The document provides an overview of the IT and ITES sector in India from an economic perspective. It discusses key topics such as the sector's contribution to India's GDP and employment, its landscape and growth trends, geographical distribution of exports, and challenges and opportunities around areas like emerging markets, delivery centers, and small/medium enterprises. The sector has grown significantly over the past decade but still faces challenges around competition, talent shortage, and maintaining its cost advantage to continue its strong growth trajectory.
TRENDS IN INTERNATIONAL TRADE Forced dynamism
Co operation among countries
Liberalization of cross border movements
Transfer of technology
Growth in emerging markets
Indian IT Industry has been praised for being the backend of global IT industry. But, let's do a reality check. Is Indian IT Industry really doing well? What's wrong with IT?
Wealth Maximization is superior then the profit maximizationVTU,Belgaum
Wealth maximization is superior to profit maximization for several reasons. Wealth maximization considers long-term sustainability rather than short-term profits. It accounts for the time value of money by discounting future cash flows. Wealth maximization also factors in risk and uncertainty through the discount rate. The goal of wealth maximization is to improve shareholder value, while considering the total value generated relative to costs for the business. It provides a more efficient allocation of resources while also ensuring benefits to society.
Non-Tariff barriers are trade barriers that restrict imports but are not in the usual form of a tariff.
Some common examples are anti-dumping measures and countervailing duties also called non-tariff barriers.
Non-Tariff barriers include macro-economic measures affecting trade.
Non-Tariff barriers comes under Trade Policy.
This document provides an overview of the IT industry in India. It discusses the top software companies globally and in India, including TCS, Infosys, and Wipro. It analyzes the financial performance and margins of these major players over time. The document also examines the size and growth of the Indian IT industry, its contribution to GDP, FDI inflows, and exports. It notes that Nasscom forecasts 4-7% growth for the sector in the current fiscal year and double-digit growth starting next fiscal year.
Human capital refers to the skills, knowledge, and health that enable people to be productive. Developing human capital through education and training is important for economic growth. While Pakistan has made some investments in education and seen gains in literacy and human development, it spends less than comparable countries on health and education. Improving human capital will require greater investment, better education quality, and addressing issues like population growth and unequal access to opportunities.
The document appears to be a questionnaire assessing the effectiveness of training and development programs in an organization. It contains 20 questions addressing various aspects of training such as how training is prioritized, barriers to effective training, methods used, usefulness, and areas for improvement. The questions gauge level of agreement with statements and ask about duration, objectives, and problems with current training sessions.
The document contains details about the Bangladesh budget for 2014-2015, including:
- The total budget was 250506 crores (18.7% of GDP) with total revenues of 189160 crores and an overall deficit of 61,346 crores (4.6% of GDP).
- The largest expenditure sectors were public administration (15.3% of budget), education (13.1%), and transport and communication (9.8%).
- Key points of analysis were the increased corporate tax rate, efforts to whiten black money in real estate, waived import duties for textiles, and plans for electricity generation and gas infrastructure. Concerns included low agricultural allocation and lack of roadmap for
TRENDS IN INTERNATIONAL TRADE Forced dynamism
Co operation among countries
Liberalization of cross border movements
Transfer of technology
Growth in emerging markets
Indian IT Industry has been praised for being the backend of global IT industry. But, let's do a reality check. Is Indian IT Industry really doing well? What's wrong with IT?
Wealth Maximization is superior then the profit maximizationVTU,Belgaum
Wealth maximization is superior to profit maximization for several reasons. Wealth maximization considers long-term sustainability rather than short-term profits. It accounts for the time value of money by discounting future cash flows. Wealth maximization also factors in risk and uncertainty through the discount rate. The goal of wealth maximization is to improve shareholder value, while considering the total value generated relative to costs for the business. It provides a more efficient allocation of resources while also ensuring benefits to society.
Non-Tariff barriers are trade barriers that restrict imports but are not in the usual form of a tariff.
Some common examples are anti-dumping measures and countervailing duties also called non-tariff barriers.
Non-Tariff barriers include macro-economic measures affecting trade.
Non-Tariff barriers comes under Trade Policy.
