to conduct FDI, potential advantages and disadvantages of FDI, and details about India's policies regarding FDI.
International Trade Theory : Absolute Advantage Theory
The trade theory that first indicated importance of specialization in production and division of labor is based on the idea of theory of absolute advantage which is developed first by Adam Smith in his famous book The Wealth of Nations published in 1776.
Smith argued that it was impossible for all nations to become rich simultaneously by following mercantilism because the export of one nation is another nation’s import and instead stated that all nations would gain simultaneously if they practiced free trade and specialized in accordance with their absolute advantage. Smith also stated that the wealth of nations depends upon the goods and services available to their citizens, rather than their gold reserves. While there are possible gains from trade with absolute advantage, the gains may not be mutually beneficial. Comparative advantage focuses on the range of possible mutually beneficial exchanges.
Adam Smith argued that a country has an absolute advantage in the production of a product when it is more efficient than any other country producing it.
Countries should specialize in the production of goods for which they have an absolute advantage and then trade these goods for the goods produced by other countries
In economics, principle of absolute advantage refers to the ability of a party (an individual, or firm, or country) to produce more of a good or service than competitors, using the same amount of resources.
Recent trends in economy of india
The document provides an overview of the economy of India. It discusses India's economy from pre-colonial times through British colonial rule to the post-independence period. Some key points:
- India had a sizable economy in pre-colonial times, accounting for about 22.6% of world GDP in 1700 due to trade of spices and textiles.
- British colonial rule negatively impacted India's economy through taxation policies and drain of capital to Britain, reducing India's GDP share to 3.8% by 1952.
- After independence, India followed policies of protectionism, import substitution, and extensive state control and central planning until economic reforms began in 1991.
FDI IN INDIA PPT
Foreign direct investment (FDI) refers to direct investment into production in another country. FDI is generally preferred over other forms of external financing as it is non-debt creating and returns depend on project performance. India permits FDI through various routes like automatic approval, government approval, or Cabinet Committee approval depending on the sector and investment amount. The top sectors to receive FDI in India are services, construction, and telecommunications. Mauritius, Singapore, and the United States are the top countries investing in India, with Mauritius being the largest source of FDI.
New economic policy 1991
The document discusses India's New Economic Policy of 1991 which aimed to liberalize and open up the Indian economy. It was introduced when India was facing an economic crisis in 1991 under the government of P.V. Narasimha Rao and Finance Minister Manmohan Singh. The key aspects of the new policy included structural reforms, market deregulation, privatization of public sector companies, and policies to encourage foreign investment. The goals were to make the economy more market-oriented and boost economic growth. The reforms led to liberalization of trade and industry, and helped drive increased economic growth, foreign investment, and a more globalized Indian economy over the years.
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Industrial policy.ppt
Here is a draft clause to address the issue of bogus Khadi units operating in India and claiming rebates from the Government of India under the existing Industrial Policy of India:
To promote authentic Khadi production and curb the operation of bogus Khadi units, the following measures shall be introduced:
1. The Khadi and Village Industries Commission (KVIC) will establish strict criteria for Khadi production units to be recognized as authentic producers eligible for Government rebates and incentives. These may include parameters around raw material sourcing, production processes, record keeping, etc.
2. All existing and new Khadi production units must register with KVIC and satisfy the recognition criteria to be able to claim any
Economic planning
The document discusses India's history of economic planning through five-year plans since 1951. It outlines the objectives and focus of each five-year plan such as promoting industrialization, agriculture, poverty alleviation, and self-reliance. The Planning Commission was established in 1950 to coordinate and execute the plans aimed at equitable resource use, economic growth, and reducing economic disparities across regions. Each successive plan targeted higher GDP growth rates with varying degrees of achievement.
Indian Agriculture sector
Indian agriculture is the backbone of the economy, with 58% of the population depending on it. India ranks second worldwide in farm output and is the leading producer of crops like jute and pulses. The sector has historically contributed around 16% to GDP but this has fallen in recent years. While agricultural production has grown, the rate of growth has only been 2% annually. The government aims to double food grain production in the next decade through new policies and incentives to make India hunger-free and revive the sector's importance to the economy.
