emerging
across five broad sectors – IT Services, Software
Products. IT enabled Services, e-business and business
process outsourcing. With US$ 40 billion in revenues,
the IT sector continues to be one of the sunshine sectors
of the Indian economy.With a growth figure of 30.7%
in 2006-07, the sector has left its global counterpart,
which grew at 10%, way behind. In addition to the export
market, all of these segments have a domestic market
component as well. |
increasing
IT demand in the domestic market,India has emerged as
the fastest growing IT hub in the world. Its growth
is dominated by Systems Integration, IT Consulting,
Application Management, Infrastructure Management Services,
Software Testing, Service-oriented Architecture and
Web Services. India is also the undisputed leader in
offshore services, accounting for 65-70 per cent of
the global off shoring pie. |