This document provides an overview of the IT industry in India. It discusses the top software companies globally and in India, including TCS, Infosys, and Wipro. It analyzes the financial performance and margins of these major players over time. The document also examines the size and growth of the Indian IT industry, its contribution to GDP, FDI inflows, and exports. It notes that Nasscom forecasts 4-7% growth for the sector in the current fiscal year and double-digit growth starting next fiscal year.
Human capital refers to the skills, knowledge, and health that enable people to be productive. Developing human capital through education and training is important for economic growth. While Pakistan has made some investments in education and seen gains in literacy and human development, it spends less than comparable countries on health and education. Improving human capital will require greater investment, better education quality, and addressing issues like population growth and unequal access to opportunities.
The document appears to be a questionnaire assessing the effectiveness of training and development programs in an organization. It contains 20 questions addressing various aspects of training such as how training is prioritized, barriers to effective training, methods used, usefulness, and areas for improvement. The questions gauge level of agreement with statements and ask about duration, objectives, and problems with current training sessions.
The document contains details about the Bangladesh budget for 2014-2015, including:
- The total budget was 250506 crores (18.7% of GDP) with total revenues of 189160 crores and an overall deficit of 61,346 crores (4.6% of GDP).
- The largest expenditure sectors were public administration (15.3% of budget), education (13.1%), and transport and communication (9.8%).
- Key points of analysis were the increased corporate tax rate, efforts to whiten black money in real estate, waived import duties for textiles, and plans for electricity generation and gas infrastructure. Concerns included low agricultural allocation and lack of roadmap for
Hi All,
Budget View from Team Aera
The government of India has put their ambitious and national building plan with today's Budget.
We find that the Budget is impressive.
Please find the attached first cut review of the Budget.
We welcome comments from you as well as ready to provide any more details /clarity on this finance bill 2022 ..
Thanks
Team Aera
#unionbudget2022 #unionbudget #indiamarket #growthpotential
India has the potential to become a superpower due to several factors:
1) It has a large and growing population, with investments in education helping to build a skilled workforce.
2) Infrastructure development and economic reforms have supported strong economic growth rates over 8% annually in recent years.
3) The rising Indian middle class, growth of the IT industry, and increasing domestic consumption are expected to continue driving the economy.
4) Significant investments in modernizing its military, which already has the second largest standing army in the world, demonstrate India's growing international influence.
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.
The document provides an overview of the history and development of the Indian economy from independence in 1947 to present day. It discusses how India transformed from a primarily agricultural economy to one with major industries and sectors like manufacturing, services, and technology. The economy has grown significantly and become one of the fastest growing major economies in the world, with a large middle class and reductions in poverty and illiteracy rates. However, issues around unemployment, infrastructure, and income inequality still remain.
The document provides an overview of the information technology industry. It discusses the history and development of IT, focusing on the creation and storage of information using various technologies over time. It also outlines key aspects of the modern IT industry including major players, products/services, financial data, and government regulations. SWOT and PEST analyses are presented to evaluate strengths/weaknesses and opportunities/threats. The document uses Infosys as a case study to illustrate aspects of a major Indian IT company.
This is the one important component of business environment. technological environment is external environment which affects the business. it provides opportunities as well as threats to our business. so understanding of technological environment is important to business man.
The document summarizes the impact of COVID-19 on the Indian economy. It discusses how various sectors like agriculture, industry, and services were affected. The agriculture sector was less impacted as kharif harvest and rabi sowing were not affected by lockdowns. However, poultry and dairy faced declines in demand and prices. The industry sector saw contractions in eight core industries like coal, crude oil, natural gas, refinery products and electricity. The overall Index of Industrial Production declined by 11.4%. The services sector, which contributes over 50% to India's GDP, was heavily impacted due to lockdowns.
This document discusses the technological environment and its impact on business. It defines technology as the systematic application of knowledge to practical tasks. It notes that the technological environment changes rapidly and affects how resources are converted to output. Adopting new technologies can increase productivity, save time, improve quality and communication, and make marketing and management easier. However, technology transfer between businesses and nations can be costly, issues of appropriateness and dependence can arise, and technologies may become obsolete. Appropriate technology refers to small-scale, locally managed technologies that meet basic needs. The conclusion states that while technology presents risks and opportunities, businesses can leverage changes to improve and create new products and processes.