FDI , its advantages and disadvantages
This document discusses foreign direct investment (FDI). It defines FDI as an investment made by a firm in one country into business interests located in another country, with the intent to manage the foreign asset. Countries seek FDI for reasons such as supplementing inadequate domestic capital, gaining access to technical skills and knowledge from foreign firms, and taking advantage of tax incentives. The document outlines different types of FDI, common methods used to conduct FDI, potential advantages and disadvantages of FDI, and details about India's policies regarding FDI.
International Trade Theory : Absolute Advantage Theory
The trade theory that first indicated importance of specialization in production and division of labor is based on the idea of theory of absolute advantage which is developed first by Adam Smith in his famous book The Wealth of Nations published in 1776.
Smith argued that it was impossible for all nations to become rich simultaneously by following mercantilism because the export of one nation is another nation’s import and instead stated that all nations would gain simultaneously if they practiced free trade and specialized in accordance with their absolute advantage. Smith also stated that the wealth of nations depends upon the goods and services available to their citizens, rather than their gold reserves. While there are possible gains from trade with absolute advantage, the gains may not be mutually beneficial. Comparative advantage focuses on the range of possible mutually beneficial exchanges.
Adam Smith argued that a country has an absolute advantage in the production of a product when it is more efficient than any other country producing it.
Countries should specialize in the production of goods for which they have an absolute advantage and then trade these goods for the goods produced by other countries
In economics, principle of absolute advantage refers to the ability of a party (an individual, or firm, or country) to produce more of a good or service than competitors, using the same amount of resources.
Recent trends in economy of india
The document provides an overview of the economy of India. It discusses India's economy from pre-colonial times through British colonial rule to the post-independence period. Some key points:
- India had a sizable economy in pre-colonial times, accounting for about 22.6% of world GDP in 1700 due to trade of spices and textiles.
- British colonial rule negatively impacted India's economy through taxation policies and drain of capital to Britain, reducing India's GDP share to 3.8% by 1952.
- After independence, India followed policies of protectionism, import substitution, and extensive state control and central planning until economic reforms began in 1991.
FDI IN INDIA PPT
Foreign direct investment (FDI) refers to direct investment into production in another country. FDI is generally preferred over other forms of external financing as it is non-debt creating and returns depend on project performance. India permits FDI through various routes like automatic approval, government approval, or Cabinet Committee approval depending on the sector and investment amount. The top sectors to receive FDI in India are services, construction, and telecommunications. Mauritius, Singapore, and the United States are the top countries investing in India, with Mauritius being the largest source of FDI.
New economic policy 1991
The document discusses India's New Economic Policy of 1991 which aimed to liberalize and open up the Indian economy. It was introduced when India was facing an economic crisis in 1991 under the government of P.V. Narasimha Rao and Finance Minister Manmohan Singh. The key aspects of the new policy included structural reforms, market deregulation, privatization of public sector companies, and policies to encourage foreign investment. The goals were to make the economy more market-oriented and boost economic growth. The reforms led to liberalization of trade and industry, and helped drive increased economic growth, foreign investment, and a more globalized Indian economy over the years.
Foreign Direct Investment in India (FDI)
This document lists the group members of a project and provides information about foreign direct investment (FDI) in India. It summarizes key sectors that receive FDI in India like services, manufacturing, retail, and tourism. It also outlines India's FDI policies and restrictions in different sectors. Major investing countries in India include Mauritius, Singapore, USA, and UK. The document emphasizes the need to attract quality FDI and focus on export-oriented investments to benefit the local economy.
India superpower
India has the potential to become a superpower due to several factors:
1) It has the third largest education system and is continuing to improve literacy rates.
2) Over half the population is under 25, making India the youngest country.
3) A growing middle class of over 500 million people will drive domestic economic growth.
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Make in india ppt
The Make in India initiative was launched by Prime Minister Modi on September 25, 2014 to encourage global companies to manufacture their products in India. The campaign aims to transform India into a global manufacturing hub and improve its ranking on the World Bank's ease of doing business index. Key objectives include generating employment, attracting investment, fostering innovation, and building manufacturing infrastructure. The government has identified 25 sectors for focus, and has promised to simplify regulations and provide assistance to foreign investors. While India has potential, manufacturing, especially of electronics, remains a challenge due to increasing costs and the closure of companies like Nokia. The implementation of GST and policies to attract capital and expertise will be important for the success of Make in India.
