18-08-2012, 03:13 PM
Overview of the Indian Software Industry Profile, R&D features and Future
Overview of the Indian Software.pdf (Size: 823.41 KB / Downloads: 91)
ICT Sector Trends
ICT sector GDP increased from Euro 15.8 billion in 2000-01 Euro 45.18 billion in 2007-08 with CAGR of 21.3%
Contribution of the ICT sector to GDP increased from 3.4% to 5.9%
Share of ICT manufacturing sector to GDP remains more or less constant with about 0.35%
Share of ICT services sector to total GDP increased from 3.05% to 5.52% (Euro 14 .15 billion to Euro 41.8 billion)
Annual growth rate of ICT services between 23% and 26%
IT services exportsincreased from Euro 5.93 billion (2003-04) to Euro 20.20 billion (2008-09)
Contribution of exports in total ICT sector has increased from 64.5% in 2004-05 to 66.1% in 2008-09
Software Exports
The computer software and services exports were Rs.1041 billion (Euro 19.3 billion) in 2005/06 and it is estimated to increase to Rs. 2696.30 billion (Euro 42.55 billion ) in 2010/11. Exports as a proportion of total output has maintained a share of around 78%. India exports software to 95 countries, USA, UK, France, Germany, Japan, China, South Korea, Taiwan and Hong Kong.
Evolution
Formation of NASSCOM in 1988 and subsequent policy measures tried to promote the industry more proactively
Establishment of the Software Technology Parks (STPs) in 1990 transformed the industry
Major shift in economic policies devaluation of the rupee by 18% against the US dollar, trade liberalization and duty rationalization, openness to foreign investment and a new industrial policy that removed entry barriers for new firms
Scenario changed from providing low-end onsite services to high-end offshore services
Roadblocks to Overcome
Lack of integrated approach that boosts hardware and software
Domestic higher education not geared towards R&D
Hard core product engineers are hard to come by in India, possibly due to a long history in services and a lack of product oriented culture.
Weak domestic market in comparison to China