The document discusses the black economy in India. It defines the black economy as the hidden sector where cash transactions go unreported, including trades, goods and services not part of the official economy. A large portion of the black economy, estimated at 50% of GDP in 2012-13, is controlled by the top 3% of the population. This exacerbates inequality. The black economy undermines the macroeconomy, sectors like education and health, and weakens democracy. Tough steps are needed like getting details from Swiss banks, replacing high denomination notes, and increasing public awareness, to resolve its negative impacts on India's growth.
Project on training and development by karan k kamdi (2)Akshay Bhagat
The document is a project report submitted by Karan K Kamdi to his university on a study of training and development of employees at Indorama Synthetics (India) Ltd located in Butibori, Nagpur. The report includes an introduction, certificate of completion signed by his project guide and university director, declaration by the author, acknowledgements, table of contents, and initial chapters on introduction to human resource management, training and development, types of training, and methods of training. The report was submitted to fulfill requirements for an MBA degree at DMIMS university in Nagpur, India.
The document summarizes the history and development of the Indian economy from ancient times to present day. It discusses how the economy was negatively impacted during British colonial rule but began to grow after independence through import substitution industrialization and nationalization of key industries. Economic reforms since 1991 opened the economy to foreign investment and global trade, leading to strong growth rates of around 7% annually over the past few decades and positioning India as the 7th largest economy globally. Recent years have seen some slowing but growth is projected to remain around 7-8% through 2016-17.
Rationale and extent of state interventionNITISH SADOTRA
The document discusses the rationale and extent of state intervention in multinational enterprises. It provides reasons for state intervention such as ensuring development, preventing monopolies, and protecting fundamental rights. It describes different types of intervention including formal/informal, coercive/inductive, and direct/indirect interventions. The extent of intervention includes promotional and regulatory activities. Potential consequences are also outlined, such as wastage of resources, corruption, inflexibility and incapability in administration.
The document provides a history of coffee from its origins in Ethiopia around 1000 AD to its spread and cultivation around the world. It notes that coffee was first cultivated in Arabia in the 15th century and was tightly controlled, but was eventually smuggled to other regions like India by Muslim pilgrims. By the 17th century, coffee had entered Europe through places like Venice and Indonesia through Dutch colonization. Brazil later emerged as a major producer after diseases impacted Southeast Asian plantations in the 18th century.
The document discusses India's service sector industry. It begins with an introduction defining the service sector and service sector industries. It then outlines the main types of service industries in India including business, social, and personal services. The service sector has significant positive effects on the Indian economy, accounting for over 50% of GDP. It is a major source of employment and foreign investment. The government has implemented initiatives to promote growth in the sector. In conclusion, the service sector plays an important role in national development and standards of living.
1) MSME stands for micro, small, and medium enterprises and plays an important role in India's economic development through high employment potential at low capital costs.
2) The MSMED Act of 2006 classifies enterprises based on investment in plant/machinery for manufacturing and equipment for services.
3) MSMEs are a major part of the Indian economy, with over 12.5 million units employing 30 million people and contributing approximately 50% of industrial production and 45% of exports. The government aims to support MSME development through credit, legislation, and fiscal policies.
The document discusses ancient Indian value systems and ethics. It notes that ancient Indian philosophers synthesized social, economic, emotional and spiritual life. Indian ethics focuses on practical means of attaining perfection in this life, rather than just analyzing concepts of good and evil. Key virtues emphasized in ancient Indian texts include honesty, non-violence, and purity. The document also outlines the four classes of ancient Indian society and the four goals of life in Hinduism.
The document discusses foreign capital, investment, and technology. It defines foreign capital as funds flowing into a country from abroad, which can come as foreign aid, loans, or grants. Foreign investment occurs when a country invests assets or securities in a company located in another nation. Theories discussed include theories of capital movement, internalization theory, eclectic theory, market imperfections theory, and location-specific advantage theory. Factors affecting international investment are also examined, such as political, legal, economic, taxation, financial, and human resource factors. The document also explores foreign direct investment, portfolio investment, technological environment, transfer of technology, and various methods of transferring technology.