India’s foreign trade
- India's foreign trade can be traced back to the Indus Valley civilization. The 1991 reforms aimed to liberalize trade and attract foreign investment.
- The direction of India's trade refers to its major export and import partners. Exports have diversified to many countries. Major import sources are European countries.
- The composition of trade analyzes product groups. Exports have diversified from primary goods to manufactured goods. Imports now include more capital goods and industrial inputs.
- The balance of trade is favorable if exports exceed imports, and unfavorable if imports exceed exports. The balance of payments includes current accounts like trade plus capital and financial flows. India has recently experienced a lower trade deficit and falling exports and imports
Industrial policy from 1948 1991
The document summarizes key industrial policies in India from 1948 to 1991. It outlines the objectives of early policies like the 1948 and 1956 resolutions which focused on developing industry and reducing economic disparities through public sector involvement. Subsequent policies in 1973, 1977 and 1980 continued promoting small industries and exports. The 1991 policy aimed to liberalize the economy through foreign investment, dismantling regulations and improving competitiveness.
The role of agriculture in economic development.pptx
In this ppt some points are highlighted regarding how agriculture plays an important role in economic sector . what are the types of challenges faced by the farmers
Make in india
The Make in India initiative was launched by Prime Minister Modi in 2014 to transform India into a global manufacturing hub. It aims to attract foreign investment and technological expertise in 25 key sectors like automobiles, aviation, pharmaceuticals, and electronics. The initiative simplifies regulations, improves infrastructure through industrial corridors and smart cities, and develops skills to boost manufacturing and job creation in India. It has already received positive responses from companies like Samsung, Airbus, and Huawei who are investing in manufacturing plants in India.
LPG-Very easy ppt
The document discusses India's adoption of liberalization, privatization, and globalization (LPG) policies in 1991 to address economic issues. It overviews the reasons for implementing LPG, which included excess consumption over revenue, public sector losses, and low foreign exchange reserves. Liberalization reduced regulations to increase private participation and investment. Privatization transferred public enterprises to private ownership. Globalization integrated India's economy internationally through foreign investment. The policies aimed to boost foreign investment and exchange while increasing competition, but could also increase unemployment and inequality.
Indian economy
The document provides an overview of the Indian economy and compares it to other economies. It discusses how the Indus Valley civilization had an advanced economic system based on agriculture, trade, and urban planning. After independence, India adopted socialist economic policies including five-year plans. While India and South Korea had similar income levels in 1950, South Korea surpassed India's GDP per capita by adopting more market-based reforms. Key challenges faced by India and China include agricultural issues, unemployment, and inequality. Lessons highlight the need for inclusive growth through quality job creation and investment in social sectors.
Industrial policy
The document outlines India's industrial policies since independence. Key policies include the Industrial Policy Resolution of 1948 which accepted a mixed economy with government monopoly in select industries. The 1956 policy emphasized heavy industries and expanding the public sector. The 1973 policy gave preference to small and medium enterprises. The 1980 policy promoted competition and 1991 policy deregulated industry, allowed private sector flexibility, and reduced licensing/controls.
Industrial finance
Industrial businesses require financing for starting up, running operations, research and development, dealing with troubles, and expanding. There are short term, medium term, and long term industrial financing options. Short term is less than a year, medium is over a year but under five years, and long term is over five years. Businesses can access internal sources like self financing, equity shares, debentures, bonds, and public deposits or loans. External sources include foreign direct investment, institutional investment, and non-resident investment.
Trade Reform
The document discusses India's trade policy reforms from 2008-2019. It provides details on various trade agreements and reforms India has undertaken, including the establishment of free trade areas with ASEAN and other countries. It also analyzes the impact of reforms on India's economy, noting improvements in areas like the trade deficit but that challenges remain like infrastructure development. The document concludes by examining the US-China trade war and its effects on India's exports.
