Software technology and service in India.pptVIP

Software technology and service in India 李芳瑩 蔡侑勳 陳志銘 About India Official name: Republic of India Population: 1.09billion (2004) Capital: New Delhi Official Language: Hindi and English Currency: Rupee (Rs) (Rs45.63 per US$) GDP per capita: US$539 (2003) Bangalore City Since local entrepreneurs and the technology giant Texas Instruments discovered its potential as a high-tech city in the early 1980s, Bangalore has seen a major technology boom. It is now home to more than 250 high-tech companies. Including homegrown giants like Wipro and Infosys. Consequently, now Bangalore is called the Silicon Valley of India. Bangalore City Bangalore City houses: the international gateway and network operations center at the Software Technology Parks of India (STPI) Cyber Park - Technology Incubation Centre (set up in Aug. 2000, to promote the growth of the IT sector) Software technology park, IT Park Hubli The Indian software Industry now As of 2004: India’s software exporting industry employs 345,000 persons Earned revenue of $12.2billion (equal to 3.3%of global software services spending) annual growth rate of India’s software exports has been consistently over 50 percent since 1991 India exports software and services to nearly 95 countries around the world TCS, Infosys, Wipro, Satyam, HCL, PCS and i-Flex History Begun in 1974 Originated under untypical conditions: (1) Local markets were absent (2) government policy towards private enterprise was hostile (disfavored large domestic firms and discouraged transnational corprorations (TNCs) and small firms but was least hostile to large, domestic firms = protectionist policy) Foreign Exchange Regulation Act of 1973 - a foreign firm could operate in India only with a minority interest (closed the door to product software development in India by TNCs) History Government policy changed to a supportive stance with the election of Rajiv Gandhi (1984 – new Prime Minister) New Computer Policy (NCP