The document discusses the research methodology for a study on training and development at MONDOVI PVT Ltd. It outlines the objectives of studying how training programs are conducted, getting employee opinions and feedback, and determining if training benefits the organization. A questionnaire and interviews were used to collect primary data from 50 employees. The research design is descriptive and involves collecting and analyzing data to understand and describe the characteristics of training programs. Secondary data was also obtained from company reports. The goal is to evaluate the effectiveness of training and provide suggestions for improvements.
The Make in India initiative was launched in 2014 by Prime Minister Narendra Modi to promote manufacturing in India and attract foreign investment. The initiative aims to boost GDP growth by increasing the manufacturing sector's contribution to 25% by 2022 and generate jobs. It focuses on 25 sectors and introduces policies to facilitate investment, foster innovation, and build infrastructure. While it aims to boost manufacturing, there are concerns it could negatively impact other key sectors like agriculture and services if not properly balanced. The effects of Make in India remain to be fully seen.
The document summarizes investment opportunities in India's IT & ITeS sector. It notes that India accounts for 55% of the global outsourcing market and the sector employs over 2.5 million people directly and 8.3 million indirectly. The government promotes the sector through policies like allowing 100% FDI and incentives for software technology parks, special economic zones, and investment regions. The sector is expected to grow significantly, with the workforce reaching 30 million by 2020 and electronics hardware demand growing to $400 billion.
Hi All,
Budget View from Team Aera
The government of India has put their ambitious and national building plan with today's Budget.
We find that the Budget is impressive.
Please find the attached first cut review of the Budget.
We welcome comments from you as well as ready to provide any more details /clarity on this finance bill 2022 ..
Thanks
Team Aera
#unionbudget2022 #unionbudget #indiamarket #growthpotential
India has the potential to become a superpower due to several factors:
1) It has a large and growing population, with investments in education helping to build a skilled workforce.
2) Infrastructure development and economic reforms have supported strong economic growth rates over 8% annually in recent years.
3) The rising Indian middle class, growth of the IT industry, and increasing domestic consumption are expected to continue driving the economy.
4) Significant investments in modernizing its military, which already has the second largest standing army in the world, demonstrate India's growing international influence.
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.
The document provides an overview of the history and development of the Indian economy from independence in 1947 to present day. It discusses how India transformed from a primarily agricultural economy to one with major industries and sectors like manufacturing, services, and technology. The economy has grown significantly and become one of the fastest growing major economies in the world, with a large middle class and reductions in poverty and illiteracy rates. However, issues around unemployment, infrastructure, and income inequality still remain.
The document provides an overview of the information technology industry. It discusses the history and development of IT, focusing on the creation and storage of information using various technologies over time. It also outlines key aspects of the modern IT industry including major players, products/services, financial data, and government regulations. SWOT and PEST analyses are presented to evaluate strengths/weaknesses and opportunities/threats. The document uses Infosys as a case study to illustrate aspects of a major Indian IT company.
This is the one important component of business environment. technological environment is external environment which affects the business. it provides opportunities as well as threats to our business. so understanding of technological environment is important to business man.
The document summarizes the impact of COVID-19 on the Indian economy. It discusses how various sectors like agriculture, industry, and services were affected. The agriculture sector was less impacted as kharif harvest and rabi sowing were not affected by lockdowns. However, poultry and dairy faced declines in demand and prices. The industry sector saw contractions in eight core industries like coal, crude oil, natural gas, refinery products and electricity. The overall Index of Industrial Production declined by 11.4%. The services sector, which contributes over 50% to India's GDP, was heavily impacted due to lockdowns.
This document discusses the technological environment and its impact on business. It defines technology as the systematic application of knowledge to practical tasks. It notes that the technological environment changes rapidly and affects how resources are converted to output. Adopting new technologies can increase productivity, save time, improve quality and communication, and make marketing and management easier. However, technology transfer between businesses and nations can be costly, issues of appropriateness and dependence can arise, and technologies may become obsolete. Appropriate technology refers to small-scale, locally managed technologies that meet basic needs. The conclusion states that while technology presents risks and opportunities, businesses can leverage changes to improve and create new products and processes.