Foreign Direct & Portfolio Investments
Foreign direct and portfolio investments refer to investments made by entities in one country into assets or businesses located in another country. Specifically, the document discusses:
- Foreign direct investment (FDI) which involves controlling ownership of foreign assets or businesses. FDI can be horizontal, vertical, or conglomerate. Advantages include economic development, easier trade, jobs, and human capital development. Disadvantages include hindering domestic investment and political risk.
- Foreign portfolio investment (FPI) made through foreign institutional investors (FIIs) such as mutual funds. FIIs must register with regulatory bodies. There are limits on the amount and type of assets FIIs can purchase in another country to limit their influence.
Adam smith theory on International Trade
Adam Smith was a pioneering Scottish economist who made important contributions to theories of international trade. In his seminal work "The Wealth of Nations", Smith argued against mercantilism and proposed that countries should specialize in goods where they have an absolute advantage in production based on resource requirements. Smith's theory of absolute advantage posited that free trade and specialization according to absolute productive differences would benefit all nations. However, the theory did not account for mutually beneficial trade when no absolute advantage exists.
Fdi and fpi – india perspective
This document provides an overview of foreign direct investment (FDI) and foreign portfolio investment (FPI) in India. It defines FDI and FPI, discusses their advantages and disadvantages, and compares the key differences between them. FDI refers to direct investment in facilities and assets in a foreign country, while FPI is the purchase of stocks and bonds on foreign exchanges. The document outlines India's policies and limits on FDI in different industries, as well as factors influencing FDI inflows into India.
India's trade policy.ppt
The document provides information on India's foreign trade policies and trends over several decades. It discusses the evolution of India's trade balance from deficits in the early decades to surpluses more recently. Key points include:
- India had trade deficits from the 1950s through 1980s as imports grew faster than exports due to developmental needs and oil shocks. Deficits peaked in the 1980s, making India one of the most indebted countries.
- Liberalization began in the 1990s with policies promoting exports and attracting foreign capital. This reduced deficits and led to surpluses in the 2000s as exports grew rapidly, especially for software and manufactured goods.
- More recent foreign trade policies have aimed to
India's Foreign trade policy
Composition & Direction of Foreign Trade, Foreign Trade Policy, India’s Foreign Trade Policy, Foreign Trade Policy 2015 – 2020
Indian agriculture
Indian agriculture is one of the strong sectors of the Indian economy, contributing 14% to GDP and employing 58% of the population. Major crops include rice, wheat, oilseeds, cotton, jute, and tea. The Green Revolution in the 1960s increased agricultural production and exports through high-yielding varieties and increased fertilizer and irrigation. However, average yields remain low due to inadequate irrigation, illiteracy, and lack of technical development compared to other countries.
Role Of Agriculture in Indian Economy
Agriculture is the backbone of the Indian economy, contributing 16% to GDP and providing employment to over half of the workforce. It produces food for over 1 billion people and supplies raw materials to industries. Agriculture is the largest source of foreign exchange through exports of tea, cotton, spices and other commodities. While its economic contribution is declining with industrialization, agriculture will remain vital to India's development as the primary occupation in rural areas and source of food security.
SWOT analysis of indian economy
India has strengths like a large agricultural sector, skilled workforce, and growing IT industry. However, weaknesses include high unemployment, poverty, and inadequate infrastructure. Opportunities exist in foreign investment, the large population as a consumer base, and sectors like IT. Threats are a slowing global economy, high deficits, population growth, and dependence on oil imports. A SWOT analysis finds that while India faces challenges, it also has significant opportunities to strengthen its economy by addressing weaknesses and capitalizing on its strengths and opportunities.
Term paper presentation on it products
The document summarizes India's IT industry, including its origins in 1967, major growth factors like infrastructure, education system and costs. It discusses major IT hubs in India and investments by companies. It provides an overview of major Indian IT companies like Infosys, TCS and Wipro. It also discusses India's dominant position in offshoring, recent trends in the global IT sector, and steps taken by the Indian government to support growth.
India: Global IT Outsourcing Hub
India has become a major global outsourcing hub for IT and ITES industries, accounting for 55% of the $185-190 billion global market. Key factors that have contributed to India's success include its large English-speaking workforce, political stability, and favorable government policies. Major Indian cities like Bangalore, Hyderabad, Chennai, and the National Capital Region have emerged as key hubs for the industry, employing millions of technology professionals. However, the industry faces challenges of increasing competition from other emerging markets, attracting and retaining talent, and adapting to new technologies like artificial intelligence. The government is taking initiatives to promote software product development, upskilling workers, and developing a national AI strategy to help the industry
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India superpower
India has the potential to become a superpower due to several factors:
1) It has the third largest education system and is continuing to improve literacy rates.