The document discusses the black economy in India. It defines the black economy as the hidden sector where cash transactions go unreported, including trades, goods and services not part of the official economy. A large portion of the black economy, estimated at 50% of GDP in 2012-13, is controlled by the top 3% of the population. This exacerbates inequality. The black economy undermines the macroeconomy, sectors like education and health, and weakens democracy. Tough steps are needed like getting details from Swiss banks, replacing high denomination notes, and increasing public awareness, to resolve its negative impacts on India's growth.
Project on training and development by karan k kamdi (2)Akshay Bhagat
The document is a project report submitted by Karan K Kamdi to his university on a study of training and development of employees at Indorama Synthetics (India) Ltd located in Butibori, Nagpur. The report includes an introduction, certificate of completion signed by his project guide and university director, declaration by the author, acknowledgements, table of contents, and initial chapters on introduction to human resource management, training and development, types of training, and methods of training. The report was submitted to fulfill requirements for an MBA degree at DMIMS university in Nagpur, India.
The document summarizes the history and development of the Indian economy from ancient times to present day. It discusses how the economy was negatively impacted during British colonial rule but began to grow after independence through import substitution industrialization and nationalization of key industries. Economic reforms since 1991 opened the economy to foreign investment and global trade, leading to strong growth rates of around 7% annually over the past few decades and positioning India as the 7th largest economy globally. Recent years have seen some slowing but growth is projected to remain around 7-8% through 2016-17.
Rationale and extent of state interventionNITISH SADOTRA
The document discusses the rationale and extent of state intervention in multinational enterprises. It provides reasons for state intervention such as ensuring development, preventing monopolies, and protecting fundamental rights. It describes different types of intervention including formal/informal, coercive/inductive, and direct/indirect interventions. The extent of intervention includes promotional and regulatory activities. Potential consequences are also outlined, such as wastage of resources, corruption, inflexibility and incapability in administration.
The document provides a history of coffee from its origins in Ethiopia around 1000 AD to its spread and cultivation around the world. It notes that coffee was first cultivated in Arabia in the 15th century and was tightly controlled, but was eventually smuggled to other regions like India by Muslim pilgrims. By the 17th century, coffee had entered Europe through places like Venice and Indonesia through Dutch colonization. Brazil later emerged as a major producer after diseases impacted Southeast Asian plantations in the 18th century.
The document discusses India's service sector industry. It begins with an introduction defining the service sector and service sector industries. It then outlines the main types of service industries in India including business, social, and personal services. The service sector has significant positive effects on the Indian economy, accounting for over 50% of GDP. It is a major source of employment and foreign investment. The government has implemented initiatives to promote growth in the sector. In conclusion, the service sector plays an important role in national development and standards of living.
1) MSME stands for micro, small, and medium enterprises and plays an important role in India's economic development through high employment potential at low capital costs.
2) The MSMED Act of 2006 classifies enterprises based on investment in plant/machinery for manufacturing and equipment for services.
3) MSMEs are a major part of the Indian economy, with over 12.5 million units employing 30 million people and contributing approximately 50% of industrial production and 45% of exports. The government aims to support MSME development through credit, legislation, and fiscal policies.
The document discusses ancient Indian value systems and ethics. It notes that ancient Indian philosophers synthesized social, economic, emotional and spiritual life. Indian ethics focuses on practical means of attaining perfection in this life, rather than just analyzing concepts of good and evil. Key virtues emphasized in ancient Indian texts include honesty, non-violence, and purity. The document also outlines the four classes of ancient Indian society and the four goals of life in Hinduism.
The document discusses foreign capital, investment, and technology. It defines foreign capital as funds flowing into a country from abroad, which can come as foreign aid, loans, or grants. Foreign investment occurs when a country invests assets or securities in a company located in another nation. Theories discussed include theories of capital movement, internalization theory, eclectic theory, market imperfections theory, and location-specific advantage theory. Factors affecting international investment are also examined, such as political, legal, economic, taxation, financial, and human resource factors. The document also explores foreign direct investment, portfolio investment, technological environment, transfer of technology, and various methods of transferring technology.
The document discusses the research methodology for a study on training and development at MONDOVI PVT Ltd. It outlines the objectives of studying how training programs are conducted, getting employee opinions and feedback, and determining if training benefits the organization. A questionnaire and interviews were used to collect primary data from 50 employees. The research design is descriptive and involves collecting and analyzing data to understand and describe the characteristics of training programs. Secondary data was also obtained from company reports. The goal is to evaluate the effectiveness of training and provide suggestions for improvements.
The Make in India initiative was launched in 2014 by Prime Minister Narendra Modi to promote manufacturing in India and attract foreign investment. The initiative aims to boost GDP growth by increasing the manufacturing sector's contribution to 25% by 2022 and generate jobs. It focuses on 25 sectors and introduces policies to facilitate investment, foster innovation, and build infrastructure. While it aims to boost manufacturing, there are concerns it could negatively impact other key sectors like agriculture and services if not properly balanced. The effects of Make in India remain to be fully seen.
The document summarizes investment opportunities in India's IT & ITeS sector. It notes that India accounts for 55% of the global outsourcing market and the sector employs over 2.5 million people directly and 8.3 million indirectly. The government promotes the sector through policies like allowing 100% FDI and incentives for software technology parks, special economic zones, and investment regions. The sector is expected to grow significantly, with the workforce reaching 30 million by 2020 and electronics hardware demand growing to $400 billion.
A manifesto on why Indian social web startups should design applications for the global market.
Nasscom Emerge Delhi January 2010
Startup Saturday StartingUp Mumbai November 2010
The ITES/BPO industry in India has grown rapidly since 1999 and is expected to reach $5.7 billion in revenues by 2005. It is one of the fastest growing segments in the global sourcing market, driven by cost advantages and an ability to rapidly scale operations. The industry employs over 250,000 people currently and is forecast to exceed 1 million employees by 2007-2008. HSBC presents an opportunity to be part of this growing industry through its global resourcing centers in India, which provide world-class customer service and rewarding careers with training and development opportunities.
Siescoms nasscom the indian software landscape june2014Sanjay Gupta
NASSCOM is India's leading trade association for the IT and business process outsourcing industries. It was established in 1988 to represent the interests of the growing Indian software industry. NASSCOM works to advocate for its members, provide research and insights, and support initiatives related to skills development, innovation, and expanding the domestic market in India. Its over 1500 members include major Indian IT companies as well as multinational corporations operating in India. NASSCOM has played a key role in the dramatic growth of India's IT exports from $400 million in 1991 to over $118 billion today.
The document provides an overview of Telangana state in India. Some key points:
- Telangana became the 29th state of India in June 2014, with Hyderabad as its capital.
- The state's economy is driven by the services sector, with Hyderabad as a major IT hub.
- The state budget for 2016-17 allocated $19.92 billion for various sectors.
- Agriculture is important to the state's economy, with rice, cereals, pulses and cotton as major crops.
India saw significant growth in internet and smartphone usage in 2016. Internet penetration reached 19% of the population, up 31% from the previous year. Mobile internet users grew to 232 million in 2015 and were projected to increase by 21% through 2019. Digital initiatives like Digital India were expected to drive further expansion of internet access. E-commerce shifted heavily to mobile app platforms, with companies drawing up to 80% of their traffic from mobile. Digital advertising grew rapidly as well, increasing 45% from 2014 to 2015. Social media engagement also rose in India, with time spent on social media averaging almost 3 hours per day.
The document provides an overview of the IT industry in India, including its growth and statistics. It discusses how India developed an advantage in the IT sector through lower costs and a skilled workforce. Major IT clusters emerged in cities like Bangalore, Hyderabad, and Kolkata, supported by government policies and infrastructure development. Leading Indian IT companies include Tata Consultancy Services, Wipro, Infosys, and Satyam Computer Services. India has become an important R&D hub for many multinational corporations.
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.
This document provides statistics on connectivity, websites and apps, social media, and other miscellaneous internet-related topics. It touches on global internet and social media usage numbers as well as resources for further information. The document appears to be an overview of key internet and technology usage statistics.