2) Over half the population is under 25, making India the youngest country.
3) A growing middle class of over 500 million people will drive domestic economic growth.
4) Several sectors like IT, manufacturing, and infrastructure are growing rapidly due to reforms and investment.
Make in india ppt
The Make in India initiative was launched by Prime Minister Modi on September 25, 2014 to encourage global companies to manufacture their products in India. The campaign aims to transform India into a global manufacturing hub and improve its ranking on the World Bank's ease of doing business index. Key objectives include generating employment, attracting investment, fostering innovation, and building manufacturing infrastructure. The government has identified 25 sectors for focus, and has promised to simplify regulations and provide assistance to foreign investors. While India has potential, manufacturing, especially of electronics, remains a challenge due to increasing costs and the closure of companies like Nokia. The implementation of GST and policies to attract capital and expertise will be important for the success of Make in India.
India’s foreign trade
- India's foreign trade can be traced back to the Indus Valley civilization. The 1991 reforms aimed to liberalize trade and attract foreign investment.
- The direction of India's trade refers to its major export and import partners. Exports have diversified to many countries. Major import sources are European countries.
- The composition of trade analyzes product groups. Exports have diversified from primary goods to manufactured goods. Imports now include more capital goods and industrial inputs.
- The balance of trade is favorable if exports exceed imports, and unfavorable if imports exceed exports. The balance of payments includes current accounts like trade plus capital and financial flows. India has recently experienced a lower trade deficit and falling exports and imports
Industrial policy from 1948 1991
The document summarizes key industrial policies in India from 1948 to 1991. It outlines the objectives of early policies like the 1948 and 1956 resolutions which focused on developing industry and reducing economic disparities through public sector involvement. Subsequent policies in 1973, 1977 and 1980 continued promoting small industries and exports. The 1991 policy aimed to liberalize the economy through foreign investment, dismantling regulations and improving competitiveness.
The role of agriculture in economic development.pptx
In this ppt some points are highlighted regarding how agriculture plays an important role in economic sector . what are the types of challenges faced by the farmers
Make in india
The Make in India initiative was launched by Prime Minister Modi in 2014 to transform India into a global manufacturing hub. It aims to attract foreign investment and technological expertise in 25 key sectors like automobiles, aviation, pharmaceuticals, and electronics. The initiative simplifies regulations, improves infrastructure through industrial corridors and smart cities, and develops skills to boost manufacturing and job creation in India. It has already received positive responses from companies like Samsung, Airbus, and Huawei who are investing in manufacturing plants in India.
LPG-Very easy ppt
The document discusses India's adoption of liberalization, privatization, and globalization (LPG) policies in 1991 to address economic issues. It overviews the reasons for implementing LPG, which included excess consumption over revenue, public sector losses, and low foreign exchange reserves. Liberalization reduced regulations to increase private participation and investment. Privatization transferred public enterprises to private ownership. Globalization integrated India's economy internationally through foreign investment. The policies aimed to boost foreign investment and exchange while increasing competition, but could also increase unemployment and inequality.
Indian economy
The document provides an overview of the Indian economy and compares it to other economies. It discusses how the Indus Valley civilization had an advanced economic system based on agriculture, trade, and urban planning. After independence, India adopted socialist economic policies including five-year plans. While India and South Korea had similar income levels in 1950, South Korea surpassed India's GDP per capita by adopting more market-based reforms. Key challenges faced by India and China include agricultural issues, unemployment, and inequality. Lessons highlight the need for inclusive growth through quality job creation and investment in social sectors.
Industrial policy
The document outlines India's industrial policies since independence. Key policies include the Industrial Policy Resolution of 1948 which accepted a mixed economy with government monopoly in select industries. The 1956 policy emphasized heavy industries and expanding the public sector. The 1973 policy gave preference to small and medium enterprises. The 1980 policy promoted competition and 1991 policy deregulated industry, allowed private sector flexibility, and reduced licensing/controls.