The IT & ITeS sector in India has grown significantly over the past decade. It expanded at a CAGR of 10.71% from US$74 billion in 2010 to US$167 billion in 2018. India has emerged as a global outsourcing hub, accounting for 55% of the global sourcing market. The sector employs over 3.97 million people and is expected to add over 100,000 new jobs in 2019. New technologies such as cloud, analytics and mobility offer significant growth opportunities for the sector.
The document discusses India's IT & ITeS sector. It highlights that the sector has grown at a CAGR of 10.71% from 2010 to 2018. India is the leading sourcing destination globally, accounting for 55% of the global IT services market share. The country's large talent pool and low costs have made it an attractive outsourcing hub. The sector employs over 3.97 million people and contributed around 7.7% to India's GDP in 2018. Exports from the sector are projected to reach $135-137 billion in 2018-19, growing at a CAGR of 12.26% from 2009 to 2018. Banking and financial services is a major vertical. The US accounts for
The IT & ITeS sector in India has grown significantly over the past decade. It expanded at a CAGR of 10.71% from 2010-2018 to reach $167 billion in size. India has emerged as a global leader in the IT & ITeS sector, accounting for 55% of the global sourcing market. Key factors driving growth include India's large talent pool of technical graduates and the sector's ability to attract significant foreign investment. The sector employs over 3.97 million people and contributes around 7.7% to India's GDP. IT & ITeS exports from India have also grown rapidly and are expected to reach $135-137 billion in FY2019.
The IT & ITeS sector in India has grown significantly over the past decade. It expanded at a CAGR of 10.71% from $74 billion in FY10 to $167 billion in FY18. India has emerged as the leading destination for outsourcing, accounting for 55% of the global services sourcing market. The country's large talent pool of technical graduates supports the growth of the sector. The IT industry employs nearly 4 million people and contributes around 7.7% to India's GDP. Exports from the sector have also grown substantially, increasing at a CAGR of 12.26% between FY09-18.
The document discusses India's IT & ITeS sector. Some key points:
- The Indian IT-BPM sector grew at a CAGR of 10.71% from 2010-2018 to reach $167 billion, and is estimated to reach $350 billion by 2025.
- India is the leading sourcing destination globally, with 55% market share of the $185-190 billion global services outsourcing business.
- India's large talent pool of technical graduates and low costs make it an attractive destination for outsourcing. The sector contributes significantly to GDP and employment.
The IT-BPM sector in India has grown significantly over the past decade. It expanded at a CAGR of 10.71% between FY10-FY18 to reach a size of US$ 167 billion. India has become the leading destination for IT and BPM services globally, accounting for 55% of the global sourcing market. Some key factors that have driven this growth include India's large talent pool in technical skills, low costs compared to other countries, and strong focus on exports. The IT industry is expected to continue growing and contribute significantly to India's GDP, employing millions of professionals.
The IT & ITeS sector in India has grown significantly over the past decade. It is estimated to reach $350 billion by 2025, growing at a CAGR of 10.71%. India has emerged as a global outsourcing hub, accounting for 55% of the global sourcing market. The sector employs nearly 4 million people and contributes around 7.7% to India's GDP. Key verticals include BFSI, telecom and retail. Exports have grown at 12.26% annually and were estimated at $126 billion in FY2018 with the US as the largest importer.
The document provides an overview of the IT & ITeS sector in India. Some key points:
- The size of the Indian IT-BPM sector grew from US$ 74 billion in FY10 to US$ 167 billion in FY18 and is estimated to reach US$ 350 billion by 2025.
- India has emerged as a preferred destination for outsourcing, with over 55% of the global services sourcing market share in FY18. It also accounts for 38% of the global BPM sourcing market.
- The computer software and hardware sector attracted $32.23 billion in FDI between April 2000-June 2018, making it one of the most lucrative sectors for investment in
The Indian IT-ITes industry grew at 32% in FY2007-2008, clocking revenues of $52 billion. It is projected to reach $60 billion in exports by FY2009-2010. The industry employs over 2 million people directly and is expected to employ 4 million directly and 12 million indirectly by 2015. Key segments include IT services, ITES-BPO services, and software development. The industry faces challenges from economic slowdowns, currency appreciation, and over-reliance on the US market.
The document provides an overview of India's IT & ITeS sector. Some key points:
- India's IT industry grew at a CAGR of 10.71% from 2010-2018 and is estimated to reach $350 billion by 2025, making it a strong growth opportunity.