Industrial finance
Industrial businesses require financing for starting up, running operations, research and development, dealing with troubles, and expanding. There are short term, medium term, and long term industrial financing options. Short term is less than a year, medium is over a year but under five years, and long term is over five years. Businesses can access internal sources like self financing, equity shares, debentures, bonds, and public deposits or loans. External sources include foreign direct investment, institutional investment, and non-resident investment.
Trade Reform
The document discusses India's trade policy reforms from 2008-2019. It provides details on various trade agreements and reforms India has undertaken, including the establishment of free trade areas with ASEAN and other countries. It also analyzes the impact of reforms on India's economy, noting improvements in areas like the trade deficit but that challenges remain like infrastructure development. The document concludes by examining the US-China trade war and its effects on India's exports.
Foreign Direct & Portfolio Investments
Foreign direct and portfolio investments refer to investments made by entities in one country into assets or businesses located in another country. Specifically, the document discusses:
- Foreign direct investment (FDI) which involves controlling ownership of foreign assets or businesses. FDI can be horizontal, vertical, or conglomerate. Advantages include economic development, easier trade, jobs, and human capital development. Disadvantages include hindering domestic investment and political risk.
- Foreign portfolio investment (FPI) made through foreign institutional investors (FIIs) such as mutual funds. FIIs must register with regulatory bodies. There are limits on the amount and type of assets FIIs can purchase in another country to limit their influence.
Adam smith theory on International Trade
Adam Smith was a pioneering Scottish economist who made important contributions to theories of international trade. In his seminal work "The Wealth of Nations", Smith argued against mercantilism and proposed that countries should specialize in goods where they have an absolute advantage in production based on resource requirements. Smith's theory of absolute advantage posited that free trade and specialization according to absolute productive differences would benefit all nations. However, the theory did not account for mutually beneficial trade when no absolute advantage exists.
Fdi and fpi – india perspective
This document provides an overview of foreign direct investment (FDI) and foreign portfolio investment (FPI) in India. It defines FDI and FPI, discusses their advantages and disadvantages, and compares the key differences between them. FDI refers to direct investment in facilities and assets in a foreign country, while FPI is the purchase of stocks and bonds on foreign exchanges. The document outlines India's policies and limits on FDI in different industries, as well as factors influencing FDI inflows into India.
India's trade policy.ppt
The document provides information on India's foreign trade policies and trends over several decades. It discusses the evolution of India's trade balance from deficits in the early decades to surpluses more recently. Key points include:
- India had trade deficits from the 1950s through 1980s as imports grew faster than exports due to developmental needs and oil shocks. Deficits peaked in the 1980s, making India one of the most indebted countries.
- Liberalization began in the 1990s with policies promoting exports and attracting foreign capital. This reduced deficits and led to surpluses in the 2000s as exports grew rapidly, especially for software and manufactured goods.
- More recent foreign trade policies have aimed to
India's Foreign trade policy
Composition & Direction of Foreign Trade, Foreign Trade Policy, India’s Foreign Trade Policy, Foreign Trade Policy 2015 – 2020
Indian agriculture
Indian agriculture is one of the strong sectors of the Indian economy, contributing 14% to GDP and employing 58% of the population. Major crops include rice, wheat, oilseeds, cotton, jute, and tea. The Green Revolution in the 1960s increased agricultural production and exports through high-yielding varieties and increased fertilizer and irrigation. However, average yields remain low due to inadequate irrigation, illiteracy, and lack of technical development compared to other countries.
Role Of Agriculture in Indian Economy
Agriculture is the backbone of the Indian economy, contributing 16% to GDP and providing employment to over half of the workforce. It produces food for over 1 billion people and supplies raw materials to industries. Agriculture is the largest source of foreign exchange through exports of tea, cotton, spices and other commodities. While its economic contribution is declining with industrialization, agriculture will remain vital to India's development as the primary occupation in rural areas and source of food security.
SWOT analysis of indian economy
India has strengths like a large agricultural sector, skilled workforce, and growing IT industry. However, weaknesses include high unemployment, poverty, and inadequate infrastructure. Opportunities exist in foreign investment, the large population as a consumer base, and sectors like IT. Threats are a slowing global economy, high deficits, population growth, and dependence on oil imports. A SWOT analysis finds that while India faces challenges, it also has significant opportunities to strengthen its economy by addressing weaknesses and capitalizing on its strengths and opportunities.
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The role of agriculture in economic development.pptx
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development of IT and ITeS in Indian industry.
Technopreneurship in India
This document discusses the growth and development of the IT and ITeS industry in India. It notes that the industry has grown rapidly over the past two decades, with Indian IT companies becoming globally prominent. The industry contributes significantly to India's GDP and exports. Major government initiatives like setting up software parks and economic zones have supported the industry's growth. Key cities housing major IT hubs include Bangalore, Mumbai, Delhi, Chennai, and Hyderabad. The revenue of the Indian IT sector increased over 200% between 2008-09 and 2015-16, reaching $143 billion. However, the industry must continue reinventing itself through new business models and partnerships to sustain growth.
113 technopreneurship and development of it and i te s industry in india
This document discusses the growth and development of the IT and ITeS industry in India. It notes that the industry has grown rapidly over the past two decades, with Indian IT companies becoming globally prominent. The industry contributes significantly to India's GDP and exports. Major government initiatives like setting up software parks and economic zones have supported the industry's growth. Key cities housing major IT hubs include Bangalore, Mumbai, Delhi, Chennai, and Hyderabad. The revenue of the Indian IT sector increased over 200% between 2008-09 and 2015-16, reaching $143 billion. However, the industry must continue reinventing itself through new business models and partnerships to sustain growth.
C.PARAMASIVAN
This document discusses the growth and development of the IT and ITeS industry in India. It notes that the industry has grown rapidly over the past two decades, with Indian IT companies becoming globally prominent. The industry contributes significantly to India's GDP and exports. Major government initiatives like setting up software parks and economic zones have supported the industry's growth. Key cities housing major IT hubs include Bangalore, Mumbai, Delhi, Chennai, and Hyderabad. The revenue of the Indian IT sector increased over 200% between 2008-09 and 2015-16, reaching $143 billion. However, the industry must continue reinventing itself through new business models and partnerships to sustain growth.
Information technology industry
The IT industry in India has experienced high growth rates and is dominated by companies like TCS, Wipro, and Infosys. It includes computer technology, electronics, and telecommunications. The computer industry has grown from Rs. 32,070 crore in production in 1997-98 to Rs. 5,18,520 crore in 2010-11. The electronics industry is the 26th largest in the world and growing at over 25% annually. Telecommunication in India has also grown rapidly, with telephone density increasing from 1 phone per 100 people to over 76 phones per 100 in 2011. The IT industry faces challenges of increasing foreign competition, cybercrime, skills shortages, and global economic conditions.
IT on indian economy
India's IT industry was born in 1967 with Tata Group partnering with Burroughs in Mumbai. The first software export zone was established in 1973 in Mumbai. India's growing role in technology helped it form partnerships with the US and EU. Today, India's IT industry contributes over 5% to GDP and provides millions of jobs, with revenues expected to reach $225 billion by 2020. Major IT hubs include Bangalore, Hyderabad, Chennai, and Pune.
It industry analysis
IT industry analysis of India, information of industry , global scenario, contribution to India's GDP, PESTEL analysis etc.
Primus project report
The software industry has experienced significant growth and changes since the 1950s. It began with customers and computer companies programming machines, and the first software company was founded in 1955. The industry expanded with the commercialization of computers in the 1960s and growth of personal computers in the 1970s. Today, the global software industry is worth over $400 billion and India has emerged as a major player, contributing over 7.5% to its GDP and generating millions of jobs, especially in cities like Bangalore and Hyderabad. The industry faces ongoing challenges from increasing global competition and economic changes.
Working Opportunity in field of IT
Information technology (IT) refers to the entire industry involving the use of computers and software to manage information. The IT department of large companies is responsible for storing, protecting, processing, transmitting, and retrieving information as needed. Some key careers in IT include software engineers, developers, programmers, systems engineers, IT consultants, and IT managers. IT has transformed many industries and led to numerous job opportunities, especially in software, telecommunications, and electronics. While a bachelor's degree is usually required for IT jobs, postgraduate degrees provide more opportunities for professional growth.