- India is the leading global sourcing destination, accounting for 55% of the $185-190 billion global services market in 2017-18.
- The sector employs nearly 4 million people in India and added over 105,000 jobs in 2018.
The document provides an overview of the Indian economy as an emerging global power. It notes that India is the 10th most industrialized country and 4th largest economy by GDP at purchasing power parity. Some key points include:
- India has a strong services sector accounting for over 50% of GDP, with industry and agriculture making up the remainder.
- The economy has experienced strong real GDP growth of over 9% in recent years and corporate earnings growth over 20%.
- Projections estimate India's GDP will surpass Japan's by 2032 and per capita income will increase 35-fold by 2050, cementing India as the third largest economy.
The document provides an overview of the Indian economy as an emerging global power. It notes that India is the 10th most industrialized country and 4th largest economy by GDP at purchasing power parity. Some key points are:
- India has a strong services sector accounting for over 50% of GDP, with industry and agriculture making up the remainder.
- The economy has experienced strong real GDP growth of over 9% in recent years, with corporate earnings growth over 20%.
- Projections estimate India's GDP will surpass Japan's by 2032 and per capita income will increase 35-fold by 2050, cementing India as the third largest economy.
Marketing IT amid Global Crisis - An strategic perspectiveRavi Shankar
The document discusses the global economic crisis and its impact on various economies and industries. It analyzes macroeconomic indicators and forecasts for the US, European, Indian and Chinese economies. Furthermore, it examines the effects of the economic downturn on the global IT industry and spending patterns, as well as strategies for companies to optimize their technology costs during this period.
The IT & ITeS industry in India has grown significantly over the past decade. It expanded at a CAGR of 10.71% between FY10-FY18 to reach US$ 167 billion. India has emerged as the leading sourcing destination globally with a 55% market share of the US$ 185-190 billion global services sourcing business in 2017-18. The domestic market is also growing with increased adoption of new technologies. Exports from the industry are expected to reach US$ 135-137 billion in FY19, driven primarily by growth in IT services exports. Banking and financial services remains the largest vertical.
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 ...
A research paper prepared by me on the Manufacturing Sector In India. It contains a SWOT analysis and possible outcomes in the future for the industry.
The IT & ITeS industry in India has grown significantly in recent years. It expanded at a CAGR of 10.71% from FY10 to FY18 to reach US$ 167 billion. India is the leading sourcing destination globally, accounting for 55% of the global IT services market. The industry is expected to continue growing rapidly and reach US$ 350 billion by 2025. It contributes around 7.7% to India's GDP currently.
The document discusses the impact of the global economic slowdown on the Indian IT industry. It notes that the economic slowdown originated in the US but has spread to major economies worldwide. As the Indian IT sector derives much of its revenue from clients in the US and Europe, it is being negatively impacted by declining demand in those markets. However, the impact has varied between indigenous Indian IT companies and foreign companies' captive units in India. Overall, the outlook is uncertain but growth in the Indian IT sector is expected to slow substantially.
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This document summarizes the Electronic Hardware Policy 2012-2017 of the Government of Andhra Pradesh, India. Key points:
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1) The electronics industry is one of the largest and fastest growing globally but domestic production in India and AP is less than 45% of consumption, resulting in large imports.
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2) The policy aims to promote the electronics hardware industry in AP through initiatives like developing electronics clusters and hubs, incentivizing investments, focusing on R&D and IP creation, and providing infrastructure and other facilities.
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3) The policy offers various incentives to the electronics hardware industry like exemptions from power
The document summarizes the history and growth of the IT sector in India. It discusses how India became a global leader in IT services, with the sector growing at over 35% annually and accounting for over 7.5% of India's GDP. The top IT companies in India include Tata Consultancy Services, Infosys, and Wipro, and the sector is projected to attract $4-5 billion in foreign direct investment and create over 2 million new jobs by 2020.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
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Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
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Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
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Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
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1. IT & ITES SECTOR IN
INDIA
The report aims at providing an overview of the IT and ITES sector in India
through and Economic viewpoint.
Vivaswan Pathak
IIFT CPCFM Online
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