IoT_RKP.pptx
The document provides an overview of Internet of Things (IoT) including its history, introduction, key applications areas in India, architecture, protocols, and challenges. It discusses how IoT has evolved due to convergence of technologies like sensors, embedded systems, and machine learning. The architecture typically involves smart devices, networks/gateways, middleware/platforms, and applications. Common protocols used include MQTT, CoAP, AMQP, and DDS. Major application areas in India include smart cities, factories, healthcare, retail, and agriculture. Security is a key challenge given the large number of connected devices.
economic impact of ICT
ICT refers to technologies that process information and includes computers, communication devices, and software applications. ICT has become an important part of the global economy, with firms and consumers using technologies like computers and the internet for economic purposes. The rapid spread of ICT has led to positive cultural changes and economic growth in developing countries by facilitating communication, cultural awareness, and alleviating poverty. New ICT technologies are also changing economic structures and contributing to productivity increases in developed economies.
IT industry
The document discusses the IT and ITES sectors in India. It defines IT as the study, design, development and management of computer-based information systems, while ITES refers to the outsourcing of processes that can be enabled by IT, such as finance, HR and administration. India has become a major global outsourcing destination for IT and ITES due to an English-speaking workforce, lower costs, and a large skilled talent pool. The sectors have grown significantly and now contribute over 7% to India's GDP, with major hubs located in Bangalore, Chennai, Hyderabad and Pune. Leading companies in the space include TCS, Infosys and Wipro.
Indian telecom policies
The telecom industry in India is growing rapidly and is expected to triple in size by 2012, driven by rising demand. The government has actively supported the industry's growth through liberal policies beginning in 1994, opening the sector to private investment. This has provided significant opportunities for both domestic and foreign investors in manufacturing and infrastructure. Continued focus on expanding rural connectivity also presents substantial opportunities for further growth in the Indian telecom market.
It present past and future
- India's IT industry has experienced rapid growth in recent decades, with software and IT services exports growing at annual rates of 20-22% and IT-enabled services growing at 55%.
- The IT industry now accounts for 4.8% of India's GDP and is projected to reach 7% of GDP by 2010. Software exports have increased from $0.5 million in 1990 to over $23 billion in 2005-06.
- Factors that have contributed to the growth of India's IT industry include a large English-speaking workforce, government policies promoting software production and exports dating back to the 1980s, investments in technology parks and infrastructure, and competitive costs.
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Technopreneurship and Development of IT and ITeS Industry in India
Technopreneurship and Development of IT and ITeS Industry in India
113 technopreneurship and development of it and i te s industry in india
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Indian Information Technology
- 2. Information Technology /ɪnfəˈmeɪʃ(ə)n/ /tɛkˈnɒlədʒi/ Information technology (IT) is the application of computers to store, study, retrieve, transmit, and manipulate data, or information, often in the context of a business or other enterprise.
- 3. History of Information Technology India's IT Services industry was born in Mumbai in 1967. The first software export zone, SEEPZ was established in Mumbai in 1973. More than 8 % of the country's software exports were from SEEPZ in the 1980s. Atal Bihari Vajpayee (who was Prime Minister from 1998–2004) formed the Indian National Task Force on Information Technology and Software Development.
- 4. History of Information Technology VSNL introduced Gateway Electronic Mail Service in 1991, the 64 kbit/s leased line service in 1992 Commercial Internet access on a visible scale in 1992. The Information Technology Act, 2000 created legal procedures for electronic transactions and e-commerce.
- 5. Industry Information technology in India is an industry consisting of two major components: IT services Business process outsourcing (BPO)
- 12. Top 5 IT Companies
- 13. Major IT hubs Bangalore Hyderabad Chennai Mumbai Pune Gurgaon
- 14. Future of IT The Indian IT market currently focuses on providing low-cost solutions. According to Google estimates, the Indian community of developers will be the largest in the world by 2018. The developing future technologies of IT are listed below, AI Cloud Fully Automation Smart India
- 15. “The smallest act of kindness is worth more than the grandest intention.” Thank You! - Oscar Wilde